713 Norfolk LnAlexandriaVA22314
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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
Rental property for sale in Alexandria at 713 Norfolk Ln, Alexandria, VA, 22314 priced at $953,100 pairs $3,360/mo rent with after a $4,665/mo payment. Total monthly income equals $3,360/mo. Return on cash invested is 11.11% in year one, and rental yield stands at 4.23% on a $953,100 basis. Equity gained on principal adds $6,150/yr, and 5% annual appreciation accumulates to $263,324 by year five. Five-year ROI measures 55.37% and total cumulative return in cash reaches $173,631. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $4,665/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22314, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,331 (100%) |
| Owner Occupied HU | 9,049 (37.2%) |
| Renter Occupied HU | 12,678 (52.1%) |
| Vacant Housing Units | 2,604 (10.7%) |
| Median Home Value | $961,850 |
| Average Home Value | $1,048,390 |
Housing Distribution
Address Breakdown
Residential
23,746
Single Family
8,902
Multi-Family
14,844
Businesses
2,873
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A