1732 Dutch Village Dr Unit N-369 · Landover, MD 20785

$180,000

4 bd · 2.0 ba · 1,180 sqft · Townhouse public records · 13 Days on market

Built 1986 Est $278k · 35% under $415/mo HOA · 17% of rent

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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 +21.8/30.0
• ARV discount +15.0/15.0
• 1% rule +8.5/10.0
• DSCR +7.0/10.0
• 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

Discover the potential in this 4-bedroom, 2-bath townhouse in Windmill Square, ideally located in the heart of Landover. Offering 1,180 sq. ft. of versatile living space, this home presents a fantastic opportunity for investors or buyers looking to add their own personal touch. The practical layout, including an optional main-level bedroom or flexible additional living space and upper-level laundry, provides options and convenience. Property appraised at $190,000. Located close to major commuter routes and urban amenities, this property is full of possibility—whether you’re building your portfolio or creating a space to truly make your own.

Key facts

• Upper-level laundry
• Urban amenities
• $415 HOA

Tags

• VERSATILE LIVING SPACE
• OPTIONAL MAIN-LEVEL BEDROOM
• UPPER-LEVEL LAUNDRY
• MAJOR COMMUTER ROUTES
• URBAN AMENITIES

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath townhouse listed at $180k.

Deal economics

• At list price, monthly cash flow is $279 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 8.2% vs local median 5.0% 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); 137 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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 34% 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 $1k of loan paydown is wiped out by about $5k 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

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $108k; list at $180k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $180,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.35% ✓
• Cap rate: 8.16%
• Cash-on-cash: 6.65%
• DSCR: 1.30
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $278,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1732 Dutch Village Dr Unit N-369	0.00mi	4/2.0	1,180 (0%)	1mo	$191,000	$162	99
1825 Village Green Dr	0.13mi	4/2.0	1,171 (-1%)	2mo	$236,900	$202	91
1852 Village Green Dr Unit E-122	0.20mi	4/2.0	1,180 (0%)	3mo	$230,000	$195	88
1849 Village Green Dr	0.18mi	3/2.0 (-1)	1,174 (-0%)	1mo	$160,000	$136	85
1780 Village Green Dr Unit C-68	0.07mi	3/2.0 (-1)	1,282 (+9%)	4mo	$180,000	$140	74
1368 Nalley Ter	0.38mi	3/1.5 (-1)	1,160 (-2%)	1mo	$313,000	$270	72
1801 Cedarwood	0.30mi	3/2.0 (-1)	1,300 (+10%)	1mo	$362,000	$278	64
8110 Sheriff Rd	0.65mi	3/1.5 (-1)	1,188 (+1%)	0mo	$280,000	$236	61
7630 Allendale Dr	0.23mi	3/1.5 (-1)	1,320 (+12%)	1mo	$325,000	$246	61
7509 Allendale Dr	0.21mi	3/1.5 (-1)	1,320 (+12%)	2mo	$208,000	$158	61
7615 Oxman Rd	0.53mi	3/2.0 (-1)	1,274 (+8%)	0mo	$330,000	$259	57
7626 Greenleaf	0.48mi	3/1.0 (-1)	1,084 (-8%)	3mo	$305,000	$281	53

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: -4.1%
• Equity multiple: 0.84×
• Total profit: $-7,854
• Equity at exit: $26,839

10-year hold

• IRR: 7.5%
• Equity multiple: 1.61×
• Total profit: $30,839
• Equity at exit: $15,563

Cash invested: $50,400 (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: 137
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,437 high
• Mortgage (P&I): −$944
• Tax from tax record: −$212 /mo · $2,541/yr
• Insurance: −$75
• HOA: −$415
• Vacancy / Maint / Mgmt: −$512
• Net cashflow: $279

Break-even live

Break-even rent $2,083

Max offer price $180,000

Occupancy floor 84%

Sensitivity live

Price	-10% $381	-5% $330	+0% $279	+5% $229	+10% $178
Rent	-10% $87	-5% $183	+0% $279	+5% $376	+10% $472
Rate	-1.0pp $370	-0.5pp $325	base $279	+0.5pp $233	+1.0pp $185

