509 Bashford Ln APT 6AlexandriaVA22314
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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
Investment property for sale in Alexandria at 509 Bashford Ln APT 6, Alexandria, VA, 22314 listed at $400,000 pairs $2,928/mo rent with a $1,958/mo payment to leave $537/mo cash flow. Total monthly income runs $2,928/mo, and annual cash flow reaches $6,440/yr on $132,600 cash to close. Return on cash invested measures 24.77% in year one, and rental yield registers 8.78% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 128.61% and total cumulative return in cash totals $170,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,928/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1944
N/A lot
$N/A/sqft
No 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: Elisa Stephano • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAAX2051980