3908 Charles AveAlexandriaVA22305
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 3908 Charles Ave, Alexandria, VA, 22305 in Alexandria is a conservative rental investment at $875,000. Rental yield 7.17%. A 1.33 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $241,746; $8,059/yr in principal paydown supplements. Total projected return: $330,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 4.5% |
| Monthly Cash Flow | $(6) | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,225 |
| Total Monthly Debt Service | $4,882 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1989
1,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22305, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,036 (100%) |
| Owner Occupied HU | 2,650 (37.7%) |
| Renter Occupied HU | 4,043 (57.5%) |
| Vacant Housing Units | 343 ( 4.9%) |
| Median Home Value | $855,894 |
| Average Home Value | $944,787 |
Housing Distribution
Address Breakdown
Residential
7,497
Single Family
3,608
Multi-Family
3,889
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1989
1,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22305, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,036 (100%) |
| Owner Occupied HU | 2,650 (37.7%) |
| Renter Occupied HU | 4,043 (57.5%) |
| Vacant Housing Units | 343 ( 4.9%) |
| Median Home Value | $855,894 |
| Average Home Value | $944,787 |
Housing Distribution
Address Breakdown
Residential
7,497
Single Family
3,608
Multi-Family
3,889
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Varner • Washington Fine Properties
Mls Name: Bright MLS
Mls ID: #VAAX2049396