790 Fairview Ave #790-CAnnapolisMD21403
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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 790 Fairview Ave #790-C, Annapolis, MD, 21403 uses $124,313 cash to close to unlock $4,045/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,669/mo, and a $1,835/mo payment keeps the spread at $337/mo. Purchase price stands at $375,000, and rental yield measures 8.54% with $2,669/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash records $149,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,669/mo property income covering a $1,835/mo payment rather than investor’s personal income.
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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