549 Florida Ave APT 201HerndonVA20170
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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 549 Florida Ave APT 201, Herndon, VA, 20170 earns $1,025/mo cash flow from $2,950/mo rent with a $1,576/mo payment. Total monthly income totals $2,950/mo, and annual cash flow totals $12,302/yr on $106,743 capital. ROI tracks 31.43% on current figures, and rental yield reads 10.99% at a $322,000 purchase. Equity gained on principal adds $2,078/yr, and 5% annual appreciation supports $88,963 over five years. Five-year ROI reaches 164.4% and total cumulative return in cash sums $175,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,950/mo property income instead of your personal income.
Condo
Built in 1977
N/A 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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