9240 Niki Pl APT 301ManassasVA20110
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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 Manassas at 9240 Niki Pl APT 301, Manassas, VA, 20110 uses $104,423 cash to close to unlock $8,061/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $2,555/mo, and a $1,542/mo payment keeps the spread at $672/mo. Purchase price stands at $315,000, and rental yield measures 9.73% with $2,555/mo rent. Return on cash invested shows 27.63% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash records $150,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,555/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20110, Manassas, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,889 (100%) |
| Owner Occupied HU | 11,505 (68.1%) |
| Renter Occupied HU | 5,014 (29.7%) |
| Vacant Housing Units | 370 ( 2.2%) |
| Median Home Value | $487,360 |
| Average Home Value | $531,523 |
Housing Distribution
Address Breakdown
Residential
16,070
Single Family
14,191
Multi-Family
1,879
Businesses
1,994
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