6625 10th St UNIT C2, Alexandria, VA, 22307 | $416/mo Cash Flow

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6625 10th St UNIT C2, Alexandria, VA, 22307 | $416/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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 6625 10th St UNIT C2, Alexandria, VA, 22307 listed at $365,000 pairs $2,597/mo rent with a $1,786/mo payment to leave $416/mo cash flow. Total monthly income runs $2,597/mo, and annual cash flow reaches $4,987/yr on $120,998 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.54% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 124.67% and total cumulative return in cash totals $150,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,597/mo property income relative to a $1,786/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

More details about the property

Welcome to The Belle View Condominiums! This rarely available FULLY UPDATED 3-bedroom, 1-bath top-floor unit is a true gem, as three-bedroom homes in this community are hard to come by. Step inside to a bright, open layout featuring oversized windows and brand-new hardwood floors throughout. The updated kitchen is designed for both function and style with quartz countertops, a modern backsplash, white cabinetry, a center island with seating for two, and stainless steel appliances. The primary bedroom is exceptionally spacious, showcasing custom moldings, a new light fixture, and a large closet. Two additional bedrooms offer ample storage and flexibility to meet your lifestyle needs. Community Amenities: Outdoor pool, basketball courts, fenced storage unit (#C2 located in the basement), tennis courts, picnic areas, and a playground. Primely located near George Washington Mem Pkwy, Old Town Alexandria, parks, shops, fine dining, public transit and much more! See out attached Property Highlights Sheet for an extensive list of updates.

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