7996 Audubon Ave APT 102AlexandriaVA22306
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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 7996 Audubon Ave APT 102, Alexandria, VA, 22306 generates $1,863/mo in rent and, after a $1,346/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,863/mo, and annual cash flow is $2,629/yr on $91,163 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 8.13% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 118.09% and total cumulative return in cash sums $107,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,863/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,416
Single Family
6,729
Multi-Family
5,687
Businesses
638
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Listed by: Sonia Iqbal • KW Metro Center
Mls Name: Bright MLS
Mls ID: #VAFX2288624