1155 Herndon Pkwy, Herndon, VA, 20170 | 5.36% Rental Yield

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Price: $300K - 500K

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1155 Herndon Pkwy, Herndon, VA, 20170 | 5.36% Rental Yield | 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 Herndon at 1155 Herndon Pkwy, Herndon, VA, 20170 earns from $2,680/mo rent with a $2,937/mo payment. Total monthly income totals $2,680/mo. ROI tracks 14.55% on current figures, and rental yield reads 5.36% at a $599,990 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,766 over five years. Five-year ROI reaches 73.79% and total cumulative return in cash sums $145,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,680/mo property income instead of your personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This Tessa END UNIT at Park Place is where style meets functionality, offering the perfect blend of comfort and modern design. This 2-level townhome-style condo features 2 bedrooms, 2 full bathrooms, and 1 half bathroomideal for those seeking a low-maintenance, contemporary living space. Step into the spacious main level designed for seamless living and entertaining. The gourmet kitchen, complete with Designer Finishes, a stunning quartz island, and a walk-in pantry, flows effortlessly into the dining and family room areas. Whether you're hosting friends or enjoying a quiet night in, this open layout provides the perfect backdrop for every occasion. Retreat upstairs to the oversized primary suite, featuring two walk-in closets and a private en suite bathroom with double vanities. A flexible loft space leads to a private balcony, ideal for morning coffee or unwinding after a long day. An additional bedroom and full bathroom ensure that family members or guests have their own comfortable space. The 1-car rear-load garage offers extra storage and direct access to the home, keeping your essentials organized and easily accessible. With a driveway that accommodates additional parking, convenience is truly at your fingertips. Living at Park Place means enjoying a vibrant community with unparalleled convenience. Walk to the Innovation Metro Station (Silver Line) for easy commuting and explore the upcoming Rivana Town Center just steps away. With quick access to major commuting routes and only 2 miles from Dulles International Airport, this location is perfect for those on the go. Experience a home designed to complement your dynamic lifestyle. Discover The Tessa today! Rent-back option available. *Photos are of a similar model home

Neighborhood Data

Neighborhood data shown for ZIP Code: 20170, Herndon, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,818 (100%)
Owner Occupied HU	9,048 (65.5%)
Renter Occupied HU	4,292 (31.1%)
Vacant Housing Units	478 ( 3.5%)
Median Home Value	$710,258
Average Home Value	$778,247