6509 Potomac Ave APT A2, Alexandria, VA, 22307 | $504/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6509 Potomac Ave APT A2, Alexandria, VA, 22307 | $504/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 6509 Potomac Ave APT A2, Alexandria, VA, 22307 uses $82,842 cash to close to unlock $6,051/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $1,223/mo payment keeps the spread at $504/mo. Purchase price stands at $249,900, and rental yield measures 9.59% with $1,998/mo rent. Return on cash invested shows 27.21% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 141.77% and total cumulative return in cash records $117,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Condo

Built in 1950

N/A lot

$N/A/sqft

No HOA

More details about the property

The Perfect Move-In Ready Condo in Belle View Has Arrived. Welcome to this stunner of a condo where timeless style meets modern updates. Featuring gorgeous original parquet floors and fantastic natural light, this 1-bedroom home is the turn-key opportunity you've been waiting for! The updated kitchen is equipped with plenty of cabinets for storage and stainless steel appliances, flowing seamlessly into the main living area. A beautifully updated black and white bathroom adds a sophisticated touch. The large primary bedroom is exceptionally spacious, boasting custom moldings and a large closet. With a updated kitchen and bath, replacement windows, and included storage unit, there is nothing left to do but move in and enjoy! Walk Everywhere: Less than a 5-minute walk to the shopping center (Safeway, Starbucks), community pool, library, and the incredible new Mt. Vernon Rec Center. Effortless Commute: Just minutes from Old Town Alexandria, minutes to Huntington Metro, and a quick drive to Washington D.C. Outdoor Recreation: Enjoy easy access to the GW bike path, Belle Haven Marina, and the beautiful green spaces of this pet-friendly community. Move-In Ready: Meticulously updated and maintained, ready for you to make it your own. This home offers a rare combination of style, convenience, and community. Dont let this opportunity slip away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22307, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,582 (100%)
Owner Occupied HU	3,415 (74.5%)
Renter Occupied HU	901 (19.7%)
Vacant Housing Units	266 ( 5.8%)
Median Home Value	$867,127
Average Home Value	$914,118