6109 Wigmore Ln UNIT A, Alexandria, VA, 22315 | $620/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6109 Wigmore Ln UNIT A, Alexandria, VA, 22315 | $620/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 6109 Wigmore Ln UNIT A, Alexandria, VA, 22315 uses $140,888 cash to close to unlock $7,435/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $3,160/mo, and a $2,080/mo payment keeps the spread at $620/mo. Purchase price stands at $425,000, and rental yield measures 8.92% with $3,160/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 130.87% and total cumulative return in cash records $184,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,160/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Condo

Built in 1993

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming Ground-Level Garden Home in Stratford Place at Kingstowne Nestled in the serene Stratford Place at Kingstowne community, this beautifully updated 2-bedroom, 2-bathroom garden-style condo offers the perfect blend of comfort, style, and convenience. Renovated in 2021, this home welcomes you with warm wood floors, abundant natural light, and a thoughtfully designed layout. The spacious kitchen features granite countertops, stainless steel appliancesincluding a gas range, built-in microwave, and refrigerator with icemakerplus an eat-at counter and breakfast space, ideal for casual meals. The inviting living room, anchored by a cozy gas fireplace, features large glass patio doors that flood the space with natural light and frame serene views of the lush trees and woodsan ideal setting for entertaining company or relaxing evenings. The primary suite is a true retreat, complete with a walk-in closet and sweeping views of trees and green space. The primary bathroom features a double vanity, luxurious soaking tub, and separate stall shower. The second bedroom has an expansive closet and direct access to the second full bathroom. A convenient in-unit laundry with high-end front-loading washer and dryer makes daily life even easier. Step outside to your private fenced patio, backing to green space, lush trees and woodsa perfect spot for entertaining or unwinding. There are very few units with this extended feature and seldom come available. Enjoy the community's extensive amenities, including Private Stratford Place pool + access to all Kingstowne amenities (tennis, fitness centers, an outdoor pool, tennis and pickleball courts, and walking paths, perfect for an active lifestyle. The clubhouse and recreation facilities foster a sense of community, while the nearby lake offers a picturesque setting for leisurely afternoons. Conveniently located in a suburban area yet easily accessible to commuter routes, this home provides easy access to local shopping, dining, and recreational opportunities. Experience the exclusive lifestyle that this remarkable property offers, where luxury meets comfort in a peaceful setting. Whether you're entertaining friends or enjoying a quiet evening at home, this move-in ready residence is designed to elevate your everyday living in one of Kingstowne's most desirable communities. Don't delay ... this one will go quickly.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22315, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,535 (100%)
Owner Occupied HU	8,245 (71.5%)
Renter Occupied HU	2,855 (24.8%)
Vacant Housing Units	435 ( 3.8%)
Median Home Value	$715,514
Average Home Value	$779,188