1023A Margate CtSterlingVA20164
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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 Sterling at 1023A Margate Ct, Sterling, VA, 20164 uses $116,025 cash to close to unlock $4,474/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,713/mo payment keeps the spread at $373/mo. Purchase price stands at $350,000, and rental yield measures 8.45% with $2,465/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash records $142,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20164, Sterling, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 10,314 (76.1%) |
| Renter Occupied HU | 2,983 (22.0%) |
| Vacant Housing Units | 249 ( 1.8%) |
| Median Home Value | $598,091 |
| Average Home Value | $678,998 |
Housing Distribution
Address Breakdown
Residential
12,892
Single Family
11,843
Multi-Family
1,049
Businesses
889
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