2694 Velocity Rd UNIT 33KHerndonVA20171
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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
Investment property for sale in Herndon at 2694 Velocity Rd UNIT 33K, Herndon, VA, 20171 offers a 7.63% rental yield on a $658,300 purchase with $4,186/mo rent. Total monthly income registers $4,186/mo, and a $3,222/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $574/yr on $216,581 to close, and return on cash invested stands at 20.33% in year one. Equity gained on principal adds $4,248/yr while 5% annual appreciation supports $181,876 over five years. Portfolio math shows five-year ROI at 105.17% and total cumulative return in cash at $227,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,186/mo property income against a $3,222/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20171, Herndon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,705 (100%) |
| Owner Occupied HU | 11,622 (53.5%) |
| Renter Occupied HU | 8,913 (41.1%) |
| Vacant Housing Units | 1,170 ( 5.4%) |
| Median Home Value | $838,752 |
| Average Home Value | $873,051 |
Housing Distribution
Address Breakdown
Residential
21,839
Single Family
13,785
Multi-Family
8,054
Businesses
925
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