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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alexandria at 6641 Wakefield Dr APT 916, Alexandria, VA, 22307 uses $107,738 cash to close to unlock $11,579/yr annual cash flow and $965/mo monthly cash flow. Total monthly income runs $2,908/mo, and a $1,591/mo payment keeps the spread at $965/mo. Purchase price stands at $325,000, and rental yield measures 10.74% with $2,908/mo rent. Return on cash invested shows 30.66% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 160.19% and total cumulative return in cash records $172,585. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,908/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22307, Alexandria, VA area.
| 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 |
Residential
4,688
Single Family
3,127
Multi-Family
1,561
Businesses
190
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andrew Patton • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2257238
