6223 Summit Point CtAlexandriaVA22310
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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
Investment Highlights
Rental property for sale in Alexandria at 6223 Summit Point Ct, Alexandria, VA, 22310 generates $4,802/mo in rent and, after a $3,891/mo payment, leaves $50/mo in cash flow. Total monthly income is $4,802/mo, and annual cash flow is $597/yr on $261,555 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 7.25% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 104.56% and total cumulative return in cash sums $273,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,802/mo property income rather than buyer’s personal income.
Townhouse
Built in 2012
1,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22310, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,649 (100%) |
| Owner Occupied HU | 8,175 (70.2%) |
| Renter Occupied HU | 3,006 (25.8%) |
| Vacant Housing Units | 468 ( 4.0%) |
| Median Home Value | $726,600 |
| Average Home Value | $802,287 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,055
Multi-Family
956
Businesses
728
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Listed by: Hunter Lang • Serhant
Mls Name: Bright MLS
Mls ID: #VAFX2286026