992 Riversedge CirAnnapolisMD21401
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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 992 Riversedge Cir, Annapolis, MD, 21401 offers a 8.26% rental yield on a $425,000 purchase with $2,924/mo rent. Total monthly income registers $2,924/mo, and a $2,080/mo payment leaves $281/mo available for distribution. Annual cash flow reaches $3,371/yr on $140,888 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 115.7% and total cumulative return in cash at $163,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,924/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
1,918 sqft 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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