7513 Allendale Dr · Landover, MD 20785

$240,000

3 bd · 1.5 ba · 1,320 sqft · Townhouse public records · 155 Days on market

Built 1959 3,485 sqft lot $182/sqft · 23% below area Est $310k · 23% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.2/30.0
• ARV discount +15.0/15.0
• DSCR +5.7/10.0
• 1% rule +4.6/10.0
• Rent growth +3.6/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEW PRICE IMPROVEMENT! Calling all investors and renovation buyers! This end-unit townhome presents 1320 sq. ft. of untapped potential in a desirable neighborhood. With 3 bedrooms and 1 bathroom, this property is perfectly positioned for your value-add strategy.

Key facts

• Built 1959
• Listed 155 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $240k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (3.9% below list).
• Recommended offer: $211k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.9% in Landover — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#194 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+; Watch: health & safety C-, schools F, crime F.
• Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+4.3%/yr); 133 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 155 days — a 12% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $148k; list at $240k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 155 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 7.37%
• Cash-on-cash: 3.85%
• DSCR: 1.17
• GRM: 8.7

CMA / ARV

• ARV (median comp): $310,263
• List price: $240,000
• Delta: -22.65%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7509 Allendale Dr	0.02mi	3/1.5	1,320 (0%)	2mo	$208,000	$158	97
7630 Allendale Dr	0.14mi	3/1.5	1,320 (0%)	1mo	$325,000	$246	92
7614 Allendale Dr	0.10mi	3/1.5	1,280 (-3%)	4mo	$245,900	$192	86
1780 Village Green Dr Unit C-68	0.20mi	3/2.0	1,282 (-3%)	4mo	$180,000	$140	81
7615 Oxman Rd	0.33mi	3/2.0	1,274 (-4%)	0mo	$330,000	$259	77
1801 Cedarwood	0.45mi	3/2.0	1,300 (-2%)	1mo	$362,000	$278	74
1849 Village Green Dr	0.16mi	3/2.0	1,174 (-11%)	1mo	$160,000	$136	71
1732 Dutch Village Dr Unit N-369	0.20mi	4/2.0 (+1)	1,180 (-11%)	1mo	$191,000	$162	65
1825 Village Green Dr	0.15mi	4/2.0 (+1)	1,171 (-11%)	2mo	$236,900	$202	65
1852 Village Green Dr Unit E-122	0.19mi	4/2.0 (+1)	1,180 (-11%)	3mo	$230,000	$195	64
8110 Sheriff Rd	0.57mi	3/1.5	1,188 (-10%)	0mo	$280,000	$236	56
1368 Nalley Ter	0.54mi	3/1.5	1,160 (-12%)	1mo	$313,000	$270	54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.3% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.67×
• Total profit: $-22,102
• Equity at exit: $35,785

10-year hold

• IRR: 2.2%
• Equity multiple: 1.17×
• Total profit: $11,325
• Equity at exit: $20,751

Cash invested: $67,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 20785

• Home prices YoY: -30.4%
• Rents YoY: 4.3%
• Active inventory: 133
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,307 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$249 /mo · $2,984/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$485
• Net cashflow: $216

Break-even live

Break-even rent $2,035

Max offer price $240,000

Occupancy floor 86%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7607 Burnside Rd Hyattsville, MD	3.0	1.5	1280	$2,200	$1.72	43d	1	0.05mi
7714 Greymont St Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	17d	1	0.11mi
7711 Burnside Rd Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	18d	1	0.11mi
1846 Cedarwood Ct Hyattsville, MD	3.0	2.5	1120	$2,150	$1.92	43d	1	0.39mi
2500 Markham Ln #5 Hyattsville, MD	2.0	2.0	1028	$2,000	$1.95	24d	1	0.54mi
2014 E Marlboro Ave Hyattsville, MD	1.0–3.0	1.0–2.0	987	$1,874	$1.90	1d	2	0.56mi
1741 Countrywood Ct Hyattsville, MD	3.0	2.0	1312	$2,295	$1.75	24d	1	0.58mi
1746 Countrywood Ct Hyattsville, MD	3.0	2.5	1296	$2,450	$1.89	11d	1	0.58mi
1127 Ivy Club Ln Hyattsville, MD	1.0–2.0	1.0–2.0	826	$1,999	$2.42	2d	7	0.73mi
1842 Ryderwood Ct Hyattsville, MD	4.0	3.5	1680	$3,199	$1.90	18d	1	0.75mi
2712 Red Oak Ln Glenarden, MD	3.0	2.0	1200	$2,400	$2.00	18d	1	0.79mi
916 Portia Ct Hyattsville, MD	3.0	2.5	1029	$2,800	$2.72	43d	1	0.85mi
3131 82nd Ave Hyattsville, MD	3.0	1.0	962	$1,450	$1.51	43d	1	0.88mi
3119 75th Ave Hyattsville, MD	2.0	2.0	1018	$1,786	$1.75	43d	1	1.01mi
7290 Mahogany Dr Hyattsville, MD	3.0	2.5	1300	$2,400	$1.85	4d	1	1.01mi
7626 Green Willow Ct Hyattsville, MD	4.0	3.0	1220	$2,850	$2.34	18d	1	1.13mi
6706 Central Hills Ter Hyattsville, MD	3.0	2.5	1212	$2,500	$2.06	43d	1	1.16mi
2754 Zeek Ln Lanham, MD	3.0	2.5	1616	$3,000	$1.86	43d	1	1.17mi
7727 Swan Ter Hyattsville, MD	3.0	2.5	1700	$2,200	$1.29	17d	1	1.20mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,395	$2.08	1d	1	1.36mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,400	$2.08	43d	1	1.36mi
8251 Ridgefield Blvd Landover, MD	2.0–4.0	1.5–2.5	1182	$2,643	$2.24	1d	54	1.43mi
8100 Gibbs Way Hyattsville, MD	1.0–3.0	1.0–2.5	1082	$2,825	$2.61	1d	58	1.45mi

