2908 Kings Chapel Rd #3/10, Falls Church, VA, 22042 | $270/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2908 Kings Chapel Rd #3/10, Falls Church, VA, 22042 | $270/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 2908 Kings Chapel Rd #3/10, Falls Church, VA, 22042 generates $1,914/mo in rent and, after a $1,346/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,914/mo, and annual cash flow is $3,241/yr on $91,163 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.35% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 121.67% and total cumulative return in cash sums $110,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/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

This bright and comfortable 2-bedroom, 1-bath condo offers the perfect blend of convenience and coziness. The updated kitchen features modern appliances, including a dishwasher and disposal, with plenty of storage and counter space for everyday cooking. The bathroom is well-maintained and thoughtfully designed for comfort and functionality. Enjoy your morning coffee on the private balcony or relax in the spacious living area filled with natural light. Around the corner, youll find the Mosaic District, grocery stores, and great restaurantsall just minutes away. Commuting is effortless with the Metro less than a mile from your door and easy access to Tysons, I-495, Route 50, and I-66. Residents enjoy beautifully maintained grounds, extra storage, and amenities such as a community pool and basketball courts. The condo fee conveniently covers all utilitieselectric, gas, and waterplus lawn maintenance, offering a low-maintenance lifestyle in an unbeatable location. Dont miss the opportunity to make this charming condo yours. Schedule a showing today!

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