8302 Wallace Ln, Manassas, VA, 20109 | $580/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8302 Wallace Ln, Manassas, VA, 20109 | $580/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 Manassas at 8302 Wallace Ln, Manassas, VA, 20109 earns $580/mo cash flow from $3,509/mo rent with a $2,398/mo payment. Total monthly income totals $3,509/mo, and annual cash flow totals $6,963/yr on $162,402 capital. ROI tracks 24.2% on current figures, and rental yield reads 8.6% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 125.57% and total cumulative return in cash sums $203,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,509/mo property income instead of your personal income.

Townhouse

Built in 1998

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Open House Sat 7/26 & Sun 7/27, 123 PM LOCATION, LOCATION, LOCATION! Welcome to 8302 Wallace Ln, Manassas, VA where luxury meets convenience in one of the safest and most accessible communities around! Just 4 minutes from the Tesla Supercharger at Wawa, and moments from Costco, Route 234 and I-66, the VRE station, shopping, dining, and more! This fully renovated brick-front townhome offers over 2,000 sq ft of modern elegance. Inside, you'll find brand-new luxury vinyl plank flooring, plush carpet in the upper-level bedrooms, fresh designer paint, upgraded crown molding, and contemporary lighting throughout. Every bathroom has been completely remodeled with new vanities, fixtures, mirrors, and toilets. The home is also equipped with smart technology, including a alarm system and mobile-controlled lighting for enhanced security and convenience. Calling all chefs! The stunning kitchen boasts brand-new marble countertops, stainless steel appliances, freshly painted cabinetry, added storage, and a large island perfect for entertaining. Enjoy privacy and tranquility with a huge deck backing to woods, and a walk-out basement leading to a freshly sodded yard. The lower level offers a spacious rec room, full bath, and a potential 4th bedroom/office/den. Upstairs, the primary suite features a walk-in closet, double vanity, soaking tub, and custom upgrades. Two additional bedrooms share a fully updated hall bath. All-new blinds throughout, plus two reserved parking spaces (#168) conveniently located right out front, along with ample visitor parking. This turn-key gem is ready to impress!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20109, Manassas, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,042 (100%)
Owner Occupied HU	7,302 (45.5%)
Renter Occupied HU	8,139 (50.7%)
Vacant Housing Units	601 ( 3.7%)
Median Home Value	$445,801
Average Home Value	$510,811