1580 Spring Gate Dr UNIT 4216, Mc Lean, VA, 22102 | $253/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1580 Spring Gate Dr UNIT 4216, Mc Lean, VA, 22102 | $253/mo Cash Flow | Ziffy

For Sale

Currently Rented

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 Mc Lean at 1580 Spring Gate Dr UNIT 4216, Mc Lean, VA, 22102 listed at $345,000 pairs $2,316/mo rent with a $1,689/mo payment to leave $253/mo cash flow. Total monthly income runs $2,316/mo, and annual cash flow reaches $3,039/yr on $114,368 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.06% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 116.85% and total cumulative return in cash totals $133,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,316/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Apartment

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Location Location Location! Great investment opportunity! Tenant Occupied until end of 2026, unit features a spacious end-unit 1 Bedroom 1 Bath condo at the highly sought after Gate of McLean community. The unit is directly across from from the Capital One HQ, Wegmans, the Perch and so much more directly across the street from the community. Also, a across the street from the McLean Silver Line metro. Meticulously maintained, with an open and extremely functional floor plan for all of your daily needs. This unit is a truly special due to the spectacular tree filled courtyard view with no obstructions! The unit is sun-filled with a renovated kitchen appointed with granite counters, featuring plenty of cabinetry that provides ample cabinet space. The large open living room is perfect for all of your entertainment needs, with immediate access from the living room to your balcony, perfect for relaxing and enjoying Spring and Summertime meals. Renovated bathroom and a roomy bedroom offers a large walk-in closet! The community is gated with onsite management. The incredible luxury amenities in this complex include a high end club house, business center, fitness center, sauna, outdoor pool, hot tub, playground, basketball courts, grill area, EV charging areas, and fantastic friendly maintenance staff. Enjoy your free assigned garage parking space and plenty of guest passes. A commuters dream with super easy access to the beltway, 495, 66, Tysons, McLean Metro, restaurants, shopping and plenty more!

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