Listing history 30 events

1. 2026-06-18
   days on market $240,000 Active 155 DOM
2. 2026-06-17
   days on market $240,000 Active 154 DOM
3. 2026-06-16
   days on market $240,000 Active 153 DOM
4. 2026-06-15
   days on market $240,000 Active 152 DOM
5. 2026-06-13
   days on market $240,000 Active 150 DOM
6. 2026-06-10
   days on market $240,000 Active 146 DOM
7. 2026-06-08
   days on market $240,000 Active 145 DOM
8. 2026-06-07
   days on market $240,000 Active 144 DOM
9. 2026-06-04
   days on market $240,000 Active 141 DOM
10. 2026-06-03
    days on market $240,000 Active 140 DOM
11. 2026-06-02
    days on market $240,000 Active 139 DOM
12. 2026-06-01
    days on market $240,000 Active 138 DOM
13. 2026-05-31
    days on market $240,000 Active 137 DOM
14. 2026-02-09
    price $240,000 262-char remark

    Show marketing remark (262 chars)

    NEW PRICE IMPROVEMENT! Calling all investors and renovation buyers! This end-unit townhome presents 1320 sq. ft. of untapped potential in a desirable neighborhood. With 3 bedrooms and 1 bathroom, this property is perfectly positioned for your value-add strategy.

15. 2026-01-14
    listed $260,000 Active 262-char remark

    Show marketing remark (262 chars)

    NEW PRICE IMPROVEMENT! Calling all investors and renovation buyers! This end-unit townhome presents 1320 sq. ft. of untapped potential in a desirable neighborhood. With 3 bedrooms and 1 bathroom, this property is perfectly positioned for your value-add strategy.

16. 2025-05-02
    historical
17. 2025-02-03
    listed $260,000 Active
18. 2024-12-17
    historical
19. 2024-08-19
    historical
20. 2024-06-26
    listed $275,000 Active
21. 2024-06-19
    historical
22. 2016-11-16
    soldstatus $148,000
23. 2016-09-29
    soldstatus $148,000 Sold
24. 2016-09-29
    soldstatus $148,000
25. 2016-07-08
    status Contract
26. 2016-07-02
    listed $150,000 Active
27. 2005-01-05
    historical
28. 2004-10-31
    listed
29. 1995-09-12
    soldstatus $74,500
30. 1975-04-28
    soldstatus $13,603

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $2,984 · $249/mo
• Projected year-2 tax: $2,984 · $249/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,688
• − Mortgage interest: −$13,444
• − Property taxes: −$2,984
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,215
• − Management: −$2,215
• − Depreciation: −$6,982
• Taxable loss: −$1,352
• Est. tax savings @ 24.0%: +$324
• After-tax cash flow: $2,911/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Prince George'S County Public Schools
• NCES district ID: 2400510
• Math proficiency: 8% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $73,967
• Composite: 16.82/100
• National rank: #9151
• State rank: #21 of 24 in MD

Livability — Landover

• Score: 69/100
• State rank: #194
• US rank: #8942

Category grades

Amenities F Commute A+ Cost of living C+ Crime F Employment B- Housing A+ Health & safety C- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Landover, MD
• County: Prince Georges County · 919,866 people
• City population: 40,946
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 40,066
• Household income: $85,994
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 1927.0

Population outlook (Prince George's County) Hauer SSP2

• Today (2025): 1,005,426 people
• By 2030: 1,048,416 · +4.3%
• By 2040: 1,123,425 · +11.7%
• By 2050: 1,183,220 · +17.7%
• By 2075: 1,306,202 · +29.9%
• By 2100: 1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (70%)
• Race & ethnicity: Black 70% Hispanic / Latino 16% White 6% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 3% Dominican 1%
• Common ancestry: Hispanic 2% Swiss 0%
• Foreign-born: 21% · Canada, United Kingdom, China
• Languages at home: 74% English-only · Spanish 13% French/Haitian/Cajun 4% Other Indo-European 1%

Political lean MEDSL · Prince George's

• 2024 margin: Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
• All cycles: 2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -137.48%
• Current HPI: 314.7413
• Rent YoY: ▲ 4.30%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+1664.3% since first listed

17 events — show timeline

• 2026-02-09 Price Changed $240,000 BRIGHT MLS
• 2026-01-14 Listed $260,000 BRIGHT MLS
• 2025-05-02 Listing Removed — BRIGHT MLS
• 2025-02-03 Listed $260,000 BRIGHT MLS
• 2024-12-17 Coming Soon — BRIGHT MLS
• 2024-08-19 Listing Removed — BRIGHT MLS
• 2024-06-26 Listed $275,000 BRIGHT MLS
• 2024-06-19 Coming Soon — BRIGHT MLS
• 2016-11-16 Sold (Public Records) $148,000 Public Records
• 2016-09-29 Sold (MLS) $148,000 BRIGHT MLS
• 2016-09-29 Sold (MLS) $148,000 MRIS
• 2016-07-08 Pending — MRIS
• 2016-07-02 Listed $150,000 MRIS
• 2005-01-05 Delisted — MRIS
• 2004-10-31 Listed — MRIS
• 1995-09-12 Sold (Public Records) $74,500 Public Records
• 1975-04-28 Sold (Public Records) $13,603 Public Records

Property tax history

+7.1%/yr

Latest (2025): $2,984 · +4.0% YoY. Source: county tax records.