1504 Summerchase CtRestonVA20194
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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
Rental property for sale in Reston at 1504 Summerchase Ct, Reston, VA, 20194 generates $2,904/mo in rent and, after a $1,958/mo payment, leaves $513/mo in cash flow. Total monthly income is $2,904/mo, and annual cash flow is $6,152/yr on $132,593 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.71% on a $399,980 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,507 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $168,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,904/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20194, Reston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,894 (100%) |
| Owner Occupied HU | 4,113 (69.8%) |
| Renter Occupied HU | 1,545 (26.2%) |
| Vacant Housing Units | 236 ( 4.0%) |
| Median Home Value | $880,380 |
| Average Home Value | $924,169 |
Housing Distribution
Address Breakdown
Residential
5,772
Single Family
4,407
Multi-Family
1,365
Businesses
58
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