6612 Netties Ln #26LAlexandriaVA22315
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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 6612 Netties Ln #26L, Alexandria, VA, 22315 offers a 8.49% rental yield on a $415,000 purchase with $2,935/mo rent. Total monthly income registers $2,935/mo, and a $2,031/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,453/yr on $137,573 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 123.83% and total cumulative return in cash at $170,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,935/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22315, Alexandria, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,467
Single Family
10,178
Multi-Family
1,289
Businesses
422
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Listed by: Melissa Green • Compass
Mls Name: Bright MLS
Mls ID: #VAFX2281480