1592 Moorings Dr APT 22B, Reston, VA, 20190 | $1,284/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1592 Moorings Dr APT 22B, Reston, VA, 20190 | $1,284/mo Cash Flow | Ziffy

For Sale

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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 Reston at 1592 Moorings Dr APT 22B, Reston, VA, 20190 generates $3,433/mo in rent and, after a $1,760/mo payment, leaves $1,284/mo in cash flow. Total monthly income is $3,433/mo, and annual cash flow is $15,402/yr on $119,174 invested. Return on cash invested sits at 32.83% in year one, and rental yield is 11.46% on a $359,500 entry. Equity gained on principal adds $2,320/yr, while 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 171.88% and total cumulative return in cash sums $204,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,433/mo property income rather than buyer’s personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Come home to quiet community of Lakeview and you'll be able to enjoy all of the amenities of Lake Anne as well as greater Reston. This condo is on the top floor so you'll never have to worry about noise from upstairs. The kitchen was remodeled in 2022 and features gas cooking, stainless steel appliances, light gray cabinets & quartz countertops. Also in 2022, the condo was completely repainted, luxury vinyl flooring was installed throughout, new bathroom cabinets & new hallway lighting were installed. You'll love the tall windows and open floor plan. This home has 2 outdoor living spaces with covered balconies off of the dining room and the primary bedroom. Enjoy lake views in the winter. There is a large hall closet for storage as well as a spacious linen closet. Recent updates: dishwasher, microwave, stackable washer & dryer 2022.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20190, Reston, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,925 (100%)
Owner Occupied HU	5,243 (40.6%)
Renter Occupied HU	6,438 (49.8%)
Vacant Housing Units	1,244 ( 9.6%)
Median Home Value	$712,052
Average Home Value	$841,593