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Annapolis, MD Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,327
Monthly Cash Flow
-$1,237
Principal + Equity
$2,585
Annual Total Gain
$16,165
Cash on Cash
-9.71%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$386
Occupancy Rate
46.67%
Monthly Revenue
$4,085
Monthly Cash Flow
-$92
Principal + Equity
$2,585
Annual Total Gain
$29,907
Cash on Cash %
-0.72%
Net ROI %
Market Health & Growth
Median Income
$104,257
Population
40,744
LTR Renter %
40.15%
Forecast (1 yr)
0.55%
Appreciation (1 yr)
2.31%
Appreciation (5 yr)
31.97%
Appreciation (10 yr)
50.18%
Job Growth
3.46%
LTR Rentability
High
STR Demand
51
STR Rentals
806
Top Public Schools
A-Crofton High School
A-Chesapeake Science Point Public Charter School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Places to Retire in Maryland
#23out of 279 markets
Best Places for Young Professionals in Maryland
#44out of 466 markets
Best Suburbs for Young Professionals in Maryland
#4out of 195 markets
B-
Public School
C-
Crime And Safety
C-
Housing
A-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Annapolis, MD.
Annapolis, MD has specific regulations in place for Short Term Rentals (STR) that investors should be aware of before purchasing a property for this purpose. Some key regulations include:
1. Licensing: All short term rental properties in Annapolis must be licensed by the city. This includes obtaining a Short Term Rental License and paying an annual fee.
2. Zoning restrictions: Annapolis has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. Occupancy limits: Annapolis has occupancy limits for short term rental properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are in compliance.
4. Safety regulations: Short term rental properties in Annapolis must meet certain safety requirements, such as having working smoke detectors and fire extinguishers. Investors should ensure that their property meets these requirements before renting it out.
5. Taxation: Short term rental properties in Annapolis are subject to certain taxes, including the city's transient occupancy tax. Investors should be aware of these tax obligations and factor them into their financial planning.
6. Noise regulations: Annapolis has noise regulations in place that apply to short term rental properties. Investors should ensure that their property complies with these regulations to avoid potential fines or penalties.
Overall, investors considering purchasing a property for short term rental in Annapolis should thoroughly research and understand the city's regulations to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Annapolis, MD, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Annapolis, MD.
The LTR Genie Score of Annapolis, MD is 53 and STR Genie Score is 58, indicating that both long-term rental and short-term rental investment opportunities are moderately favorable in this market. The LTR Rentability is high, suggesting a strong demand for long-term rentals in Annapolis. The LTR Net ROI of 10.57% is also promising, although the LTR Rent Growth Rate is relatively low at 0.0412%. On the other hand, the STR Net ROI of 19.56% and the STR Genie Score of 58 indicate that short-term rental investments may offer higher returns in Annapolis. The 1-Year Price Appreciation Forecast of 0.55% suggests modest growth potential in property values.
Annapolis, MD is a historic city known for its picturesque waterfront, charming downtown area, and rich maritime heritage. The city attracts tourists, sailors, and history enthusiasts, making it a popular destination for short-term rentals. Additionally, Annapolis is home to the United States Naval Academy, which could provide a steady demand for long-term rentals from students, faculty, and military personnel.
Overall, Annapolis, MD appears to offer opportunities for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns in this market. However, thorough market research and due diligence are recommended to ensure a successful investment in Annapolis.
LTR Genie Score 93
$275,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,280 sqft.🏠 SINGLE FAMILY
