6 Ashby St APT D, Alexandria, VA, 22305 | $782/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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6 Ashby St APT D, Alexandria, VA, 22305 | $782/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

Rental property for sale in Alexandria at 6 Ashby St APT D, Alexandria, VA, 22305 priced at $379,999 converts $3,054/mo rent into $782/mo cash flow after a $1,860/mo obligation. Total monthly income equals $3,054/mo, and annual cash flow totals $9,388/yr on $125,970 invested. Return on cash invested prints 27.36% in year one, and rental yield reads 9.64% against a $379,999 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 142.56% and total cumulative return in cash sums $179,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,054/mo property income covering a $1,860/mo payment, not borrower’s personal income.

Condo

Built in 1939

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 6 Ashby St Unit D a fully updated, light-filled home tucked away in a quiet neighborhood just a short stroll to the heart of Del Ray! This bright and stylish space boasts two dedicated parking spots and has been thoughtfully renovated throughout. Enjoy refinished hardwood floors, new windows, crown molding, and fresh paint in every room. The kitchen is a showstopper with all-new Whirlpool appliances, cabinetry, backsplash, and flooring. The bathroom has been beautifully redone with new tile, vanity, shower, toilet, wallpaper, and classic wainscoting. Both bedrooms feature redesigned closets and new doors for enhanced functionality and style. New lighting throughout, including overhead lighting in the living room, completes the modern upgrades. This is truly a turn-key home in one of the area's most walkable and charming communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22305, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,036 (100%)
Owner Occupied HU	2,650 (37.7%)
Renter Occupied HU	4,043 (57.5%)
Vacant Housing Units	343 ( 4.9%)
Median Home Value	$855,894
Average Home Value	$944,787