1800 Old Meadow Rd APT 302, Mc Lean, VA, 22102 | $1,034/mo Cash Flow

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1800 Old Meadow Rd APT 302, Mc Lean, VA, 22102 | $1,034/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

Rental property for sale in Mc Lean at 1800 Old Meadow Rd APT 302, Mc Lean, VA, 22102 generates $3,874/mo in rent and, after a $2,325/mo payment, leaves $1,034/mo in cash flow. Total monthly income is $3,874/mo, and annual cash flow is $12,413/yr on $157,463 invested. Return on cash invested sits at 27.79% in year one, and rental yield is 9.79% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 144.85% and total cumulative return in cash sums $228,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,874/mo property income rather than buyer’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to resort living at its finest in this stunning condo located at 1800 Old Meadow Rd, McLean, VA. This light-filled gem offers 1,494 square feet of stylish and comfortable living space, featuring 2 spacious bedrooms and 2 beautifully renovated bathrooms. Step inside to a modern oasis with a renovated eat-in kitchen that boasts sleek stainless steel appliances and granite counter tops perfect for culinary enthusiasts. The open-concept layout seamlessly connects the living and dining areas, making it ideal for entertaining guests or enjoying cozy evenings at home. Relax and unwind on your private balcony, offering a tranquil escape with views of the professionally landscaped courtyard, with elegant outdoor seating and built-in barbecue grills. The building provides an array of amenities including 3 refreshing pools, a community room, library, valet service and a common plaza for outdoor enjoyment. Stay active and healthy with access to Onelife Fitness, a state-of-the-art gym with indoor & outdoor tennis courts.. This residence ensures convenience and peace of mind with features like assigned garage parking, security gate, security staff, and a 24 hours front desk service. Additional conveniences include in-unit washer and dryer, as well as plenty of storage solutions. All Utilities included in condo fees! Dream location! New bike/pedestrian bridge connects residents to Tysons Corner Mall- Silver Line Metro is around the corner Across the street you can enjoy the Capital One Center with everything it offers including The Hall theatre, The Perch, a variety of fine restaurants, the Mark hotel, Wegmans, and much more!! Perfectly positioned near major routes for easy commute to anywhere in the city and major airports. Experience the ultimate lifestyle of "Live-Work-Play" in a community that caters to your needs and desires. Dont miss the opportunity to make this exquisite condo your new home.

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