8001 Chanute Pl APT 15, Falls Church, VA, 22042 | $267/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8001 Chanute Pl APT 15, Falls Church, VA, 22042 | $267/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 Falls Church at 8001 Chanute Pl APT 15, Falls Church, VA, 22042 uses $72,897 cash to close to unlock $3,201/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,581/mo, and a $1,076/mo payment keeps the spread at $267/mo. Purchase price stands at $219,900, and rental yield measures 8.63% with $1,581/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash records $91,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,581/mo property income covering a $1,076/mo payment rather than investor’s personal income.

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious Top Floor 1-Bedroom Condo with Renovated Features and All Utilities Included! ** This beautifully updated and freshly painted 1-bedroom condo offers comfort, convenience, and value. All utilitiesexcept internet, TV, and phoneare included in the condo fee. Enjoy durable LVP flooring in the main living areas and plush carpeting in the bedroom. Windows in both the bedroom and living room have been replaced and enhance natural light and energy efficiency. The renovated kitchen features white cabinetry and sleek granite countertops, while the updated bathroom includes a tub-shower combo. The bedroom boasts a generous walk-in closet, and theres a second large walk-in closet within the unit, plus additional dedicated storage in the basement. Shared laundry facilities are located in the buildings lower level. The community offers amenities such as a swimming pool and playgrounds. Ideally situated near the Beltway, INOVA Fairfax Hospital, and the Mosaic District for shopping and dining. The Dunn Loring Metro station is just under 1.5 miles away for easy commuting.

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