6469 2nd StAlexandriaVA22312
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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 6469 2nd St, Alexandria, VA, 22312 generates $3,802/mo in rent, after a $6,608/mo payment. Total monthly income is $3,802/mo. Return on cash invested sits at 8.66% in year one, and rental yield is 3.38% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 42.14% and total cumulative return in cash sums $184,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,802/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
3,953 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22312, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,596 (100%) |
| Owner Occupied HU | 5,947 (51.3%) |
| Renter Occupied HU | 5,120 (44.2%) |
| Vacant Housing Units | 529 ( 4.6%) |
| Median Home Value | $680,650 |
| Average Home Value | $777,590 |
Housing Distribution
Address Breakdown
Residential
11,837
Single Family
6,511
Multi-Family
5,326
Businesses
889
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Listed by: Michelle Doherty • RLAH @properties
Mls Name: Bright MLS
Mls ID: #VAFX2275276