2900 Kings Chapel Rd APT 1, Falls Church, VA, 22042 | $296/mo Cash Flow

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2900 Kings Chapel Rd APT 1, Falls Church, VA, 22042 | $296/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 2900 Kings Chapel Rd APT 1, Falls Church, VA, 22042 earns $296/mo cash flow from $1,999/mo rent with a $1,394/mo payment. Total monthly income totals $1,999/mo, and annual cash flow totals $3,556/yr on $94,444 capital. ROI tracks 23.67% on current figures, and rental yield reads 8.42% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 122.78% and total cumulative return in cash sums $115,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,999/mo property income instead of your personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful Deal ! *THIS IS A GIFT! GREAT PRICE ! Wonderful opportunity to own in great location! Ideally located near major routes (I-495, I-66, Route 50, and Route 29), near to DC, easy airport access, walk to shopping, restaurant, just minutes from the lively Mosaic District, 5 minute drive Metro access, walk to hospital- wonderful opportunity for health professionals, very safe community, spacious 3-bedroom well maintained move in ready, 2-full bath home features an open floor plan with vinyl plank flooring and recessed lighting in living room, walking closets, New fresh paint, New Refrigerator, new dishwasher, All utilities included in condo fee, Three parking permits, 1 guest parking, lots of visitors parking, a ground-level storage unit, sliding glass patio door has direct access to the parking as private access. 24 hours management service, back-up power system. Community amenities include a pool, BBQ/picnic area, basketball court, kids play ground, sidewalks.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22042, Falls Church, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,749 (100%)
Owner Occupied HU	7,489 (58.7%)
Renter Occupied HU	4,681 (36.7%)
Vacant Housing Units	579 ( 4.5%)
Median Home Value	$756,763
Average Home Value	$797,288