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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reston at 1505 N Point Dr APT 203, Reston, VA, 20194 offers a 8.98% rental yield on a $397,300 purchase with $2,974/mo rent. Total monthly income registers $2,974/mo, and a $1,945/mo payment leaves $457/mo available for distribution. Annual cash flow reaches $5,482/yr on $131,705 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $2,564/yr while 5% annual appreciation supports $109,767 over five years. Portfolio math shows five-year ROI at 125.35% and total cumulative return in cash at $165,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,974/mo property income against a $1,945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$53 monthly HOA
Neighborhood data shown for ZIP Code: 20194, Reston, VA area.
| 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 |
Residential
5,772
Single Family
4,407
Multi-Family
1,365
Businesses
58
Date | Event | Price |
|---|---|---|
| 2016-01-12 | Listing removed | $299,900 |
| 2016-01-11 | Sold | $294,000 |
| 2015-12-22 | Listing removed | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-15 | $4244.44 | 9.73% | $352,090 | 7.00% |
| 2023-07-15 | $3868.10 | 11.58% | $329,060 | 13.00% |
| 2022-07-15 | $3466.73 | N/A | $291,200 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
