3210 S 28th St APT 404, Alexandria, VA, 22302 | $614/mo Cash Flow

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3210 S 28th St APT 404, Alexandria, VA, 22302 | $614/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Alexandria at 3210 S 28th St APT 404, Alexandria, VA, 22302 listed at $264,900 pairs $2,198/mo rent with a $1,297/mo payment to leave $614/mo cash flow. Total monthly income runs $2,198/mo, and annual cash flow reaches $7,368/yr on $87,814 cash to close. Return on cash invested measures 28.3% in year one, and rental yield registers 9.96% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 147.62% and total cumulative return in cash totals $129,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,198/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1961

N/A lot

$N/A/sqft

No HOA

More details about the property

**Updated Top-Floor Condo with Brand New Appliances and Oversized Balcony!** Welcome to 3210 S 28th St #404 a bright and modern 1-bedroom, 1-bath condo located in the sought-after Bolling Brook community in Alexandria! This move-in ready top-floor unit features **brand new stainless steel appliances**, **all new flooring**, and a spacious, open layout filled with natural light. Step outside to your **oversized private balcony**, ideal for relaxing, entertaining, or enjoying your morning coffee with a view. Inside, you'll find: * A freshly updated kitchen with modern finishes * A large living/dining area with great flow * A generously sized bedroom with ample closet space * In-unit washer and dryer for added convenience Community amenities include a pool, playground, dog park, and assigned parking. Condo fee covers gas and water! **Prime location** just minutes to I-395, Shirlington, Pentagon City, Amazon HQ2, and downtown D.C. Whether you're commuting or exploring, everything you need is right at your doorstep. Dont miss this perfect blend of comfort, convenience, and style schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22302, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,009 (100%)
Owner Occupied HU	4,787 (47.8%)
Renter Occupied HU	4,577 (45.7%)
Vacant Housing Units	645 ( 6.4%)
Median Home Value	$752,417
Average Home Value	$795,715