120 Prosperity Ave SE APT E, Leesburg, VA, 20175 | $621/mo Cash Flow

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120 Prosperity Ave SE APT E, Leesburg, VA, 20175 | $621/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 120 Prosperity Ave SE APT E, Leesburg, VA, 20175 listed at $339,000 pairs $2,647/mo rent with a $1,659/mo payment to leave $621/mo cash flow. Total monthly income runs $2,647/mo, and annual cash flow reaches $7,449/yr on $112,379 cash to close. Return on cash invested measures 26.54% in year one, and rental yield registers 9.37% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 138.12% and total cumulative return in cash totals $155,212. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,647/mo property income relative to a $1,659/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

Welcome to this rarely available upper-level condo in the sought-after Fox Chapel at Tudor Knolls! With nearly 1,000 square feet of bright, open living space, this 2-bedroom, 2-bath gem is full of charm and character. Soaring vaulted ceilings, skylights, a ceiling fan, and an abundance of windows fill the space with natural light, creating a warm and inviting atmosphere. You'll love cozying up by the wood-burning fireplace on cooler eveningsits the perfect focal point for the spacious living area. The open floorplan flows beautifully over rich laminate flooring, leading you into an oversized kitchen thats a dream for home cookscomplete with stainless steel appliances, upgraded countertops, white shaker-style cabinets, and tons of storage. There's even a bonus sunroom that's perfect for relaxing or working from home, plus an extra storage closet for all the extras. A full-size front-load washer and dryer make laundry day easy and convenient. The community itself is just minutes from vibrant downtown Leesburg, with its fantastic dining, shopping, and nightlife scene. Enjoy access to a large playground, walking trails, a community pool, and direct access to the W&OD trail. With major commuter routes and Dulles Airport nearby, this condo is as convenient as it is cozy. Come see it for yourselfyoure going to love living here!

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