851 N Glebe Rd APT 1608, Arlington, VA, 22203 | $407/mo Cash Flow

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851 N Glebe Rd APT 1608, Arlington, VA, 22203 | $407/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 851 N Glebe Rd APT 1608, Arlington, VA, 22203 earns $407/mo cash flow from $3,097/mo rent with a $2,203/mo payment. Total monthly income totals $3,097/mo, and annual cash flow totals $4,878/yr on $149,175 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.26% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 120.11% and total cumulative return in cash sums $179,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,097/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Residence 1608 at The Continental an oversized one-bedroom, one-bath home offering sweeping city views from Ballston to Crystal City and the heart of Washington, D.C. Step inside this freshly painted, sun-filled 750 sq. ft. unit and immediately feel the tranquility offered by this modern, open-concept layout. The kitchen features spotless granite countertops, cherrywood cabinetry, a gas range, a brand-new refrigerator, and a breakfast bar thats perfect for casual dining or entertaining guests. The living room is anchored by a cozy gas fireplace, with plenty of space for both a lounge area and a work-from-home setupall while enjoying those expansive skyline views. The large bedroom offers another wall of windows, a walk-in closet, and in-unit laundry for ultimate convenience. The bathroom is complete with a soaking tub, oversized vanity, and stylish tile flooring. This home also includes a dedicated garage parking space and bike storage. Living at The Continental means access to luxury amenities, including: Rooftop pool and penthouse gym with panoramic views of DC, Tyson's, and beyond; Outdoor lounge with grills and gazebo; Conference rooms, library, and multiple workspaces; Secure front desk and controlled access for peace of mind All of this is just a 3-minute walk to Ballston Metro, with top dining, shopping, and entertainment right at your doorstep.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22203, Arlington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,261 (100%)
Owner Occupied HU	4,114 (25.3%)
Renter Occupied HU	9,939 (61.1%)
Vacant Housing Units	2,208 (13.6%)
Median Home Value	$855,386
Average Home Value	$890,987