8006 Chanute Pl Unit 17/8Falls 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 Unit 17/8, Falls Church, VA, 22042 earns $233/mo cash flow from $1,844/mo rent with a $1,319/mo payment. Total monthly income totals $1,844/mo, and annual cash flow totals $2,796/yr on $89,339 capital. ROI tracks 23.04% on current figures, and rental yield reads 8.21% at a $269,500 purchase. Equity gained on principal adds $1,739/yr, and 5% annual appreciation supports $74,458 over five years. Five-year ROI reaches 119.4% and total cumulative return in cash sums $106,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,844/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: Maura Stevens • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #VAFX2285268