2909 Charing Cross Rd APT 6Falls ChurchVA22042
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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
Investment property for sale in Falls Church at 2909 Charing Cross Rd APT 6, Falls Church, VA, 22042 offers a 9.01% rental yield on a $190,000 purchase with $1,427/mo rent. Total monthly income registers $1,427/mo, and a $930/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,494/yr on $62,985 to close, and return on cash invested stands at 25.46% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 132.39% and total cumulative return in cash at $83,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,427/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,085
Multi-Family
3,585
Businesses
830
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Listed by: Jumei Zhang • Signature Home Realty LLC
Mls Name: Bright MLS
Mls ID: #VAFX2278700