1031 Old Bay Ridge RdAnnapolisMD21403
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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 Annapolis at 1031 Old Bay Ridge Rd, Annapolis, MD, 21403 earns from $3,646/mo rent with a $3,617/mo payment. Total monthly income totals $3,646/mo. ROI tracks 15.37% on current figures, and rental yield reads 5.92% at a $739,000 purchase. Equity gained on principal adds $4,769/yr, and 5% annual appreciation supports $204,172 over five years. Five-year ROI reaches 78.51% and total cumulative return in cash sums $190,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,646/mo property income instead of your personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21403, Annapolis, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,308 (100%) |
| Owner Occupied HU | 8,614 (60.2%) |
| Renter Occupied HU | 4,389 (30.7%) |
| Vacant Housing Units | 1,305 ( 9.1%) |
| Median Home Value | $651,444 |
| Average Home Value | $764,644 |
Housing Distribution
Address Breakdown
Residential
13,952
Single Family
10,117
Multi-Family
3,835
Businesses
800
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