2907 Charing Cross Rd APT 14, Falls Church, VA, 22042 | $215/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2907 Charing Cross Rd APT 14, Falls Church, VA, 22042 | $215/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

Rental property for sale in Falls Church at 2907 Charing Cross Rd APT 14, Falls Church, VA, 22042 generates $1,500/mo in rent and, after a $1,052/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $2,581/yr on $71,273 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 8.37% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 122.03% and total cumulative return in cash sums $86,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Move right into this updated 1 bedroom, 1 bath condo with private balcony at Yorktown Square in Falls Church! TOP LEVEL unit. Welcome home to gleaming hardwood floors and brand new recessed lighting in the living room followed by a dining room with sliding glass doors that open to a private balcony. Enjoy a sparkling kitchen with granite counters and stainless steel appliances. With a surprising amount of storage space and lots of parking, this unit is perfectly located with easy access to I-495 Route 50 and moments to Mosaic shops, dining and entertainment! 1 mile to Dunn Loring Metro! Condo fees include the following utilities: Gas, Electric, Water and Sewer! Unit is AWAY from 495 so you don't have road noise like many other units do.

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