



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 6535 Grange Ln UNIT 202, Alexandria, VA, 22315 listed at $499,999 pairs $3,475/mo rent with a $2,447/mo payment to leave $486/mo cash flow. Total monthly income runs $3,475/mo, and annual cash flow reaches $5,836/yr on $165,750 cash to close. Return on cash invested measures 23.43% in year one, and rental yield registers 8.34% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 121.47% and total cumulative return in cash totals $201,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,475/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22315, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,535 (100%) |
| Owner Occupied HU | 8,245 (71.5%) |
| Renter Occupied HU | 2,855 (24.8%) |
| Vacant Housing Units | 435 ( 3.8%) |
| Median Home Value | $715,514 |
| Average Home Value | $779,188 |
Residential
11,467
Single Family
10,178
Multi-Family
1,289
Businesses
422
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: Staci Beach • M.O. Wilson Properties
Mls Name: Bright MLS
Mls ID: #VAFX2266280