12911 Alton Sq APT 102, Herndon, VA, 20170 | $588/mo Cash Flow

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12911 Alton Sq APT 102, Herndon, VA, 20170 | $588/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 Herndon at 12911 Alton Sq APT 102, Herndon, VA, 20170 earns $588/mo cash flow from $2,680/mo rent with a $1,713/mo payment. Total monthly income totals $2,680/mo, and annual cash flow totals $7,055/yr on $115,992 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.19% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 135.17% and total cumulative return in cash sums $156,786. 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 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

This is the one you have been waiting for! Well maintained 2 bedroom, 1 bathroom and 990 sq ft condo located within a quick walk over to the Silver Line Herndon-Monroe Metro station. The unit boasts 9 ceilings, newer carpet and wide plank laminate wood flooring, and new HVAC. This open concept condo features a large living room with a cozy gas fireplace,. Sliding glass doors lead to your private covered patio! The kitchen is great for entertaining, with a dining space and granite kitchen counters with space for stools. The primary bedroom has a nice walk-in closet. The reasonable condo association monthly fee includes water, sewer, trash, snow removal, exterior maintenance, and access to the community's 2 pools, fitness area, dog walking stations, and walking trails throughout the community. Short distance from restaurants, shopping, movie theater, and Reston Town Center. Great for commuters! Not only is the metro close by, but also Route 28, Fairfax County Parkway, Dulles Toll Road, and Dulles Airport. Check out the virtual tour! Schedule your showing and make your offer before this one is sold!

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