1515 S Arlington Ridge Rd UNIT 603, Arlington, VA, 22202 | $165/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1515 S Arlington Ridge Rd UNIT 603, Arlington, VA, 22202 | $165/mo Cash Flow | Ziffy

For Sale

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 1515 S Arlington Ridge Rd UNIT 603, Arlington, VA, 22202 uses $203,980 cash to close to unlock $1,984/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $3,872/mo, and a $3,035/mo payment keeps the spread at $165/mo. Purchase price stands at $620,000, and rental yield measures 7.49% with $3,872/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash records $221,463. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,872/mo property income covering a $3,035/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning 2-Bedroom Condo at Pentagon Ridge in Arlington Prime Location Near Pentagon City Located just steps from Pentagon City, this impeccably maintained 2-bedroom, 2-bath condo offers sweeping 6th-floor views. Upon entering, you're greeted by an open and airy floor plan, with floor-to-ceiling windows that fill the space with natural light. The spacious living room, featuring beautiful hardwood floors, leads out to a private balcony where you can take in the stunning D.C. skyline. The modern kitchen is outfitted with stainless steel appliances, plenty of storage, and a breakfast bar for casual dining. It opens seamlessly to the dining area, highlighted by a tray ceiling and elegant wainscoting. Both bedrooms are generously sized, with the primary suite offering a luxurious en-suite bath and a large walk-in closet. The second bedroom is perfect for guests or a home office, while a second full bathroom ensures comfort for everyone. Additional features include in-unit washer and dryer, a dedicated garage parking space (#9), and extra storage. Plus, theres off-street parking available on 15th Street. The pet-friendly building is packed with amenities, including an outdoor pool, a gym with a sauna, grills, a party room, and a community garden. Conveniently located, this condo offers quick access to the Metro, Amazon HQ2, the Pentagon, Pentagon City Mall, parks, restaurants, and more. Guests will appreciate the ample unpermitted and unmetered street parking, and the Metro Bus stop directly outside provides a quick route to Pentagon Metro. Enjoy the best of Arlington living with easy access to Washington D.C., National Airport, Tysons, Old Town Alexandria, and major Northern Virginia highways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22202, Arlington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,023 (100%)
Owner Occupied HU	3,391 (16.9%)
Renter Occupied HU	14,315 (71.5%)
Vacant Housing Units	2,317 (11.6%)
Median Home Value	$951,064
Average Home Value	$1,033,433