4860 Eisenhower Ave UNIT 482, Alexandria, VA, 22304 | $645/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4860 Eisenhower Ave UNIT 482, Alexandria, VA, 22304 | $645/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 4860 Eisenhower Ave UNIT 482, Alexandria, VA, 22304 earns $645/mo cash flow from $2,378/mo rent with a $1,419/mo payment. Total monthly income totals $2,378/mo, and annual cash flow totals $7,738/yr on $96,135 capital. ROI tracks 27.96% on current figures, and rental yield reads 9.84% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 145.72% and total cumulative return in cash sums $140,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,378/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Price reduction on this beautiful, sunny corner unit in conveniently located Exchange at Van Dorn. Private penthouse unit with great exposure for balcony garden. Open floor plan. Recently laid LVP floors. Fresh paint. Washer and dryer in unit. Corner gas fireplace in living room. Walk-in closet in bedroom. Balcony overlooking courtyard. Dedicated covered garage parking space. Great community amenities to include pool, gym, indoor basketball court, billiards room, telecommuting room, gazebo overlooking pond with fountain. The grounds of this complex are truly beautiful and meticulously maintained. Pet-friendly, complete with dog park. Pergola seating areas. Outdoor grills. Small community garden. Small outdoor fitness course. Free shuttle to Van Dorn Metro. Convenient to Metro, bus, restaurants, shops and more. Special assessment has been paid by seller. Community is undergoing major renovations that should increase property values. Condo fee includes water.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,314 (100%)
Owner Occupied HU	9,329 (38.4%)
Renter Occupied HU	13,537 (55.7%)
Vacant Housing Units	1,448 ( 6.0%)
Median Home Value	$544,734
Average Home Value	$667,328