7228 Evanston Rd, Springfield, VA, 22150 | $581/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7228 Evanston Rd, Springfield, VA, 22150 | $581/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 7228 Evanston Rd, Springfield, VA, 22150 earns $581/mo cash flow from $3,720/mo rent with a $2,570/mo payment. Total monthly income totals $3,720/mo, and annual cash flow totals $6,975/yr on $172,725 capital. ROI tracks 24.1% on current figures, and rental yield reads 8.5% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 125.01% and total cumulative return in cash sums $215,925. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,720/mo property income instead of your personal income.

Townhouse

Built in 1969

2,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Three level townhouse in Springfield Village, Fairfax. Three bedrooms, two full baths, two half baths, and a finished basement. No rear neighbors and a private deck that looks onto trees. The main level offers an easy flow with good natural light, a comfortable living and dining area, and a kitchen with ample cabinet and counter space. Upstairs provides three bedrooms, including a primary bedroom with an attached bath, plus a second full bath. The finished lower level adds flexible space for a rec room, office, fitness, or guests. Parking is simple with one assigned space and plenty of additional parking nearby. Convenient location close to shopping, parks, major roads, and public transit.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22150, Springfield, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,368 (100%)
Owner Occupied HU	5,654 (60.4%)
Renter Occupied HU	3,219 (34.4%)
Vacant Housing Units	495 ( 5.3%)
Median Home Value	$697,287
Average Home Value	$792,043