8302 Wallace LnManassasVA20109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 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
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 |
Housing Distribution
Address Breakdown
Residential
15,372
Single Family
11,266
Multi-Family
4,106
Businesses
1,843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices