7508 Ashby Ln UNIT KAlexandriaVA22315
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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
Investment property for sale in Alexandria at 7508 Ashby Ln UNIT K, Alexandria, VA, 22315 earns $657/mo cash flow from $3,197/mo rent with a $2,080/mo payment. Total monthly income totals $3,197/mo, and annual cash flow totals $7,879/yr on $140,888 capital. ROI tracks 25.5% on current figures, and rental yield reads 9.03% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 132.57% and total cumulative return in cash sums $186,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,197/mo property income instead of your personal income.
Condo
Built in 1989
N/A 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: Jodi Bentley • Compass
Mls Name: Bright MLS
Mls ID: #VAFX2269440