2707 Summerview Way APT 101AnnapolisMD21401
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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 2707 Summerview Way APT 101, Annapolis, MD, 21401 offers a 10.23% rental yield on a $359,900 purchase with $3,067/mo rent. Total monthly income registers $3,067/mo, and a $1,762/mo payment leaves $828/mo available for distribution. Annual cash flow reaches $9,938/yr on $119,307 to close, and return on cash invested stands at 28.24% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 147.56% and total cumulative return in cash at $176,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,067/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
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 |
Housing Distribution
Address Breakdown
Residential
18,554
Single Family
14,395
Multi-Family
4,159
Businesses
3,390
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