1606 Blacksmith LnHerndonVA20170
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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 Herndon at 1606 Blacksmith Ln, Herndon, VA, 20170 generates $4,441/mo in rent, after a $4,087/mo payment. Total monthly income is $4,441/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 6.38% on a $835,000 entry. Equity gained on principal adds $5,388/yr, while 5% annual appreciation builds toward $230,695 over five years. Five-year ROI reaches 90.44% and total cumulative return in cash sums $248,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
9,023 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20170, Herndon, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,900
Single Family
11,146
Multi-Family
2,754
Businesses
1,291
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