








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 6944 Ellingham Cir UNIT A, Alexandria, VA, 22315 offers a 9.59% rental yield on a $399,950 purchase with $3,197/mo rent. Total monthly income registers $3,197/mo, and a $1,958/mo payment leaves $806/mo available for distribution. Annual cash flow reaches $9,669/yr on $132,583 to close, and return on cash invested stands at 27.2% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,499 over five years. Portfolio math shows five-year ROI at 141.68% and total cumulative return in cash at $187,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,197/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22315, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,535 (100%) |
| Owner Occupied HU | 8,245 (71.5%) |
| Renter Occupied HU | 2,855 (24.8%) |
| Vacant Housing Units | 435 ( 3.8%) |
| Median Home Value | $715,514 |
| Average Home Value | $779,188 |
Residential
11,467
Single Family
10,178
Multi-Family
1,289
Businesses
422
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: Cindy Schneider • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #VAFX2281868