12937 Centre Park Cir APT 404HerndonVA20171
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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
Investment Highlights
Investment property for sale in Herndon at 12937 Centre Park Cir APT 404, Herndon, VA, 20171 offers a 8.55% rental yield on a $400,000 purchase with $2,851/mo rent. 1% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 95.06% and total cumulative return in cash at $126,052. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,851/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20171, Herndon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,705 (100%) |
| Owner Occupied HU | 11,622 (53.5%) |
| Renter Occupied HU | 8,913 (41.1%) |
| Vacant Housing Units | 1,170 ( 5.4%) |
| Median Home Value | $838,752 |
| Average Home Value | $873,051 |
Housing Distribution
Address Breakdown
Residential
21,839
Single Family
13,785
Multi-Family
8,054
Businesses
925
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Listed by: Meredith Hannan • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAFX2202948
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