12128 Garden Ridge Ln UNIT 203FairfaxVA22030
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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 Fairfax at 12128 Garden Ridge Ln UNIT 203, Fairfax, VA, 22030 offers a 9.32% rental yield on a $320,000 purchase with $2,485/mo rent. Total monthly income registers $2,485/mo, and a $1,566/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,868/yr on $106,080 to close, and return on cash invested stands at 26.38% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 137.31% and total cumulative return in cash at $145,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,485/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22030, Fairfax, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 12,553 (55.9%) |
| Renter Occupied HU | 8,545 (38.0%) |
| Vacant Housing Units | 1,367 ( 6.1%) |
| Median Home Value | $752,536 |
| Average Home Value | $818,132 |
Housing Distribution
Address Breakdown
Residential
22,062
Single Family
15,400
Multi-Family
6,662
Businesses
2,324
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