6706 James Lee St APT 350Falls ChurchVA22042
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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 6706 James Lee St APT 350, Falls Church, VA, 22042 earns $890/mo cash flow from $2,444/mo rent with a $1,272/mo payment. Total monthly income totals $2,444/mo, and annual cash flow totals $10,685/yr on $86,157 capital. ROI tracks 32.31% on current figures, and rental yield reads 11.28% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 169.11% and total cumulative return in cash sums $145,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,444/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,670
Single Family
9,085
Multi-Family
3,585
Businesses
830
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Listed by: Steve Baumgartner • Compass
Mls Name: Bright MLS
Mls ID: #VAFX2281710