2052 Quaker Way UNIT 7, Annapolis, MD, 21401 | $612/mo Cash Flow

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2052 Quaker Way UNIT 7, Annapolis, MD, 21401 | $612/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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 2052 Quaker Way UNIT 7, Annapolis, MD, 21401 offers a 9.48% rental yield on a $364,990 purchase with $2,882/mo rent. Total monthly income registers $2,882/mo, and a $1,786/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,349/yr on $120,994 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,840 over five years. Portfolio math shows five-year ROI at 135.46% and total cumulative return in cash at $163,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,882/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

This charming condo in the heart of Annapolis offers the perfect blend of comfort and convenience. With its modern finishes and spacious layout, youll find a cozy retreat thats ideal for both relaxing and entertaining. Key Features: Bright and airy living space with large windows that flood the home with natural light. Well-appointed kitchen with updated appliances and ample storage, perfect for culinary enthusiasts. Comfortable bedrooms with generous closet space, providing a peaceful sanctuary at the end of the day. Private balcony is ideal for morning coffee or evening sunsets. Location Highlights: Nestled in a prime location, just minutes from downtown Annapolis, where you can enjoy vibrant dining, shopping, and cultural experiences. Close proximity to scenic parks and waterfront activities, perfect for outdoor enthusiasts. Easy access to major highways and public transportation, making commuting a breeze. Dont miss your chance to call this lovely condo your home! Schedule a tour today and experience all that 2052 Quaker Way has to offer.

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