7460 Cross Gate LnAlexandriaVA22315
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Nearby investment properties with comparable prices
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
Investment property for sale in Alexandria at 7460 Cross Gate Ln, Alexandria, VA, 22315 offers a 5.65% rental yield on a $987,500 purchase with $4,646/mo rent. 42% in year one. Equity gained on principal adds $6,372/yr while 5% annual appreciation supports $272,828 over five years. Portfolio math shows five-year ROI at 78.45% and total cumulative return in cash at $254,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,646/mo property income against a $4,833/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22315, Alexandria, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,467
Single Family
10,178
Multi-Family
1,289
Businesses
422
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Listed by: Deliea Roebuck • Pearson Smith Realty LLC
Mls Name: Bright MLS
Mls ID: #VAFX2263292