413 Tennessee AveAlexandriaVA22305
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
Investment Highlights
Rental property for sale in Alexandria at 413 Tennessee Ave, Alexandria, VA, 22305 generates $4,080/mo in rent, after a $5,384/mo payment. Total monthly income is $4,080/mo. Return on cash invested sits at 11.97% in year one, and rental yield is 4.45% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 59.88% and total cumulative return in cash sums $213,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
7,841 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: Susie Klein • Compass
Mls Name: Bright MLS
Mls ID: #VAAX2053402