1143 August DrAnnapolisMD21403
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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 1143 August Dr, Annapolis, MD, 21403 generates $4,427/mo in rent and, after a $2,692/mo payment, leaves $1,006/mo in cash flow. Total monthly income is $4,427/mo, and annual cash flow is $12,075/yr on $180,950 invested. Return on cash invested sits at 26.73% in year one, and rental yield is 9.66% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 139.46% and total cumulative return in cash sums $252,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,427/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
1,839 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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