8006 Chanute Pl APT 8Falls 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 8006 Chanute Pl APT 8, Falls Church, VA, 22042 earns $1,236/mo cash flow from $2,881/mo rent with a $1,280/mo payment. Total monthly income totals $2,881/mo, and annual cash flow totals $14,833/yr on $86,720 capital. ROI tracks 37.01% on current figures, and rental yield reads 13.22% at a $261,600 purchase. Equity gained on principal adds $1,688/yr, and 5% annual appreciation supports $72,275 over five years. Five-year ROI reaches 194.74% and total cumulative return in cash sums $168,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,881/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: N/A • N/A
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