1515 Lincoln Way #303, McLean, VA, 22102 | $1,097/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1515 Lincoln Way #303, McLean, VA, 22102 | $1,097/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
689 sft

1650 Silver Hill Dr #1205, McLean, VA, 22102

3 Bed
2 Bath
1377 sft

7438 Emerald Dr, Manassas, VA, 20109

3 Bed
3 Bath
1442 sft

11048 Sentry Ridge Rd, Manassas, VA, 20109

1 Bed
1 Bath
992 sft

8350 Greensboro Dr APT 123, Mc Lean, VA, 22102

Nearby investment properties with comparable prices

Investment Property+ 1 more

2 Bed
2 Bath
754 sft

8657 Braxted Ln, Manassas, VA, 20110

2 Bed
2 Bath
1335 sft

10421 Paradise Ct, Manassas, VA, 20109

2 Bed
3 Bath
1245 sft

8128 Bayonet Way APT 203, Manassas, VA, 20109

2 Bed
1 Bath
1054 sft

14421 Cool Oak Ln, Centreville, VA, 20121

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in McLean at 1515 Lincoln Way #303, McLean, VA, 22102 earns $1,097/mo cash flow from $2,890/mo rent with a $1,468/mo payment. Total monthly income totals $2,890/mo, and annual cash flow totals $13,165/yr on $99,417 capital. ROI tracks 33.15% on current figures, and rental yield reads 11.56% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 173.61% and total cumulative return in cash sums $172,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,890/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Coming Soon Active This Thursday, Welcome to your next home, Newly and Beautifully Renovated Top Floor Penthouse Unit featuring delightful spaces with many Upgrades throughout the entire home! Rare High Ceilings and Cathedral Ceilings, Cozy Fireplace, Large Windows, Covered Balcony with Amazing View of Nature, Rare! Two parking spaces! Newer Kitchen, Backsplash, and Gorgeous High-end Granite Countertop, Must See! This Kitchen is open to the dining area and living room with a Big Window and Garden Views. Spacious bedroom with a Walk-in Closet. Newer Large Bathroom with a Glass Shower Door, Beautiful Tiles, and a Newer Vanity. The Balcony View is Breathtaking and Peaceful, and it also comes with a Spacious Storage Room. Laundry Room off the kitchen, there is a Washer and Dryer. Newer Luxury Vinyl Floors throughout! This unit has one parking space (#83) and a second unassigned space. Come see this amazing unit located in the highly sought-after Fountains at McLean community, which has great amenities: swimming pool, fitness center, sauna, clubhouse, and on-site management. Super location minutes to Tysons mall, Boro, Toll road, and 2 Metro stations. You will enjoy living in this lovely community - Stop by the Open house on Sunday 1-3

Neighborhood Data

Neighborhood data shown for ZIP Code: 22102, Mc Lean, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,960 (100%)
Owner Occupied HU	6,124 (36.1%)
Renter Occupied HU	9,091 (53.6%)
Vacant Housing Units	1,745 (10.3%)
Median Home Value	$1,015,271
Average Home Value	$1,112,589