12148 Garden Grove Cir UNIT 403, Fairfax, VA, 22030 | $699/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12148 Garden Grove Cir UNIT 403, Fairfax, VA, 22030 | $699/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

Rental property for sale in Fairfax at 12148 Garden Grove Cir UNIT 403, Fairfax, VA, 22030 generates $3,000/mo in rent and, after a $1,884/mo payment, leaves $699/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $8,387/yr on $127,627 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.35% on a $384,999 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 137.8% and total cumulative return in cash sums $175,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated, light-filled top-floor condo featuring 2 spacious bedrooms and 2 full baths! This freshly painted home offers an open-concept kitchen with new refrigerator, new microwave, recently upgraded cabinets, granite countertops, and stainless steel appliances. The bright living room with a cozy gas fireplace opens to a private balcony with peaceful wooded views. The primary suite includes a spa-style bath, large walk-in closet, and additional storage; the second bedroom also has a generous walk-in closet. Highlights include hardwood-style flooring, in-unit laundry, newer water heater 2020, and electronic keypad entry. Enjoy one assigned parking space plus plenty of guest parking in a secure, gated community with clubhouse, pool, and fitness center, ample street parking available near by. Fantastic location near Fairfax Corner, Fair Oaks Mall, Fair Lakes, and Wegmans!

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