








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 Herndon at 1602 Blacksmith Ln, Herndon, VA, 20170 offers a 5.92% rental yield on a $824,000 purchase with $4,066/mo rent. 26% in year one. Equity gained on principal adds $5,317/yr while 5% annual appreciation supports $227,656 over five years. Portfolio math shows five-year ROI at 82.94% and total cumulative return in cash at $224,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,066/mo property income against a $4,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20170, Herndon, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,818 (100%) |
| Owner Occupied HU | 9,048 (65.5%) |
| Renter Occupied HU | 4,292 (31.1%) |
| Vacant Housing Units | 478 ( 3.5%) |
| Median Home Value | $710,258 |
| Average Home Value | $778,247 |
Residential
13,900
Single Family
11,146
Multi-Family
2,754
Businesses
1,291
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: David Zadareky • Compass
Mls Name: Bright MLS
Mls ID: #VAFX2264212