8384 Brockham Dr UNIT 29/84KAlexandriaVA22309
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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 8384 Brockham Dr UNIT 29/84K, Alexandria, VA, 22309 uses $72,930 cash to close to unlock $1,844/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $1,077/mo payment keeps the spread at $154/mo. Purchase price stands at $220,000, and rental yield measures 8.01% with $1,469/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 116.15% and total cumulative return in cash records $84,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22309, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,839 (100%) |
| Owner Occupied HU | 7,561 (63.9%) |
| Renter Occupied HU | 3,721 (31.4%) |
| Vacant Housing Units | 557 ( 4.7%) |
| Median Home Value | $650,103 |
| Average Home Value | $734,196 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
10,066
Multi-Family
1,602
Businesses
509
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Listed by: Jennifer Fortson • Charis Realty Group
Mls Name: Bright MLS
Mls ID: #VAFX2282836