6613 E Wakefield Dr APT A1, Alexandria, VA, 22307 | $584/mo Cash Flow

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6613 E Wakefield Dr APT A1, Alexandria, VA, 22307 | $584/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 6613 E Wakefield Dr APT A1, Alexandria, VA, 22307 uses $120,666 cash to close to unlock $7,004/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,782/mo payment keeps the spread at $584/mo. Purchase price stands at $364,000, and rental yield measures 9.1% with $2,760/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash records $161,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,782/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

This light-filled 2-bedroom, 1-bath home combines ageless charm with thoughtful updates. The standout kitchen renovation opened the space and features custom maple cabinetry to the ceiling with half-inch shelving, granite countertops, new stove and microwave, and a convenient breakfast bar. Additional custom maple cabinetry with granite top provides extra storage and creates a seamless divider between the kitchen and dining area perfect for both entertaining and everyday living. The gorgeously remodeled bathroom adds modern style, with marble hex tile, an automatic vent fan with timer options, and a mirrored oversize medicine cabinet. The home has a new electrical panel and kitchen exhaust fan, as well as a patio storm door with a retractable invisible screen and luxury flooring throughout. The home is recently painted and ready for your decorating touches! Step outside to your private porch overlooking a quiet courtyard with beautiful flowering trees the perfect spot for morning coffee or evening relaxation. This boutique building is especially desirable with only 4 units (versus the typical 6), offering more privacy and peace and quiet. Even better, laundry and your personal storage unit are located right in the building a convenience not every Belle View building offers. Community amenities are second to none: a sparkling pool, tennis and basketball courts, picnic areas, playgrounds, lush green space, and ample free parking. The condo fee also covers gas, water, trash, and landscaping. Belle View is pet-friendly and ideally located just steps to the Mount Vernon Trail, Belle Haven Marina, Dyke Marsh Wildlife Preserve, the newly remodeled Mount Vernon Recreation Center and Belle View Shopping Center with grocery, coffee, dining, and daily conveniences. Commuting is a breeze with quick access to Old Town Alexandria (you could even walk!), National Harbor, Fort Belvoir, the Pentagon, Amazon HQ2, and downtown D.C. Options abound with nearby Huntington Metro, express bus service, and the scenic George Washington Parkway. Many residents bike commute to work. 6613 E. Wakefield Drive, Unit A1 offers the perfect combination of style, comfort, community, and location. Rarely available and move-in ready -Welcome home!

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

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6701 W Wakefield Dr APT A2, Alexandria, VA, 22307

3 Bed
4 Bath
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7713 Shootingstar Dr, Springfield, VA, 22152

3 Bed
4 Bath
1804 sft

7227 Gentian Ct, Springfield, VA, 22152

3 Bed
3 Bath
1280 sft

6918 Randolph Macon Dr, Alexandria, VA, 22307

Nearby investment properties with comparable prices

3 Bed
2 Bath
1450 sft

2143 Gunsmith Ter, Woodbridge, VA, 22191

3 Bed
2 Bath
1216 sft

4659 Charlton Ct, Woodbridge, VA, 22193

2 Bed
2 Bath
990 sft

9278 Cardinal Forest Ln UNIT 301, Lorton, VA, 22079

3 Bed
3 Bath
1331 sft

5160 Miller Hill Rd, La Plata, MD, 20646

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1950
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: General Common Elements, Surface, Unassigned, On Street, Parking Lot

Location

City: Alexandria
State: VA
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Lyssa Seward • TTR Sotheby's International Realty

Mls Name: Bright MLS

Mls ID: #VAFX2269760

6613 E Wakefield Dr APT A1,Alexandria,VA,22307

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

6613 E Wakefield Dr APT A1AlexandriaVA22307