801 N Pitt St APT 401, Alexandria, VA, 22314 | $250/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 401, Alexandria, VA, 22314 | $250/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 401, Alexandria, VA, 22314 earns $250/mo cash flow from $1,559/mo rent with a $1,072/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $2,997/yr on $72,599 capital. ROI tracks 24.04% on current figures, and rental yield reads 8.54% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 124.71% and total cumulative return in cash sums $90,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful and bright studio with an open floor plan featuring a modern kitchen with new granite counters and gas cooking. Enjoy abundant storage with a spacious 9 walk-in closet with custom shelving, a fully updated bathroom, and the convenience of all utilities included in the low monthly condo fee. This secure, pet-friendly building offers a welcoming front desk a stylish lobby lounge, and access to a rooftop terrace with stunning views. Open garage parking is available, and the community is investor-friendly perfect for both homeowners and landlords. Ideally located just 1 blocks from the Potomac River, youll have easy access to parks, running and biking trails, and an incredible selection of nearby restaurants, shops, Harris Teeter, and Trader Joes. Plus, youre within walking distance to Braddock Metro, making commuting a breeze. Whether youre searching for your next home or a smart investment, this well-appointed studio combines comfort, convenience, and an unbeatable location.

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