2311 Pimmit Dr APT 808, Falls Church, VA, 22043 | $257/mo Cash Flow

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2311 Pimmit Dr APT 808, Falls Church, VA, 22043 | $257/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 808, Falls Church, VA, 22043 offers a 8.21% rental yield on a $298,000 purchase with $2,039/mo rent. Total monthly income registers $2,039/mo, and a $1,459/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,086/yr on $98,787 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,332 over five years. Portfolio math shows five-year ROI at 119.36% and total cumulative return in cash at $117,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,039/mo property income against a $1,459/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

Selling As Is , By Owner BR/2BA Condo (all utilities included in HOA) Appliances Included: Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Electric Water Heater Laundry: In Unit storage at main lower level location: in Falls Church Location Near Tysons Corner. (2 miles to tysons corner Mall)

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