755 Fairview Ave APT DAnnapolisMD21403
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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 755 Fairview Ave APT D, Annapolis, MD, 21403 offers a 8.28% rental yield on a $639,950 purchase with $4,418/mo rent. Total monthly income registers $4,418/mo, and a $3,132/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,257/yr on $210,544 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $4,130/yr while 5% annual appreciation supports $176,806 over five years. Portfolio math shows five-year ROI at 117.07% and total cumulative return in cash at $246,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,418/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
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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