501 Slaters LaAlexandriaVA22314
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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
Investment Highlights
Rental property for sale in Alexandria at 501 Slaters La, Alexandria, VA, 22314 priced at $357,000 pairs $2,597/mo rent with after a $1,747/mo payment. Total monthly income equals $2,597/mo. Return on cash invested is 17.72% in year one, and rental yield stands at 8.73% on a $357,000 basis. Equity gained on principal adds $2,304/yr, and 5% annual appreciation accumulates to $98,633 by year five. Five-year ROI measures 93.35% and total cumulative return in cash reaches $110,476. For financing, Ziffy Mortgage’s DSCR program evaluates $2,597/mo property income against a $1,747/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
$571 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22314, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,331 (100%) |
| Owner Occupied HU | 9,049 (37.2%) |
| Renter Occupied HU | 12,678 (52.1%) |
| Vacant Housing Units | 2,604 (10.7%) |
| Median Home Value | $961,850 |
| Average Home Value | $1,048,390 |
Housing Distribution
Address Breakdown
Residential
23,746
Single Family
8,902
Multi-Family
14,844
Businesses
2,873
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Listed by: N/A • N/A
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Mls ID: #N/A