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7607 Burnside Rd Hyattsville, MD	3.0	1.5	1280	$2,200	$1.72	45d	1	0.21mi
1846 Cedarwood Ct Hyattsville, MD	3.0	2.5	1120	$2,150	$1.92	45d	1	0.26mi
7714 Greymont St Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	18d	1	0.26mi
7711 Burnside Rd Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	19d	1	0.27mi
7721 Bender Rd Hyattsville, MD	3.0	1.0	884	$2,500	$2.83	0d	1	0.34mi
1746 Countrywood Ct Hyattsville, MD	3.0	2.5	1296	$2,450	$1.89	12d	1	0.44mi
1741 Countrywood Ct Hyattsville, MD	3.0	2.0	1312	$2,295	$1.75	25d	1	0.45mi
2014 E Marlboro Ave Hyattsville, MD	1.0–3.0	1.0–2.0	987	$1,874	$1.90	0d	3	0.51mi
7720 Penbrook Pl Hyattsville, MD	5.0	2.0	1098	$2,200	$2.00	45d	1	0.57mi
916 Portia Ct Hyattsville, MD	3.0	2.5	1029	$2,800	$2.72	45d	1	0.75mi
7290 Mahogany Dr Hyattsville, MD	3.0	2.5	1300	$2,400	$1.85	5d	1	0.86mi
2712 Red Oak Ln Glenarden, MD	3.0	2.0	1200	$2,400	$2.00	19d	1	0.95mi
6706 Central Hills Ter Hyattsville, MD	3.0	2.5	1212	$2,500	$2.06	45d	1	0.99mi
7626 Green Willow Ct Hyattsville, MD	4.0	3.0	1220	$2,850	$2.34	19d	1	1.01mi
3131 82nd Ave Hyattsville, MD	3.0	1.0	962	$1,450	$1.51	45d	1	1.06mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,400	$2.08	45d	1	1.19mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,395	$2.08	3d	1	1.19mi
8100 Gibbs Way Hyattsville, MD	1.0–3.0	1.0–2.5	1082	$2,810	$2.60	0d	54	1.36mi
8251 Ridgefield Blvd Landover, MD	2.0–4.0	1.5–2.5	1182	$3,221	$2.73	0d	54	1.36mi
903 Glen Willow Dr Capitol Heights, MD	2.0–3.0	1.0	885	$2,115	$2.39	0d	3	1.42mi

HOA detail

• Monthly dues: $415 · $4,980/yr

Listing history 28 events

1. 2026-04-28
   status Pending
2. 2026-04-15
   listed $180,000 Active
3. 2017-12-19
   historical Temporarily Off-Market
4. 2017-12-19
   historical
5. 2017-12-14
   listed Active
6. 2017-12-14
   listed $119,000
7. 2015-10-07
   historical
8. 2015-06-30
   listed $55,000
9. 2015-06-30
   historical
10. 2015-06-30
    listed
11. 2015-06-30
    historical Withdrawn
12. 2010-10-06
    soldstatus $108,000
13. 2010-09-16
    soldstatus $108,000 Sold
14. 2010-09-16
    soldstatus $108,000
15. 2010-04-23
    status Contract
16. 2010-04-22
    historical
17. 2009-12-06
    listed $145,000 Active
18. 2009-12-06
    listed $145,000
19. 2004-07-12
    soldstatus $89,000
20. 2003-12-04
    soldstatus $89,000
21. 2003-11-01
    historical
22. 2003-10-15
    listed $92,000
23. 2000-10-06
    historical
24. 2000-07-07
    soldstatus $38,000
25. 2000-04-26
    historical
26. 2000-04-22
    listed $35,490
27. 1999-10-07
    listed
28. 1987-07-16
    soldstatus $63,900

ⓘ 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: $2,541 · $212/mo
• Projected year-2 tax: $2,541 · $212/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 19% 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: $29,243
• − Mortgage interest: −$10,083
• − Property taxes: −$2,541
• − Insurance: −$900
• − Repairs & maintenance: −$2,339
• − Management: −$2,339
• − HOA: −$4,980
• − Depreciation: −$5,236
• Taxable income: $824
• Est. tax owed @ 24.0%: −$198
• After-tax cash flow: $3,156/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

+181.7% since first listed

28 events — show timeline

• 2026-04-28 Pending — BRIGHT MLS
• 2026-04-15 Listed $180,000 BRIGHT MLS
• 2017-12-19 Listing Removed — BRIGHT MLS
• 2017-12-19 Delisted — MRIS
• 2017-12-14 Listed $119,000 BRIGHT MLS
• 2017-12-14 Listed — MRIS
• 2015-10-07 Listing Removed — BRIGHT MLS
• 2015-06-30 Delisted — MRIS
• 2015-06-30 Listed — MRIS
• 2015-06-30 Delisted — MRIS
• 2015-06-30 Listed $55,000 BRIGHT MLS
• 2010-10-06 Sold (Public Records) $108,000 Public Records
• 2010-09-16 Sold (MLS) $108,000 BRIGHT MLS
• 2010-09-16 Sold (MLS) $108,000 MRIS
• 2010-04-23 Pending — MRIS
• 2010-04-22 Listing Removed — BRIGHT MLS
• 2009-12-06 Listed $145,000 MRIS
• 2009-12-06 Listed $145,000 BRIGHT MLS
• 2004-07-12 Sold (Public Records) $89,000 Public Records
• 2003-12-04 Sold (MLS) $89,000 MRIS
• 2003-11-01 Delisted — MRIS
• 2003-10-15 Listed $92,000 MRIS
• 2000-10-06 Delisted — MRIS
• 2000-07-07 Sold (MLS) $38,000 MRIS
• 2000-04-26 Delisted — MRIS
• 2000-04-22 Listed $35,490 MRIS
• 1999-10-07 Listed — MRIS
• 1987-07-16 Sold (Public Records) $63,900 Public Records

Property tax history

+8.3%/yr

Latest (2022): $2,541 · +11.5% YoY. Source: county tax records.