6300 Stevenson Ave APT 312AlexandriaVA22304
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 6300 Stevenson Ave APT 312, Alexandria, VA, 22304 earns $985/mo cash flow from $2,689/mo rent with a $1,395/mo payment. Total monthly income totals $2,689/mo, and annual cash flow totals $11,823/yr on $94,478 capital. ROI tracks 32.42% on current figures, and rental yield reads 11.32% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 169.71% and total cumulative return in cash sums $160,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,689/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,314 (100%) |
| Owner Occupied HU | 9,329 (38.4%) |
| Renter Occupied HU | 13,537 (55.7%) |
| Vacant Housing Units | 1,448 ( 6.0%) |
| Median Home Value | $544,734 |
| Average Home Value | $667,328 |
Housing Distribution
Address Breakdown
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hassan Naeem • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAAX2053758