6300 Stevenson Ave APT 615, Alexandria, VA, 22304 | $1,051/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6300 Stevenson Ave APT 615, Alexandria, VA, 22304 | $1,051/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 6300 Stevenson Ave APT 615, Alexandria, VA, 22304 uses $106,080 cash to close to unlock $12,616/yr annual cash flow and $1,051/mo monthly cash flow. Total monthly income runs $2,964/mo, and a $1,566/mo payment keeps the spread at $1,051/mo. Purchase price stands at $320,000, and rental yield measures 11.12% with $2,964/mo rent. Return on cash invested shows 31.8% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 166.36% and total cumulative return in cash records $176,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $1,566/mo payment rather than investor’s personal income.

Condo

Built in 1980

N/A lot

$N/A/sqft

No HOA

More details about the property

Set above the treetops of Alexandria, this two-bedroom, two-bath residence offers a calm escape from the city while keeping you close to everything that matters. Inside, natural light floods the home through oversized windows, opening the space and framing serene views of the park and pool below. The open layout is designed for effortless living: a spacious living room connects seamlessly to a dining area and a thoughtfully updated kitchen featuring modern cabinetry, granite counters, stainless steel appliances, and under-cabinet lighting. Step outside onto your private balcony, where you can unwind with morning coffee or evening views of the sunset. Both bedrooms are generous in size, with the primary suite offering a re-tiled bath for a modern touch. Additional comforts include in-unit laundry, dedicated garage parking, and a condo fee that conveniently covers nearly all utilities,. Residents of the Olympus Condominium enjoy a host of amenities: a swimming pool, fitness center, concierge service, and extra storage available on a first-come basis. With easy access to Van Dorn Metro, Old Town, and Crystal City, this home offers the ideal blend of comfort, convenience, and community.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1980
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Covered, Garage Door Opener, Assigned, Detached, Off Site, Off Street

Location

City: Alexandria
State: VA
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Ashling McGowan • Corcoran McEnearney

Mls Name: Bright MLS

Mls ID: #VAAX2050508

6300 Stevenson Ave APT 615,Alexandria,VA,22304

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

6300 Stevenson Ave APT 615AlexandriaVA22304