








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 509 N Armistead St APT 103, Alexandria, VA, 22312 earns $817/mo cash flow from $2,849/mo rent with a $1,664/mo payment. Total monthly income totals $2,849/mo, and annual cash flow totals $9,800/yr on $112,710 capital. ROI tracks 28.6% on current figures, and rental yield reads 10.06% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 149.2% and total cumulative return in cash sums $168,162. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,849/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: mazin abdelhameid • Pearson Smith Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAAX2052060