1422 Northgate Sq #22/1A, Reston, VA, 20190 | $316/mo Cash Flow

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1422 Northgate Sq #22/1A, Reston, VA, 20190 | $316/mo Cash Flow | Ziffy

For Sale

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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 Reston at 1422 Northgate Sq #22/1A, Reston, VA, 20190 listed at $199,000 pairs $1,506/mo rent with a $974/mo payment to leave $316/mo cash flow. Total monthly income runs $1,506/mo, and annual cash flow reaches $3,797/yr on $65,969 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 9.08% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 133.47% and total cumulative return in cash totals $88,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,506/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

Step inside this cozy well maintained condo in the Northgate community of Reston. Bright open area with a spacious living room, separate dining room and kitchen. Granite countertops, stainless steal appliances and 4 yr old AC unit. ALL UTILITIES ARE INCLUDED IN THE CONDO FEE electricity, gas and water. Lots of parking spaces available. Minutes from Reston Town Center, W&OD Trail, Lake Anne and Metro Station. Enjoy all the amenities of Reston Association which include multiple pools, parks, ball fields, tennis courts, fishing and lots of trails. You will love living in this 1st level condo. Professional pictures coming soon.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20190, Reston, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,925 (100%)
Owner Occupied HU	5,243 (40.6%)
Renter Occupied HU	6,438 (49.8%)
Vacant Housing Units	1,244 ( 9.6%)
Median Home Value	$712,052
Average Home Value	$841,593