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For Sale
By Owner

20907 Chippoaks Forest Circle,Sterling,VA,20165

4 Bed, 4 Bath (Single Family)

Price: $660,000.00
NRO Chantilly - Approx 12 miles
3018286248
Unhee Kim
mbo1438658

Go to Zillow with the property address and more info is provided. Currently rented at $3400 with security deposit of $4300 (3400+$900 pet deposit) until summer of 2022. House is in tip-top condition bec it was prepped for sale. It is not the typical rental property, the house has many fine upgrades. Use 10 months rental annual income of $34000 against an investment of 660k which gives you a 5% return, not even considering the value increase of property over time. You also have $ 6800 (2 month rental income) each year to cover the expenses of managing a rental home. Furthermore, the tenants are superb with credit score in 800s! You will never find an investment home with such great rental ratio Income and great tenants! I am seeking an investor buyer. You will have to be a cash buyer. Maybe you can get a home loan against the house that you own...or you just have cash lying around...better than any CD or stocks as this is a secure return 4 bedroom, 4.5 bathroom, 2 master suites, steam shower generator and bidet in master bath, second set of washer/dryer and frig in basement, Nicely landscaped with trees around the perimeter for privacy, fruit trees and raised garden for your own organic life. One cherry tree has 4 types of cherries grafted to the main stem, the peach tree bears plenty fruit for you and the neighbors. The pear tree may start bearing fruit this coming year....there also two blueberry shrubs yet to bear fruit. It is such a nice neighborhood away from major traffic for kids to play safely, and surrounded by wonderful neighbors. My previous tenant of 4 years made lifelong friends with the neighbors and was sad to leave the house when relocated. The house is very fortuitous, always brings promotions and more children to tenants living there. I have always had amazing tenants at this location, all through this website. So it costs you only $ 49 to get new tenants! There has been many renovations to the house the first year I bought it in 2013. It has been a profitable 6 years! But now I am relocating to Ca where the home prices are much higher and I need to sell this house to buy my retirement home in Orange County. That is the only reason I am selling such an amazing investment. Most recently, I have replace with a new Counter depth Samsung French door frig. The photos do not show the new frig, but the old bulky one!! Not to disturb current tenants, any investment buyer must be prequalified with sufficient cash asset and have serious interest commitment letter.

Features Special Features
      Zip: 20165
      County: Loudoun
      Date Available: 10/1/2019
      Security Deposit:
      Lease Term: NA
      Pet Policy: NA
      Rent to Own: No
      Lot Size: 8300
      Home Size: 3030(sqft)
      Home Age: Between 20 To 30 Years
      Floors: 3
      Parking: Garage
      Parking Space: 3+

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