2311 Pimmit Dr APT 603, Falls Church, VA, 22043 | $238/mo Cash Flow

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2311 Pimmit Dr APT 603, Falls Church, VA, 22043 | $238/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 Falls Church at 2311 Pimmit Dr APT 603, Falls Church, VA, 22043 uses $71,273 cash to close to unlock $2,857/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,523/mo, and a $1,052/mo payment keeps the spread at $238/mo. Purchase price stands at $215,000, and rental yield measures 8.5% with $1,523/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash records $88,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,523/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Idylwood Towers A Home That Has It All! If youre looking for a home that combines convenience, comfort, and community, youve found it. Perfectly located with easy access to DC, Arlington, Falls Church, and Tysons, Idylwood Towers is tucked into a central spot that makes daily life simple and stress-free. This inviting 1-bedroom, 1-bath condo where you can enjoy your morning coffee or on the private balcony with peaceful views of the pool and tree-filled courtyard. Youll also love the convenience of an in-unit washer/dryer and extra storage space. Life at Idylwood Towers comes with wonderful perks. The grounds are are very spacious and well maintained with a couple sitting Gazebos, mature trees and grassy spaces. Take advantage of the outdoor swimming pool, fitness rooms, playground, BBQ and picnic areas, and plenty of green space to enjoy. The building offers 24-hour concierge service, secure entry, on-site management, and reliable maintenance giving you peace of mind every day. And when it comes to daily errands, you cant beat the walkability. Trader Joes, Starbucks, Peets Coffee, and many restaurants and shops are just minutes away (Whole Foods). Even better, your condo fee covers all utilities for truly worry-free living. Idylwood Towers is more than just a home its a welcoming community in the perfect location.

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