308 E Cornell DrSterlingVA20164
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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 Sterling at 308 E Cornell Dr, Sterling, VA, 20164 priced at $379,000 converts $2,786/mo rent into $520/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,786/mo, and annual cash flow totals $6,245/yr on $125,639 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 8.82% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 129.24% and total cumulative return in cash sums $162,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,786/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Townhouse
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20164, Sterling, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 10,314 (76.1%) |
| Renter Occupied HU | 2,983 (22.0%) |
| Vacant Housing Units | 249 ( 1.8%) |
| Median Home Value | $598,091 |
| Average Home Value | $678,998 |
Housing Distribution
Address Breakdown
Residential
12,892
Single Family
11,843
Multi-Family
1,049
Businesses
889
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