12958 Centre Park Cir APT 120, Herndon, VA, 20171 | $461/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12958 Centre Park Cir APT 120, Herndon, VA, 20171 | $461/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 12958 Centre Park Cir APT 120, Herndon, VA, 20171 uses $99,450 cash to close to unlock $5,532/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,468/mo payment keeps the spread at $461/mo. Purchase price stands at $300,000, and rental yield measures 9.02% with $2,254/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 132.39% and total cumulative return in cash records $131,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Rents are high, rates are low ......... time to step into owning your own home. FULLY GATED COMMUNITY, with controlled access, LESS THAN 20 years old, with 9' CEILINGS, it's hard to find at this price. Neat and clean with open feel, newer laminate flooring, recent painting, granite counters. HVAC, HOT WATER HEATER, DISHWASHER, WASHER /DRYER REPLACED in the last few years. Patio facing the courtyard with pool, GARAGE with 2 OWNED ASSIGNED PARKING SPACES, 2 pools, fitness center, you can walk to Harris Teeter and other shopping, and Herndon park and ride. WALK TO SILVER LINE Metro stop, Great place to live, easy access to toll road. MAIN LEVEL LIVING so it's quick and easy to come and go, easy to move with minimal need to use the stairs or elevators. Easy living in a modern community with all you need nearby. Community Concierge right next door. Seller is licensed real estate broker in Virginia.

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