Is Herndon, VA a good place to invest in rental property?

Herndon, VA has a median modeled monthly cash flow of $-1,733 and a median cap rate of 2.7%, on a median sold price of $625,495. Prices changed -0.8% year over year.

What is the average cap rate in Herndon, VA?

The median cap rate across recently sold homes in Herndon, VA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Herndon, VA?

The median sold price in Herndon, VA is $625,495 (about $326 per square foot).

Investing in Herndon, VA Real Estate

A data-driven snapshot of the Herndon, VA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$625,495Median sold price

$326Median $/sqft

2.7%Median cap rate

$-1,733Modeled cash flow / mo

-0.8%Appreciation YoY

6.0Months of supply

120Active listings

240Sold (last 12 mo)

What the Herndon numbers say

In Herndon, VA, the median home sold for $625,495 (about $326 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,733 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 6.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Virginia markets to compare

See Herndon cash-flowing listings

CashFlowRE ranks every for-sale home in Herndon, VA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Herndon deals, or browse the national market data.