2300 Pimmit Dr APT 1012, Falls Church, VA, 22043 | $972/mo Cash Flow

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2300 Pimmit Dr APT 1012, Falls Church, VA, 22043 | $972/mo Cash Flow | Ziffy

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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 Falls Church at 2300 Pimmit Dr APT 1012, Falls Church, VA, 22043 offers a 12.25% rental yield on a $230,000 purchase with $2,347/mo rent. Total monthly income registers $2,347/mo, and a $1,126/mo payment leaves $972/mo available for distribution. Annual cash flow reaches $11,662/yr on $76,245 to close, and return on cash invested stands at 35.2% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 184.58% and total cumulative return in cash at $140,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,347/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2300 Pimmit Dr #1012, where comfort, convenience, and lifestyle meet! This sun-filled condo is perched on the 10th floor, offering sweeping views through its large windows that fill the home with natural light and a sense of calm. Imagine waking up to tranquil vistas and enjoying evenings surrounded by quiet neighbors in a secure, well-maintained building with 24-hour concierge service for peace of mind. The location truly cant be beatnestled just minutes from I-495 and I-66, with the West Falls Church Metro less than a mile away, commuting and exploring the area is effortless. Everyday errands are a breeze with Whole Foods, Trader Joes, and more just around the corner. Inside, youll appreciate the convenience of your own washer/dryer, along with extra storage in the basement. The condo fee includes all utilities, adding simplicity and value to your monthly living. Outside your door, resort-style amenities awaitan Olympic-sized pool, tennis and basketball courts, BBQ area, and morecreating the perfect balance of relaxation and recreation. This home offers the lifestyle youve been searching for, in a prime Falls Church location where everything you need is right at your fingertips.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22043, Falls Church, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,770 (100%)
Owner Occupied HU	5,794 (59.3%)
Renter Occupied HU	3,492 (35.7%)
Vacant Housing Units	484 ( 5.0%)
Median Home Value	$1,022,596
Average Home Value	$1,108,320