6621 Wakefield Dr APT 910, Alexandria, VA, 22307 | $187/mo Cash Flow

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6621 Wakefield Dr APT 910, Alexandria, VA, 22307 | $187/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 6621 Wakefield Dr APT 910, Alexandria, VA, 22307 offers a 8.24% rental yield on a $210,000 purchase with $1,442/mo rent. Total monthly income registers $1,442/mo, and a $1,028/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,238/yr on $69,615 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 119.84% and total cumulative return in cash at $83,428. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,442/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

STUNNING VIEWS with this rarely available TOP FLOOR unit WITH BALCONY! Spacious balcony overlooks not only beautiful tall trees but the Dyke Marsh Wildlife Preserve and the Potomac River beyond the trees! The balcony provides a wonderful extension to the living space and gives a feeling of more square footage. There are fewer units with balconies at River Towers making this a truly coveted unit. AND with southern exposure, this home is filled with natural light offering a warm, cheerful and inviting home. Neutral carpet and paint and a spacious feel throughout. Lots of closets including a HUGE walk-in closet with beautiful custom cabinetry for storage. Condo is in good condition and is being offered AS IS. ********* River Towers offers easy living in an amenity-rich community that is nestled on 26 acres of treed parkland. Amenities include: Roof-top deck with gorgeous views, exercise room, club room, tennis courts, basketball court, swimming pool, picnic/grilling areas, garden plots, tot lot, canoe/kayak storage, plentiful unassigned parking and a secure building with on-site management. Condo fee includes ALL utilities: air conditioning, heating, water, electricity and gas. Walking distance to the Martha Washington Public Library, the West Grove Dog Park, and the brand new Mt Vernon Recreation Center. Bus service outside with short ride to Huntington Metro. Minutes to Old Town Alexandria and National Harbor. Blocks from the Potomac River and Mt Vernon bike trail. Don't miss out on this extra special unit that is rarely available!

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

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8424 Richmond Hwy APT 90, Alexandria, VA, 22309

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12650 Dara Dr APT T2, Woodbridge, VA, 22192

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1604 Renate Dr APT 104, Woodbridge, VA, 22192

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1963
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: Handicap Parking, Lighted, Paved, Free, Unassigned, 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: Maureen Feeney • KW Metro Center

Mls Name: Bright MLS

Mls ID: #VAFX2264882

6621 Wakefield Dr APT 910,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

6621 Wakefield Dr APT 910AlexandriaVA22307