1570 Spring Gate Dr UNIT 7213Mc LeanVA22102
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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 Mc Lean at 1570 Spring Gate Dr UNIT 7213, Mc Lean, VA, 22102 listed at $490,000 pairs $2,958/mo rent with a $2,398/mo payment to leave $29/mo cash flow. Total monthly income runs $2,958/mo, and annual cash flow reaches $350/yr on $162,435 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 7.24% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 103.74% and total cumulative return in cash totals $168,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,958/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
4,398
Multi-Family
9,955
Businesses
1,682
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