12915 Alton Sq APT 416, Herndon, VA, 20170 | $692/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12915 Alton Sq APT 416, Herndon, VA, 20170 | $692/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 12915 Alton Sq APT 416, Herndon, VA, 20170 uses $107,738 cash to close to unlock $8,303/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,635/mo, and a $1,591/mo payment keeps the spread at $692/mo. Purchase price stands at $325,000, and rental yield measures 9.73% with $2,635/mo rent. Return on cash invested shows 27.62% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 143.88% and total cumulative return in cash records $155,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,635/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Condo

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

TOP FLOOR with vaulted ceilings! Elevator building with one garage parking space! Perfect sunset views from the large balcony! Relax in front of the gas fireplace! Bright and spacious rooms! Updated light fixtures! Easy care flooring! Wonderful closet space! You are going to LOVE IT! Professional photos coming Tuesday. Many EXPENSIVE UPGRADES THROUGHOUT! You will LOVE cooking in this kitchen that has MAJOR UPGRADES!! Stainless appliances, granite, double sink, built-in microwave, extra cabinets with glass fronts, tile floor and tile backsplash! HIGH END bathroom complete with upgraded tile, tub, shower, glass doors, custom tile, cabinetry and a SECOND SINK added! Primary has walk-in closet AND a second closet. Second bedroom has great views, large closet and elfa shelving that can easily become a desk area! Full-size washer and dryer, too! Easy stroll to the Herndon METRO Station! Also easy access to shopping, restaurants and more! Coming soon! Lidl and a Planet Fitness! Dulles Airport is 10 minutes away! Downtown Herndon has restaurants, concerts, Farmer's Market, W&OD bike trail and so much more! Come see why the Town of Herndon is such an amazing place to live!

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