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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alexandria at 431 N Armistead St APT 504, Alexandria, VA, 22312 offers a 11.83% rental yield on a $268,600 purchase with $2,648/mo rent. Total monthly income registers $2,648/mo, and a $1,315/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,669/yr on $89,041 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $1,733/yr while 5% annual appreciation supports $74,209 over five years. Portfolio math shows five-year ROI at 139.53% and total cumulative return in cash at $124,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,648/mo property income against a $1,315/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
$515 monthly HOA
Neighborhood data shown for ZIP Code: 22312, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,596 (100%) |
| Owner Occupied HU | 5,947 (51.3%) |
| Renter Occupied HU | 5,120 (44.2%) |
| Vacant Housing Units | 529 ( 4.6%) |
| Median Home Value | $680,650 |
| Average Home Value | $777,590 |
Residential
11,837
Single Family
6,511
Multi-Family
5,326
Businesses
889
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listing removed | $2,100 |
| 2024-10-25 | Listing removed | $265,000 |
| 2024-10-22 | Listed for rent | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-01 | $2803.84 | 8.16% | $247,034 | 8.16% |
| 2024-11-01 | $2592.29 | 11.83% | $228,396 | 9.38% |
| 2023-11-01 | $2318.00 | 5.03% | $208,802 | 5.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
