6622 E Wakefield Dr APT B1AlexandriaVA22307
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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 6622 E Wakefield Dr APT B1, Alexandria, VA, 22307 earns $673/mo cash flow from $2,520/mo rent with a $1,512/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $8,079/yr on $102,434 capital. ROI tracks 27.8% on current figures, and rental yield reads 9.79% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 144.88% and total cumulative return in cash sums $148,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
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: Marcus White • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAFX2285012