4520 King St APT 601, Alexandria, VA, 22302 | $784/mo Cash Flow

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4520 King St APT 601, Alexandria, VA, 22302 | $784/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 4520 King St APT 601, Alexandria, VA, 22302 uses $82,875 cash to close to unlock $9,410/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,224/mo payment keeps the spread at $784/mo. Purchase price stands at $250,000, and rental yield measures 10.94% with $2,279/mo rent. Return on cash invested shows 31.26% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 163.5% and total cumulative return in cash records $135,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4520 King Street #601 A Rare Find with Breathtaking Views and Unbeatable Convenience Step into this beautifully updated condo and immediately feel at home. Perched on the 6th floor, this light-filled unit offers expansive, unobstructed viewsa perfect backdrop for your morning coffee or evening wind-down. Whether you're watching the sunrise over the city or the glow of the skyline at night, the view here never gets old. Inside, you'll find modern finishes throughout, including updated appliances, granite countertops, and a spacious, open layout ideal for entertaining or enjoying quiet nights in. The contemporary kitchen flows seamlessly into the living space, creating a warm, welcoming environment. Leave utility worries behindthe condo fee covers water, heat, air conditioning, and electricity. Thats righteverything except internet is included, making budgeting simple and stress-free. Located in an ideal commuter location, you're just one light to I-395 and minutes to D.C., the Pentagon, Shirlington, and Old Town Alexandria. Hop on the bus right at your doorstep for a quick ride to King Street Metro, or enjoy the convenience of having a grocery store, gym, and local restaurants just steps away. Whether you're a first-time buyer, a frequent traveler, or looking to downsize without compromise, this condo offers the perfect blend of comfort, location, and value. Come see why life at 4520 King Street #601 feels just right.

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