118 Fort Evans Rd SE APT C, Leesburg, VA, 20175 | $740/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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118 Fort Evans Rd SE APT C, Leesburg, VA, 20175 | $740/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 Leesburg at 118 Fort Evans Rd SE APT C, Leesburg, VA, 20175 listed at $369,900 pairs $2,951/mo rent with a $1,810/mo payment to leave $740/mo cash flow. Total monthly income runs $2,951/mo, and annual cash flow reaches $8,883/yr on $122,622 cash to close. Return on cash invested measures 27.15% in year one, and rental yield registers 9.57% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 141.43% and total cumulative return in cash totals $173,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,951/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

GORGEOUS 3 BEDROOM 2 BATH CONDO IN SOUGHT AFTER FOX CHAPEL COMMUNITY - REMODELED UNIT WITH NEW QUARTZ COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, NEW SINK & DISPOSAL - ALL NEW LUXURY VINYL FLOORING THROUGHOUT UNIT - UPDATED BATHROOMS WITH NEW VANITIES, FAUCETS, MIRRORS & TOILETS - NEW LIGHTING FIXTURES THROUGHOUT - FRESHLY PAINTED THROUGHOUT - ENCLOSED SUNROOM OFF OF LIVING ROOM - CONDO FEE INCLUDES WATER, SEWER, POOL, CLUBHOUSE, PARKING, EXTERIOR MAINTENANCE

Neighborhood Data

Neighborhood data shown for ZIP Code: 20175, Leesburg, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,951 (100%)
Owner Occupied HU	9,959 (76.9%)
Renter Occupied HU	2,651 (20.5%)
Vacant Housing Units	341 ( 2.6%)
Median Home Value	$800,435
Average Home Value	$881,511