8916 Waites WayLortonVA22079
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 Lorton at 8916 Waites Way, Lorton, VA, 22079 uses $160,446 cash to close to unlock $5,672/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $3,366/mo, and a $2,369/mo payment keeps the spread at $473/mo. Purchase price stands at $484,000, and rental yield measures 8.35% with $3,366/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $133,720 over five years. Five-year ROI reaches 121.53% and total cumulative return in cash records $194,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,366/mo property income covering a $2,369/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22079, Lorton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,370 (100%) |
| Owner Occupied HU | 8,186 (66.2%) |
| Renter Occupied HU | 3,594 (29.1%) |
| Vacant Housing Units | 590 ( 4.8%) |
| Median Home Value | $773,838 |
| Average Home Value | $805,386 |
Housing Distribution
Address Breakdown
Residential
12,304
Single Family
11,515
Multi-Family
789
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices