1021 N Garfield St APT 730, Arlington, VA, 22201 | 6.66% Rental Yield

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1021 N Garfield St APT 730, Arlington, VA, 22201 | 6.66% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Arlington at 1021 N Garfield St APT 730, Arlington, VA, 22201 offers a 6.66% rental yield on a $630,000 purchase with $3,494/mo rent. 48% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,057 over five years. Portfolio math shows five-year ROI at 94.88% and total cumulative return in cash at $196,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,494/mo property income against a $3,084/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

This updated condo in the heart of Clarendon truly has it allcomplete with a full-size parking space, a deeded storage unit, 24/7 concierge, and a show-stopping rooftop pool with panoramic views of DC. From your living room and primary bedroom, you'll enjoy a rare sightline of the Washington Monument, all while overlooking the peaceful courtyard fountain. So quiet, you won't even know you are right in the middle of everything you could possibly need! This condo features east facing floor-to-ceiling windows that will provide your home with ample natural light, engineered hardwood floors, and walk-in primary bedroom closets with custom shelving. Additional upgrades include, but are not limited to: Water Heater (2019), HVAC (2021), LG appliances, tiled kitchen backsplash, kitchen & bathroom faucets, smart thermostat, ceiling fans, and top-down blinds in primary bedroom. The Clarendon 1021 community is pet-friendly and known for its vibrant lifestyle, with amenities that also include a fitness center, rooftop fire pit and grills, electric car charging station, and Luxor secure package delivery. Residents also enjoy community events throughout the year. The location is unbeatable. Just steps to Whole Foods, Trader Joes, the Metro, local parks, shopping, dining, and everything that makes Clarendon one of Arlington's most sought after neighborhoods. Dont miss this rare opportunity to own a quiet retreat in the center of it all!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22201, Arlington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,883 (100%)
Owner Occupied HU	6,845 (28.7%)
Renter Occupied HU	15,563 (65.2%)
Vacant Housing Units	1,475 ( 6.2%)
Median Home Value	$985,851
Average Home Value	$1,062,364