113 Quiet Waters PlAnnapolisMD21403
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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
Rental property for sale in Annapolis at 113 Quiet Waters Pl, Annapolis, MD, 21403 priced at $424,900 converts $3,631/mo rent into $988/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,631/mo, and annual cash flow totals $11,856/yr on $140,854 invested. Return on cash invested prints 28.33% in year one, and rental yield reads 10.25% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 148.06% and total cumulative return in cash sums $208,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,631/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
1,594 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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