6610 E Wakefield Dr APT B2AlexandriaVA22307
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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
Investment property for sale in Alexandria at 6610 E Wakefield Dr APT B2, Alexandria, VA, 22307 listed at $327,000 pairs $2,760/mo rent with a $1,601/mo payment to leave $805/mo cash flow. Total monthly income runs $2,760/mo, and annual cash flow reaches $9,657/yr on $108,401 cash to close. Return on cash invested measures 28.82% in year one, and rental yield registers 10.13% at a $327,000 basis. Equity gained on principal adds $2,110/yr, and annual property appreciation at 5% supports $90,344 by year five. Five-year ROI tracks 150.35% and total cumulative return in cash totals $162,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $1,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,688
Single Family
3,127
Multi-Family
1,561
Businesses
190
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Listed by: Lyssa Seward • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #VAFX2260586