1600 N Oak St APT 418, Arlington, VA, 22209 | $513/mo Cash Flow

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1600 N Oak St APT 418, Arlington, VA, 22209 | $513/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 1600 N Oak St APT 418, Arlington, VA, 22209 offers a 8.09% rental yield on a $669,900 purchase with $4,518/mo rent. Total monthly income registers $4,518/mo, and a $3,279/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,159/yr on $220,397 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,081 over five years. Portfolio math shows five-year ROI at 118.34% and total cumulative return in cash at $260,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,518/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious, light-filled, and rarely available, this 1,430 sq. ft. end-unit condo with an additional glass-enclosed sunroom offers one of The Belvederes most desirable and functional layouts. Inside, the floor plan is both practical and inviting. The expansive living room easily accommodates large gatherings and opens directly to the enclosed sunroom, an ideal spot for morning coffee, reading, or working from home. The formal dining room is ideal for entertaining, while the eat-in kitchen provides space for casual dining and everyday convenience. Both bedrooms are generously sized with walk-in closets, and the condo offers excellent storage throughout, including an expansive built-in shelving unit in the second bedroom. While the kitchen and bathrooms are original, everything is well-maintained, offering a clean, functional space thats ready to enjoy now or you can customize it to your taste. A garage parking space and an extra storage unit convey. The monthly condo fee of $961 is among the lowest in the area on a price-per-square-foot basis, with no increase this year thanks to the buildings strong reserves and well-funded association. The Belvederes full suite of amenities includes a pool, fitness center, tennis courts (lined for pickleball), 24-hour front desk, library, party room, convenience store, and more. Located just three blocks from the Rosslyn Metro, The Belvedere offers unmatched access to D.C., Arlingtons best restaurants and shops, and major commuter routes. With its generous square footage, smart layout, and bright exposures, this is an exceptional opportunity to own one of the largest two-bedroom homes in one of Rosslyns most established and well-regarded buildings.