828 Slaters Ln APT 203, Alexandria, VA, 22314 | 5.3% Rental Yield

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828 Slaters Ln APT 203, Alexandria, VA, 22314 | 5.3% Rental Yield | 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 828 Slaters Ln APT 203, Alexandria, VA, 22314 listed at $740,000 pairs $3,270/mo rent with a $3,622/mo payment. Total monthly income runs $3,270/mo. Return on cash invested measures 14.37% in year one, and rental yield registers 5.3% at a $740,000 basis. Equity gained on principal adds $4,775/yr, and annual property appreciation at 5% supports $204,448 by year five. Five-year ROI tracks 72.85% and total cumulative return in cash totals $177,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,270/mo property income relative to a $3,622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2002

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Your Old Town Dream Home Step into this sun-drenched, *rare* large corner unit in sought-after Old Town Crescent where charm, comfort, and convenience meet. This freshly painted, move-in ready residence has been meticulously updated and maintained, offering an effortless blend of classic elegance and modern living. *SEE 3D TOUR!* From the moment you enter, the gracious foyer and entry hall sets the tone, leading you to an airy open-concept living and dining room. Here, high ceilings, deep crown molding, and a gas fireplace framed by custom built-ins create an inviting space equally perfect for intimate evenings by the fire or lively gatherings with friends and family. The all white chefs kitchen is a culinary delight with new quartz countertops, stainless steel appliances, gas cooking, travertine flooring, and an abundance of cabinet space all bathed in natural light from the breakfast area. Your private retreat awaits in the expansive primary suite, complete with custom closets (including a walk-in) and a spa-inspired bath. Guests will love the beautifully updated second bath with quartz tile and modern fixtures. Need a home office? The second bedroom features a built-in desk, making remote work effortless. Throughout the home, wide-plank hickory hardwood floors, plantation shutters, and thoughtful details add warmth and sophistication. Garage parking includes on deeded space (#C33) plus an additional common space. HVAC (2025) Dont forget the rooftop deck a hidden gem with panoramic views of D.C., perfect for watching the 4th of July fireworks. And the location? Unbeatable. Stroll to Old Towns vibrant restaurants, boutique shops, the Braddock Metro and the Potomac Yard Metro. The Potomac River is just steps away, and with quick access to D.C. and Reagan National Airport, youre always connected while enjoying the best of Alexandria living. This is more than a home its a lifestyle. Come see why Old Town Crescent is one of the most desirable addresses in the city.

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