402 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
Rental property for sale in Herndon at 402 Reneau Way, Herndon, VA, 20170 priced at $489,000 pairs $3,817/mo rent with $894/mo cash flow after a $2,393/mo payment. Total monthly income equals $3,817/mo, and annual cash flow comes to $10,731/yr on $162,104 invested. Return on cash invested is 26.53% in year one, and rental yield stands at 9.37% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 138.08% and total cumulative return in cash reaches $223,834. For financing, Ziffy Mortgage’s DSCR program evaluates $3,817/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
1,672 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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