3708-3708A Steppes CtFalls 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 3708-3708A Steppes Ct, Falls Church, VA, 22041 listed at $469,888 pairs $2,880/mo rent with a $2,300/mo payment to leave $71/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $851/yr on $155,768 cash to close. Return on cash invested measures 20.46% in year one, and rental yield registers 7.35% at a $469,888 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,821 by year five. Five-year ROI tracks 105.49% and total cumulative return in cash totals $164,314. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
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: Mark McConnell • eXp Realty LLC
Mls Name: eXp Realty
Mls ID: #VAFX2284170