3245 Rio Dr APT 705Falls 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 705, Falls Church, VA, 22041 earns $252/mo cash flow from $1,627/mo rent with a $1,126/mo payment. Total monthly income totals $1,627/mo, and annual cash flow totals $3,022/yr on $76,245 capital. ROI tracks 23.87% on current figures, and rental yield reads 8.49% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash sums $94,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your 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: Mr. Tom S Hennerty • NetRealtyNow.com, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2275636