418 Florida AveHerndonVA20170
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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 418 Florida Ave, Herndon, VA, 20170 priced at $815,000 converts $5,568/mo rent into $696/mo cash flow after a $3,989/mo obligation. Total monthly income equals $5,568/mo, and annual cash flow totals $8,353/yr on $268,135 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 8.2% against a $815,000 entry. Equity gained on principal adds $5,259/yr, while 5% annual appreciation compiles into $225,169 by year five. Five-year ROI reaches 120.06% and total cumulative return in cash sums $321,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,568/mo property income covering a $3,989/mo payment, not borrower’s personal income.
Single Family
Built in 1964
10,656 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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