5607 Iona WayAlexandriaVA22312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5607 Iona Way, Alexandria, VA, 22312 listed at $619,000 pairs $3,509/mo rent with a $3,030/mo payment. Total monthly income runs $3,509/mo. Return on cash invested measures 18.93% in year one, and rental yield registers 6.8% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 97.3% and total cumulative return in cash totals $198,145. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,509/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22312, Alexandria, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,837
Single Family
6,511
Multi-Family
5,326
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Weusi Berry • Joint Command Realty LLC
Mls Name: Bright MLS
Mls ID: #VAFX2283518