851 N Glebe Rd APT 707, Arlington, VA, 22203 | $341/mo Cash Flow

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851 N Glebe Rd APT 707, Arlington, VA, 22203 | $341/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 707, Arlington, VA, 22203 earns $341/mo cash flow from $2,881/mo rent with a $2,080/mo payment. Total monthly income totals $2,881/mo, and annual cash flow totals $4,087/yr on $140,888 capital. ROI tracks 22.81% on current figures, and rental yield reads 8.13% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash sums $166,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,881/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

Dont miss this incredible opportunity at The Continentalthis home offers an assumable VA loan at an exceptionally low 2.375% interest rate (loan is approximately $295,000), and VA eligibility is not required to qualify. Upon entry, youre welcomed by an open and inviting one-bedroom layout with hardwood floors throughout the living and bedroom areas. The kitchen is appointed with wood cabinetry, granite countertops, and stainless steel appliances, while a cozy gas fireplace in the family room adds charm and warmth. The spacious primary bedroom features a large walk-in closet, and an assigned garage parking space (3-11 on the G3 level) is also included. Enjoy sweeping, unobstructed views along with premier building amenities: a rooftop deck with pool, fire pits, and grills; a fully equipped fitness center; party room; theater room; and 24-hour conciergeall with a low condo fee. With a remarkable Walk Score of 96, this prime location offers the best of convenience and lifestyle. Steps from Ballston Metro and Ballston Quarter, youll have easy access to top restaurants, shopping, and entertainment. Whole Foods, Trader Joes, and Harris Teeter are all nearby, along with multiple parks and trails including Bluemont Junction Trail, Custis Trail, Lubber Run Park, and Bon Air Park Rose Garden. Commuting is effortless with quick connections to I-66, Route 50, Route 29, Reagan National Airport, and downtown DC, plus nearby Virginia Square and Clarendon Metro stations. This is more than just a homeits a complete lifestyle. Schedule your showing today to experience all that The Continental has to offer!

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