1723 Ascot Way UNIT A, Reston, VA, 20190 | $566/mo Cash Flow

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1723 Ascot Way UNIT A, Reston, VA, 20190 | $566/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 1723 Ascot Way UNIT A, Reston, VA, 20190 offers a 9.24% rental yield on a $329,000 purchase with $2,532/mo rent. Total monthly income registers $2,532/mo, and a $1,610/mo payment leaves $566/mo available for distribution. Annual cash flow reaches $6,787/yr on $109,064 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 135.95% and total cumulative return in cash at $148,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,532/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Easy Living in Reston! *** This charming Parcreston home offers the perfect blend of comfort, convenience, and low-maintenance living. Ideal for first-time buyers, down-sizers, or pet owners, this main-level condo features a private patio backing to open green space a rare find with room for your pup to play or for you to enjoy peaceful outdoor moments. *** Inside, youll find two spacious bedrooms and one full bath. The primary bedroom includes a generous walk-in closet, while the second bedroom is perfect for a guest room, home office, or hobby space. A large laundry and utility room provides plenty of extra storage, and the cozy fireplace sets the stage for relaxing evenings. The wall-mounted TV conveys, making this home truly move-in ready. *** Parcreston residents enjoy a resort-style amenity package that includes an in-ground pool, EV charging stations, tennis and basketball courts, and a community center with a well-equipped exercise facility. A reserved parking space conveys with the unit, and ample guest parking is available for visitors. *** Situated in one of Restons most desirable and walkable communities, youre just moments from vibrant Reston Town Center, filled with lively restaurants, boutique shopping, and year-round events including an ice-skating rink in the winter. Enjoy an active lifestyle with nearby parks, walking trails, and commuter access to major routes and Metro. Welcome home!

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