115 Merryman Ct, Annapolis, MD, 21401 | $115/mo Cash Flow

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 Annapolis at 115 Merryman Ct, Annapolis, MD, 21401 offers a 8.03% rental yield on a $245,000 purchase with $1,639/mo rent. Total monthly income registers $1,639/mo, and a $1,199/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,385/yr on $81,218 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 112.05% and total cumulative return in cash at $91,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,639/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1973

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21401, Annapolis, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,760 (100%)
Owner Occupied HU	10,993 (55.6%)
Renter Occupied HU	7,111 (36.0%)
Vacant Housing Units	1,656 ( 8.4%)
Median Home Value	$657,978
Average Home Value	$740,220