1113 Primrose Ct APT 302AnnapolisMD21403
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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 1113 Primrose Ct APT 302, Annapolis, MD, 21403 earns $448/mo cash flow from $2,470/mo rent with a $1,591/mo payment. Total monthly income totals $2,470/mo, and annual cash flow totals $5,380/yr on $107,738 capital. ROI tracks 24.9% on current figures, and rental yield reads 9.12% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash sums $139,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,470/mo property income instead of your personal income.
Condo
Built in 1969
1,269 sqft 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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