2108 Chesapeake Harbour Dr E #201, Annapolis, MD, 21403 | 6.87% Rental Yield

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2108 Chesapeake Harbour Dr E #201, Annapolis, MD, 21403 | 6.87% Rental Yield | Ziffy

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 2108 Chesapeake Harbour Dr E #201, Annapolis, MD, 21403 listed at $645,000 pairs $3,694/mo rent with a $3,157/mo payment. Total monthly income runs $3,694/mo. Return on cash invested measures 18.26% in year one, and rental yield registers 6.87% at a $645,000 basis. Equity gained on principal adds $4,162/yr, and annual property appreciation at 5% supports $178,202 by year five. Five-year ROI tracks 94.04% and total cumulative return in cash totals $199,552. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,694/mo property income relative to a $3,157/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Buyer's home contingency fell through. Now is your chance to call this HOME! Welcome to this totally updated condo in the desirable Chesapeake Harbor section of Annapolis. Whether you're looking for a worry-free vacation spot or a serene place to call home, this 3-bedroom, 3 full bath sanctuary with a gourmet kitchen and totally updated baths has you covered with over 1,700 square feet of style and comfort. This Bayfront community allows you to vacation at home year round. Take a stroll around the marina or decide if you want to lounge at one of the 2 pools, play tennis or pickle ball, or take your kayak out and watch the sunrise over the Bay Bridge, the choices are endless. Enjoy visiting The Beacon where you can grab a drink at the outdoor bar, Proud Mary's or go inside for brunch or dinner as you watch the boats bob in the marina. Looking for more options? Historic downtown Annapolis's fantastic restaurants and shopping are just a stone's throw away making every day feel like a vacation. Enjoy the tranquility of a pet-friendly environment and embrace the best of both a coastal retreat and vibrant city life!

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