








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 7 Canterbury Sq APT 401, Alexandria, VA, 22304 with 5% annual appreciation on a $260,000 basis while $2,688/mo rent supports operations. Total monthly income totals $2,688/mo and a $1,273/mo payment preserves $332/mo for cash returns. Annual cash flow comes to $3,985/yr on $86,190 deployed, and return on cash invested reaches 24.53% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 12.41%. Five-year ROI measures 131.45% and total cumulative return in cash totals $113,297.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,688/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,314 (100%) |
| Owner Occupied HU | 9,329 (38.4%) |
| Renter Occupied HU | 13,537 (55.7%) |
| Vacant Housing Units | 1,448 ( 6.0%) |
| Median Home Value | $544,734 |
| Average Home Value | $667,328 |
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $260,000 |
| 2025-09-01 | Contingent | $265,000 |
| 2025-08-19 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-01 | $2742.99 | 2.50% | $241,673 | 2.50% |
| 2024-11-01 | $2676.08 | 6.19% | $235,778 | 3.87% |
| 2023-11-01 | $2520.00 | 2.02% | $226,989 | 2.00% |



Listed by: Ana Rivas-Beck • Weichert, REALTORS
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAAX2045330
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