986 Yachtsman WayAnnapolisMD21403
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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
Rental property for sale in Annapolis at 986 Yachtsman Way, Annapolis, MD, 21403 priced at $405,999 pairs $3,018/mo rent with $493/mo cash flow after a $1,987/mo payment. Total monthly income equals $3,018/mo, and annual cash flow comes to $5,917/yr on $134,589 invested. Return on cash invested is 24.31% in year one, and rental yield stands at 8.92% on a $405,999 basis. Equity gained on principal adds $2,620/yr, and 5% annual appreciation accumulates to $112,170 by year five. Five-year ROI measures 126.49% and total cumulative return in cash reaches $170,235. For financing, Ziffy Mortgage’s DSCR program evaluates $3,018/mo property income against a $1,987/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
4,567 sqft 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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