203 Victor Pkwy UNIT 203LAnnapolisMD21403
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 203 Victor Pkwy UNIT 203L, Annapolis, MD, 21403 in Annapolis. At $254,900 it earns $2,419/mo in rent and distributes $444/mo to the owner after the $1,146/mo payment, a consistent 11.39% yield. DSCR 2.11 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $70,424 in value; $2,348/yr in principal paydown compounds ownership stake. Total projected return: $150,387.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.4% |
| Monthly Cash Flow | $444 | $1,850 |
City averages based on Annapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,419 |
| Total Monthly Debt Service | $1,484 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1971
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices