5809 Royal Ridge Dr UNIT I, Springfield, VA, 22152 | $634/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5809 Royal Ridge Dr UNIT I, Springfield, VA, 22152 | $634/mo Cash Flow | Ziffy

For Sale

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 Springfield at 5809 Royal Ridge Dr UNIT I, Springfield, VA, 22152 listed at $350,000 pairs $2,726/mo rent with a $1,713/mo payment to leave $634/mo cash flow. Total monthly income runs $2,726/mo, and annual cash flow reaches $7,606/yr on $116,025 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 9.35% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 137.7% and total cumulative return in cash totals $159,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,726/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

** HARD TO FIND 2 BEDROOM 2 BATH ROOM UNIT ** RENOVATED AND REMODELED ** ONE OF THE NICEST UNITS IN THE COMPLEX ** NEWER HEAT PUMP FOR LOW UTILITY COST ** NEWER KITCHEN CABINETS ** NEWER GRANITE COUNTER TOPS ** NEWER STAINLESS STEEL APPLIANCES ** 2 FULL BATH ROOMS ** WOOD LAMINATE FLOORING IN THE BEDROOMS ** NEW VINYL TILE IN THE LIVINGROOM, DINNING AREA AND KITCHEN ** FRESHLY PAINTED FROM TOP TO BOTTOM ** WASHER AND DRYER IN THE UNIT ** LARGE PATIO ** LOTS OF SPACE ** CLOSE TO SCHOOLS, SHOPPING AND TRANSPORTATION ** GREAT LOCATION ** BEING SOLD AS IS WHERE IS **

Neighborhood Data

Neighborhood data shown for ZIP Code: 22152, Springfield, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,292 (100%)
Owner Occupied HU	8,349 (81.1%)
Renter Occupied HU	1,605 (15.6%)
Vacant Housing Units	338 ( 3.3%)
Median Home Value	$672,656
Average Home Value	$694,129