2311 Pimmit Dr APT 105Falls ChurchVA22043
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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
Investment Highlights
Investment property for sale in Falls Church at 2311 Pimmit Dr APT 105, Falls Church, VA, 22043 offers a 8.37% rental yield on a $315,000 purchase with $2,197/mo rent. Total monthly income registers $2,197/mo, and a $1,542/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,765/yr on $104,423 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 121.9% and total cumulative return in cash at $127,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,197/mo property income against a $1,542/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
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 |
Housing Distribution
Address Breakdown
Residential
9,595
Single Family
6,685
Multi-Family
2,910
Businesses
336
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Listed by: Sara Tessel • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2285758