9475 Fairfax Blvd APT 102, Fairfax, VA, 22031 | $897/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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9475 Fairfax Blvd APT 102, Fairfax, VA, 22031 | $897/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 Fairfax at 9475 Fairfax Blvd APT 102, Fairfax, VA, 22031 listed at $274,900 pairs $2,540/mo rent with a $1,346/mo payment to leave $897/mo cash flow. Total monthly income runs $2,540/mo, and annual cash flow reaches $10,766/yr on $91,129 cash to close. Return on cash invested measures 31.72% in year one, and rental yield registers 11.09% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 165.96% and total cumulative return in cash totals $151,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,540/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1963

N/A lot

$N/A/sqft

No HOA

More details about the property

Completely move in ready! Sunny kitchen all new in 2019 w/ 42 in cabinets, tile backsplash, quartz countertops, stainless steel appliances and LVP floor! Fresh paint and carpet throughout!ALL utilities included! (excluding cable/internet) All improvements in 2020: new bathroom with high-end tile work, new vanity w/ granite countertop, toilet, tub, lighting, hardware and plumbing fixtures. recessed LED lighting in living and bedrooms, all interior doors and hardware replaced, shelving added in closets, new baseboards, crown molding and window trim. Even small details, such as vent covers, switches, locks and thermostat. Laundry is conveniently located on your floor! Step outside through the storm door (2020) to your private patio that faces common green area w/ lawn and trees. A perfect spot for morning coffee or an evening cocktail. The swimming pool and one of the tot lots are close by. The location of this condo offers pure convenience, bus stops, shopping and dining just steps away. Commuters will appreciate the Vienna metro being less than 2 miles away, and when not commuting enjoy the Fairfax County Cross County Connector Trail about 1/3 mile away offering 40 miles of biking and running opportunity. This is the one you've been waiting for!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22031, Fairfax, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,528 (100%)
Owner Occupied HU	7,429 (44.9%)
Renter Occupied HU	7,893 (47.8%)
Vacant Housing Units	1,206 ( 7.3%)
Median Home Value	$843,161
Average Home Value	$880,098