13723 Neil Armstrong Ave SUITE 503, Herndon, VA, 20171 | $581/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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13723 Neil Armstrong Ave SUITE 503, Herndon, VA, 20171 | $581/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 13723 Neil Armstrong Ave SUITE 503, Herndon, VA, 20171 uses $142,214 cash to close to unlock $6,975/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $3,146/mo, and a $2,100/mo payment keeps the spread at $581/mo. Purchase price stands at $429,000, and rental yield measures 8.8% with $3,146/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 128.88% and total cumulative return in cash records $183,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,146/mo property income covering a $2,100/mo payment rather than investor’s personal income.

Condo

Built in 2015

N/A lot

$N/A/sqft

No HOA

More details about the property

For sale in the premier Condos at Discovery Square, this beautiful Top-floor, 2-bedroom, 2-bathroom unit offers a perfect blend of modern luxury and practical living. Step inside to find an open-concept layout with gleaming hardwood floors and a light-filled living area that opens to a private balcony. The spacious kitchen is ideal for entertaining, featuring a large island, granite countertops, stainless steel appliances, and ample cabinet space. The intelligent floor plan places two large en suite bedrooms on either side of the living room, each with two large closets for exceptional storage and privacy. The primary bath boasts double vanities, and both bathrooms feature elegant granite countertops. Conveniences include an in-unit washer and dryer. Your new home includes the significant benefit of a separate, gated garage with one assigned, covered parking space and easy elevator access to your top-floor residence. The location is unbeatable, less than 10 minutes from Dulles Airport with easy access to Routes 28, 50, and the Toll Road. The area is rich with shopping, dining, and entertainment options. Adding to the community's appeal, the new High School (Name Not Yet Determined) in Wester Fairfax High School is scheduled to open in 2026, making this a smart investment for the future. Don't miss this opportunity to own a stunning condo in a dynamic and connected neighborhood.

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