3245 Rio Dr APT 108Falls ChurchVA22041
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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 3245 Rio Dr APT 108, Falls Church, VA, 22041 uses $84,533 cash to close to unlock $2,721/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $1,248/mo payment keeps the spread at $227/mo. Purchase price stands at $255,000, and rental yield measures 8.24% with $1,751/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash records $101,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22041, Falls Church, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,626 (100%) |
| Owner Occupied HU | 4,437 (41.8%) |
| Renter Occupied HU | 5,384 (50.7%) |
| Vacant Housing Units | 805 ( 7.6%) |
| Median Home Value | $675,999 |
| Average Home Value | $733,895 |
Housing Distribution
Address Breakdown
Residential
10,937
Single Family
3,172
Multi-Family
7,765
Businesses
994
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Listed by: Wilvia Espinoza • Pearson Smith Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2268424