8403 Alameda Ct #58AlexandriaVA22309
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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 8403 Alameda Ct #58, Alexandria, VA, 22309 uses $94,444 cash to close to unlock $6,328/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,394/mo payment keeps the spread at $527/mo. Purchase price stands at $284,900, and rental yield measures 9.39% with $2,230/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 138.52% and total cumulative return in cash records $130,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Condo
Built in 1972
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: Luigi Gomez • RE/MAX One Solutions
Mls Name: Bright MLS
Mls ID: #VAFX2280698