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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alexandria at 6300 Stevenson Ave APT 610, Alexandria, VA, 22304 listed at $315,000 pairs $2,892/mo rent with a $1,542/mo payment to leave $1,009/mo cash flow. Total monthly income runs $2,892/mo, and annual cash flow reaches $12,105/yr on $104,423 cash to close. Return on cash invested measures 31.5% in year one, and rental yield registers 11.02% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 164.73% and total cumulative return in cash totals $172,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,892/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.
| 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 |
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ashling McGowan • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAAX2050988
