347 Reneau WayHerndonVA20170
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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 347 Reneau Way, Herndon, VA, 20170 with 5% annual appreciation on a $479,990 basis while $3,448/mo rent supports operations. Total monthly income totals $3,448/mo and a $2,349/mo payment preserves $579/mo for cash returns. Annual cash flow comes to $6,948/yr on $159,117 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,612 alongside rental yield of 8.62%. Five-year ROI measures 126.01% and total cumulative return in cash totals $200,509.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,448/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1974
1,653 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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