523 24th St SArlingtonVA22202
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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 Arlington at 523 24th St S, Arlington, VA, 22202 offers a 5.23% rental yield on a $1,050,000 purchase with $4,579/mo rent. 38% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,096 over five years. Portfolio math shows five-year ROI at 72.83% and total cumulative return in cash at $247,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,579/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
7,500 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,197
Single Family
2,333
Multi-Family
15,864
Businesses
1,041
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