I have a townhome in Deepwood Community of Reston that is hugely improved (from new roof, kitchen, basement

Dipasis Bhadra
Both Buyer and Seller
Reston, VA

and carpet). I am planning to buy a SFH in the area nearby (for the school district) and rent out the townhome. How much can it rent for? Does anyone have any suggestions on SFH around the Hunterwoods Elem area community?

Answers (5)
Chris Mundy
Agent
Washington, DC

You can also use public sites, like http://www.Homesdatabase.com to find updated rental prices for homes in your zip code. I may also suggest looking on Craigslist. Don't forget properties listed on MLS are through an agent and *sometimes* a homeowner will increase the monthly asking price to cover the co-op fee charged by the agent.

You can also ask around...neighbors, coworkers or other friends might give you your best REALISTIC rental income range.

Chris Mundy
CBRB
wmundy@cbmove.com

Fri Nov 6 2009, 15:37
Jaime
Home Buyer
Reston, VA

Dipasis,
What was the outcome of trying to rent out the townhouse? I would like to do the exact same thing you are doing but I am concerned that I will 1) Not find a renter 2) Not get enough in rent to cover the mortgage. So, were you able to find a renter and if so how much were you able to get?

Sun Jun 14 2009, 08:43
"RealtyGeeks...
Agent
Reston, VA

Hi Dipasis, Here is the rental and otherwise neighborhood info for you. You will see there are few listed to give you personal idea.
Click the following URL to see the listings:
http://matrix.mris.com/Matrix/Public/Email.aspx?ID=29136896265

You may consider activationg a search at the link below AND then clickking on Schools for each listing you like and also you can check community demographics with another click.

http://www.realtygeeks.com/OnlineSearchRequest2?operation=sh…

Hope to be helpful

Let me know any Q's

Thu Feb 19 2009, 11:06
Glenda Cherry
Agent
Herndon, VA

Townhouses in your neighborhood have rented for between $1,550 to $2,000 in the last six months - there are currently 3 on the market priced between $1,675 and $1,800. The lower you price yours, the faster you're likely to find a tenant. Of course, you need to work with an agent who will market it for you and not just put it into the MLS and hope for the best. Let me know if I can help.

Thu Feb 19 2009, 11:04
Jeff Royce
Agent
Fairfax, VA
FIRST ANSWER

Hi Dipasis...below is a link to some SFH homes listed in that school district. I would need more information about your townhome to estimate what it would rent for.

Thu Feb 19 2009, 10:26

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