1591 Spring Gate Dr UNIT 3210, Mc Lean, VA, 22102 | $918/mo Cash Flow

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1591 Spring Gate Dr UNIT 3210, Mc Lean, VA, 22102 | $918/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

Investment property for sale in Mc Lean at 1591 Spring Gate Dr UNIT 3210, Mc Lean, VA, 22102 offers a 10.51% rental yield on a $330,000 purchase with $2,890/mo rent. Total monthly income registers $2,890/mo, and a $1,615/mo payment leaves $918/mo available for distribution. Annual cash flow reaches $11,010/yr on $109,395 to close, and return on cash invested stands at 29.97% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 156.54% and total cumulative return in cash at $171,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,890/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Gates of McLean! This freshly updated 1 bed / 1 bath condo offers both comfort and convenience in a secure gated community. Inside, youll find brand-new carpet and a kitchen with freshly painted cabinets, creating a bright and inviting space. Primary Bedroom has walk in closet. There is a large in home laundry room off the kitchen. And enjoy your own outdoor space on the deck which faces nature. The building features secure access, garage parking, and is ideally located just steps from the Capital One Center, Wegmans, and McLean Metro, and The Perch air park, with Tysons Corner and Tysons Galleria only moments away. Community amenities include an outdoor pool, clubhouse, fitness center, basketball court, walking path, dog run, and playground. With onsite staff during the week and unbeatable access to 495, 123, 267, and Route 7, commuting is a breeze whether heading into DC or across Northern Virginia. Dont miss this opportunity to own in one of McLeans most sought-after communities!

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