13 Silverwood Cir APT 6AnnapolisMD21403
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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 13 Silverwood Cir APT 6, Annapolis, MD, 21403 offers a 8.4% rental yield on a $260,000 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $1,273/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,430/yr on $86,190 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 118.03% and total cumulative return in cash at $101,729. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A 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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