78 Old Mill Bottom Rd N #107,Annapolis,MD,21409

Investment Highlights

Investment property for sale in Annapolis at 78 Old Mill Bottom Rd N #107, Annapolis, MD, 21409 uses $162,402 cash to close to unlock $8,495/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $3,755/mo, and a $2,398/mo payment keeps the spread at $708/mo. Purchase price stands at $489,900, and rental yield measures 9.2% with $3,755/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 130.92% and total cumulative return in cash records $212,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,755/mo property income covering a $2,398/mo payment rather than investor’s personal income.