5902 Mount Eagle Dr APT 1410, Alexandria, VA, 22303 | $1/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5902 Mount Eagle Dr APT 1410, Alexandria, VA, 22303 | $1/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 5902 Mount Eagle Dr APT 1410, Alexandria, VA, 22303 listed at $529,900 pairs $3,169/mo rent with a $2,594/mo payment to leave $1/mo cash flow. Total monthly income runs $3,169/mo, and annual cash flow reaches $11/yr on $174,337 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 7.18% at a $529,900 basis. Equity gained on principal adds $3,419/yr, and annual property appreciation at 5% supports $146,402 by year five. Five-year ROI tracks 103.38% and total cumulative return in cash totals $180,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,169/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Much desired Type E unit with an oversized balcony featuring panoramic, serene, treed and river views. Don't let this one pass you by! Be home for the Holidays in this 2-bedroom, 2 bath unit on the 14th floor and enjoy fabulous panoramic views from the balcony, the kitchen and the guest room. The whole unit has been freshly painted in neutral colors. Enter through the tiled foyer which has a large coat closet and a separate closet for the washer and dryer. The foyer flows into the dining room that has a built-in display and then to the living room-with built-in bookcase. The living room opens into the huge balcony that's 21 ft long. The kitchen has marble floors and has been beautifully upgraded with textured tile backsplash, refinished Corian countertops and refinished custom cabinets. A shelf has been added under the kitchen window. Paired with a barstool, it's a great way to gaze at the marvelous view while on your cooking adventure. One garage parking space worth an extra 35k and a bonus storage room on parking level convey with the sale. An extra parking lot space plus plenty of visitors parking in this community. And it's a delightful, wonderful community that is Montebello. It's full of amenities in the Community Center itself and as you meander through the lush grounds. There's an indoor and outdoor pool, tennis and pickleball courts, a full restaurant and bar, fitness center, bowling alley, billiards, card and conference rooms among others and the Montebello market. Why not see for yourself? Close to Huntington Metro, Route 1 and major highways, National Harbor, Fort Belvoir.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22303, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,866 (100%)
Owner Occupied HU	3,451 (38.9%)
Renter Occupied HU	4,752 (53.6%)
Vacant Housing Units	663 ( 7.5%)
Median Home Value	$671,682
Average Home Value	$785,105