6502 Greyledge CtAlexandriaVA22310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6502 Greyledge Ct, Alexandria, VA, 22310 in Alexandria. At $507,000 it earns $3,382/mo in rent and distributes $351/mo to the owner after the $2,280/mo payment, a consistent 8% yield. DSCR 1.48 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $140,075 in value; $4,670/yr in principal paydown compounds ownership stake. Total projected return: $214,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.5% |
| Monthly Cash Flow | $351 | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,382 |
| Total Monthly Debt Service | $2,829 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1978
1,480 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
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
Townhouse
Built in 1978
1,480 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bethany Stalder • KW Metro Center
Mls Name: Bright MLS
Mls ID: #VAFX2275054