8413 Credos Ct #14AlexandriaVA22309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8413 Credos Ct #14, Alexandria, VA, 22309 offers a 10.95% rental yield on a $249,999 purchase with $2,281/mo rent. Total monthly income registers $2,281/mo, and a $1,224/mo payment leaves $786/mo available for distribution. Annual cash flow reaches $9,434/yr on $82,875 to close, and return on cash invested stands at 31.29% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 163.65% and total cumulative return in cash at $135,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,281/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tez Green • Nesbitt Realty
Mls Name: Bright MLS
Mls ID: #VAFX2266256