2806 Lee Oaks Pl APT 202Falls ChurchVA22046
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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
Rental property for sale in Falls Church at 2806 Lee Oaks Pl APT 202, Falls Church, VA, 22046 generates $3,149/mo in rent and, after a $2,173/mo payment, leaves $495/mo in cash flow. Total monthly income is $3,149/mo, and annual cash flow is $5,941/yr on $147,153 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 8.51% on a $443,900 entry. Equity gained on principal adds $2,864/yr, while 5% annual appreciation builds toward $122,641 over five years. Five-year ROI reaches 124.24% and total cumulative return in cash sums $182,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,149/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22046, Falls Church, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,047 (100%) |
| Owner Occupied HU | 4,832 (60.0%) |
| Renter Occupied HU | 2,686 (33.4%) |
| Vacant Housing Units | 529 ( 6.6%) |
| Median Home Value | $1,064,820 |
| Average Home Value | $1,122,574 |
Housing Distribution
Address Breakdown
Residential
7,468
Single Family
4,721
Multi-Family
2,747
Businesses
906
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Listed by: Robin Cale • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAFX2282678