2910 Kings Chapel Rd APT 5, Falls Church, VA, 22042 | $185/mo Cash Flow

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2910 Kings Chapel Rd APT 5, Falls Church, VA, 22042 | $185/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

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 2910 Kings Chapel Rd APT 5, Falls Church, VA, 22042 uses $89,174 cash to close to unlock $2,215/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $1,317/mo payment keeps the spread at $185/mo. Purchase price stands at $269,000, and rental yield measures 8% with $1,793/mo rent. Return on cash invested shows 22.39% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 115.92% and total cumulative return in cash records $103,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $1,317/mo payment rather than investor’s personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated ground-level condo offering effortless access directly from the parking lot. This move-in-ready home features updated flooring, new carpet, fresh paint throughout, a modern bathroom remodel, and new recessed lighting in the living room. The kitchen is equipped with a brand-new refrigerator, new microwave, dishwasher, and a gas stoveperfect for everyday cooking. An 85-inch Samsung TV also conveys with the home. The condo fee conveniently includes all utilities and water, and the building provides additional storage space in the basement. Ideally located just blocks from the Mosaic District and minutes from I-495 and Route 50, this home offers unbeatable accessibility to dining, shopping, and major commuter routes.

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