7409 Range Rd, Alexandria, VA, 22306 | 6.03% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7409 Range Rd, Alexandria, VA, 22306 | 6.03% Rental Yield | 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

Rental property for sale in Alexandria at 7409 Range Rd, Alexandria, VA, 22306 generates $4,522/mo in rent, after a $4,405/mo payment. Total monthly income is $4,522/mo. Return on cash invested sits at 16.58% in year one, and rental yield is 6.03% on a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 84.7% and total cumulative return in cash sums $250,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,522/mo property income rather than buyer’s personal income.

Single Family

Built in 1969

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss your chance to make this dream home yours - schedule a showing today and experience all that this property has to offer! Welcome to this stunning, completely renovated property in the heart of Alexandria! Step inside and be greeted by a large open floor plan on the main level, perfect for entertaining guests or simply relaxing with your loved ones. Kitchen with island seating makes meal times a breeze! The finished recreation room with a cozy fireplace is ideal for cozy nights in or hosting game nights with friends. This home boasts ample closet and storage space, ensuring that you have plenty of room for all of your belongings. Step outside onto the deck, where you can enjoy a glass of wine in the evening or a cup of coffee in the morning while taking in the peaceful surroundings. Located in a desirable area of Alexandria, this property offers the perfect blend of comfort and convenience. Renovations includes new HVAC, all new kitchen with SS appliances, New bathrooms, all hardwood Flooring, New Deck, New Paint and new indoor and exterior lighting

Neighborhood Data

Neighborhood data shown for ZIP Code: 22306, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,506 (100%)
Owner Occupied HU	5,961 (47.7%)
Renter Occupied HU	5,771 (46.1%)
Vacant Housing Units	774 ( 6.2%)
Median Home Value	$663,877
Average Home Value	$661,365