7921 Journey LnSpringfieldVA22153
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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
Rental property for sale in Springfield at 7921 Journey Ln, Springfield, VA, 22153 generates $4,444/mo in rent, after a $4,160/mo payment. Total monthly income is $4,444/mo. Return on cash invested sits at 17.33% in year one, and rental yield is 6.27% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 88.7% and total cumulative return in cash sums $248,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,444/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
10,849 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22153, Springfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,659 (100%) |
| Owner Occupied HU | 9,068 (85.1%) |
| Renter Occupied HU | 1,290 (12.1%) |
| Vacant Housing Units | 301 ( 2.8%) |
| Median Home Value | $726,907 |
| Average Home Value | $756,308 |
Housing Distribution
Address Breakdown
Residential
10,807
Single Family
10,807
Multi-Family
0
Businesses
350
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Listed by: Haley McBryan • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2261124