801 N Pitt St APT 306, Alexandria, VA, 22314 | $253/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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801 N Pitt St APT 306, Alexandria, VA, 22314 | $253/mo Cash Flow | 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

Investment property for sale in Alexandria at 801 N Pitt St APT 306, Alexandria, VA, 22314 uses $72,897 cash to close to unlock $3,033/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,567/mo, and a $1,076/mo payment keeps the spread at $253/mo. Purchase price stands at $219,900, and rental yield measures 8.55% with $1,567/mo rent. Return on cash invested shows 24.07% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 124.88% and total cumulative return in cash records $91,036. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $1,076/mo payment rather than investor’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE: Sunday Sept 28th, 1-3pm Chic and modern, this studio condo is located in a highly desirable and community, just steps from grocery stores, restaurants, retail shops and Old Towne attractions. The unit features stainless steel appliances, a spacious walk-in closet, and large east-facing windows that flood the space with natural morning light. Custom blinds add a touch of privacy and sophistication. The community is investor-friendly and welcomes pets up to 20 lbs, making it a flexible option for both homeowners and landlords. Open parking is available in the garage, and residents can enjoy access to a rooftop terrace, a stylish lobby lounge, and concierge service. Whether you're looking for your next home or a smart investment, this well-located studio offers both comfort and convenience.

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