4623 28th Rd S APT C, Arlington, VA, 22206 | $446/mo Cash Flow

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4623 28th Rd S APT C, Arlington, VA, 22206 | $446/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 4623 28th Rd S APT C, Arlington, VA, 22206 uses $128,954 cash to close to unlock $5,347/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $2,771/mo, and a $1,904/mo payment keeps the spread at $446/mo. Purchase price stands at $389,000, and rental yield measures 8.55% with $2,771/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash records $160,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,771/mo property income covering a $1,904/mo payment rather than investor’s personal income.

Condo

Built in 1950

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into homeownership with this charming two-bedroom, one-bath condo in The Arlington Condominium in Arlington, VA. Perfect for a first-time buyer, this property combines the comfort of a quiet, established neighborhood with incredible access to urban amenities. Located in a tranquil, garden-style community, this ground-floor unit offers a peaceful retreat while keeping you close to everything the area has to offer. Inside, the unit boasts a functional and efficient layout that maximizes living space, with the added benefit of being on the ground floor. The bright and inviting atmosphere, enhanced by abundant natural light, creates a comfortable and cozy home. The renovated kitchen features updated appliances and counter space, with a private fenced-in patio accessible directly from the kitchenideal for outdoor dining, grilling, or relaxing in your own exclusive outdoor space. The two generously sized bedrooms provide plenty of room for relaxation, and the updated full bathroom offers modern style. In-unit laundry adds to the convenience of this ready-to-move-in space. As a resident, you'll have access to a fantastic array of amenities and a location that can't be beat. The community features a refreshing pool for summer swims and tennis courts for friendly matches. For outdoor enthusiasts, the Four Mile Run Trail, Shirlington Dog Park, and Shirlington Park are all within walking distance. You'll also be just moments from the vibrant Village at Shirlington, with its lively restaurants, boutique shops, and Signature Theatre. Commuters will love the easy access to I-395, the Pentagon, and Washington, D.C., along with multiple Metrobus and ART bus routes. This condo offers an unbeatable opportunity to enter the Arlington housing market. Its combination of a prime ground-floor location, a comfortable living space with a private outdoor patio, and desirable amenities makes it an ideal choice for anyone looking for their first home. Discover the convenience and lifestyle that await in this fantastic Shirlington community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22206, Arlington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,942 (100%)
Owner Occupied HU	4,997 (45.7%)
Renter Occupied HU	5,350 (48.9%)
Vacant Housing Units	595 ( 5.4%)
Median Home Value	$591,529
Average Home Value	$622,679