271 Janet Ct · Marlboro Meadows, MD 20711

$174,500

3 bd · 2.0 ba · 2,000 sqft · SingleFamily · 19 Days on market

Built 2002 Fair condition Est $146k · 20% over

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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 +25.4/30.0
• DSCR +8.4/10.0
• 1% rule +6.7/10.0
• Livability +3.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

If you want a lot of house for the money, this is it. This 2002 triple-wide in Boones Estates Mobile Home Park delivers close to 2,000 square feet of living space — more room than most site-built homes at this price point. Three bedrooms, two full baths, and the kind of square footage that you simply don't find at this price in Anne Arundel County. The lot rent comes in at $1,306 per month and covers a lot — water, sewer, trash, snow removal, and access to the community pool. Built in 2002, this home has good bones and plenty of space to make it your own. Whether you're upsizing from an apartment, looking for an affordable alternative to renting, or just need room to spread out,

Key facts

• 2 parking spots
• Community pool
• Built 2002

Property features AI

Exterior

• Parking: Driveway with two parking spaces (total of 2 garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Manufactured home; Fee simple ownership; Above-grade finished living space (estimated 2,000)
• Construction: Above grade other structures
• Exterior features: Community pool; No tidal water

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Forced air heating; Central air conditioning (electric); Electric hot water
• Interior features: Estimated living area

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $174k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $401 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $174k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#327 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: schools D, amenities F, commute F.
• Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 50 active listings in the ZIP; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).

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.
• Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $171,882 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-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. 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.
5. 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.
6. 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: 1.17% ✓
• Cap rate: 9.05%
• Cash-on-cash: 9.86%
• DSCR: 1.44
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $146,000
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
460 Sarah Anne Dr	0.17mi	3/2.0	1,920 (-4%)	3mo	$160,000	$83	83
448 Sarah Anne Dr	0.12mi	4/2.0 (+1)	1,960 (-2%)	7mo	$155,000	$79	80
308 Berts Dr	0.09mi	4/2.0 (+1)	1,900 (-5%)	9mo	$138,000	$73	75
255 Rips Dr	0.05mi	4/2.0 (+1)	1,900 (-5%)	19mo	$127,500	$67	69
95 Mary Lou Dr	0.14mi	3/2.0	2,100 (+5%)	23mo	$130,000	$62	66
474 Sarah Anne Dr	0.13mi	3/2.0	1,848 (-8%)	19mo	$135,000	$73	65
442 Sarah Anne Dr	0.16mi	4/2.0 (+1)	1,900 (-5%)	21mo	$148,000	$78	62
88 Edward Ln	0.15mi	3/2.0	1,750 (-12%)	14mo	$94,000	$54	60
222 Ella Welch Way	0.09mi	4/2.0 (+1)	1,700 (-15%)	17mo	$120,000	$71	52
324 Boones Dr	0.40mi	3/2.0	1,780 (-11%)	17mo	$130,400	$73	49

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.4%
• Equity multiple: 0.95×
• Total profit: $-2,675
• Equity at exit: $26,019

10-year hold

• IRR: 8.3%
• Equity multiple: 1.63×
• Total profit: $30,722
• Equity at exit: $15,088

Cash invested: $48,860 (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 20711

• Active inventory: 50
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,035 medium
• Mortgage (P&I): −$915
• Tax est. 1.5%: −$218 /mo · $2,618/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $401

Break-even live

Break-even rent $1,526

Max offer price $174,500

Occupancy floor 75%

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: $43,625
• Closing costs: $5,235
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-18
   days on market $174,500 Active 19 DOM
2. 2026-06-17
   days on market $174,500 Active 18 DOM
3. 2026-06-16
   days on market $174,500 Active 17 DOM
4. 2026-06-15
   days on market $174,500 Active 16 DOM
5. 2026-06-13
   days on market $174,500 Active 14 DOM
6. 2026-06-09
   days on market $174,500 Active 10 DOM
7. 2026-06-08
   days on market $174,500 Active 9 DOM
8. 2026-06-07
   days on market $174,500 Active 8 DOM
9. 2026-06-04
   days on market $174,500 Active 5 DOM
10. 2026-06-03
    days on market $174,500 Active 4 DOM
11. 2026-06-02
    days on market $174,500 Active 3 DOM
12. 2026-06-01
    days on market $174,500 Active 2 DOM
13. 2026-05-31
    remarks 687-char remark
14. 2026-05-31
    listed $174,500 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,416
• − Mortgage interest: −$9,775
• − Property taxes: −$2,618
• − Insurance: −$872
• − Repairs & maintenance: −$1,953
• − Management: −$1,953
• − Depreciation: −$5,076
• Taxable income: $2,169
• Est. tax owed @ 24.0%: −$520
• After-tax cash flow: $4,297/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.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab

This home requires significant repairs and maintenance, including a new roof, painting, and carpeting. However, with these updates, it has the potential to become a move-in-ready property with increased resale and rental value.

Repairs flagged

• Major roof — The satellite image shows significant wear and tear on the roof.
• Minor exterior siding — The siding appears to have some discoloration and minor wear.
• Major carpeting — The carpeting is worn and may need replacement.
• Major paint — The interior walls and ceiling show signs of wear and discoloration.

Value-add opportunities

• Resale New roof — A new roof will significantly improve the home's curb appeal and overall condition, making it more attractive to potential buyers.
• Resale Painting interior walls and ceiling — Repainting the interior will refresh the home's appearance and make it more appealing to potential buyers.
• Resale New carpeting — Replacing the worn carpeting will improve the home's overall condition and make it more attractive to potential buyers.
• Rental Landscaping and yard maintenance — A well-maintained yard and landscaping can increase the home's rental value by making it more attractive to potential tenants.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · The satellite image shows significant wear and tear on the roof.	Major	$15,000–50,000
exterior siding · The siding appears to have some discoloration and minor wear.	Minor	$500–3,000
carpeting · The carpeting is worn and may need replacement.	Major	$15,000–50,000
paint · The interior walls and ceiling show signs of wear and discoloration.	Major	$15,000–50,000
Total estimated repair cost · 4 items		$45,500–153,000

Value-add ROI direction

• Resale New roof — A new roof will significantly improve the home's curb appeal and overall condition, making it more attractive to potential buyers. ↑
• Resale Painting interior walls and ceiling — Repainting the interior will refresh the home's appearance and make it more appealing to potential buyers. ↑
• Resale New carpeting — Replacing the worn carpeting will improve the home's overall condition and make it more attractive to potential buyers. ↑
• Rental Landscaping and yard maintenance — A well-maintained yard and landscaping can increase the home's rental value by making it more attractive to potential tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Anne Arundel County Public Schools
• NCES district ID: 2400060
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $87,880
• Composite: 28.52/100
• National rank: #6733
• State rank: #10 of 24 in MD

Livability — Marlboro Meadows

• Score: 62/100
• State rank: #327
• US rank: #17129

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 7,629

Population outlook (Anne Arundel County) Hauer SSP2

• Today (2025): 617,384 people
• By 2030: 642,094 · +4.0%
• By 2040: 686,621 · +11.2%
• By 2050: 723,031 · +17.1%
• By 2075: 809,346 · +31.1%
• By 2100: 837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 24% Two or more races 12% Black 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Portuguese 3% Scotch-Irish 2% Italian 1%
• Foreign-born: 10% · Canada
• Languages at home: 86% English-only · Spanish 10% Other Asian/Pacific 2%

Political lean MEDSL · Anne Arundel

• 2024 margin: D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
• 2008→2024 swing: +15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
• All cycles: 2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -131.12%
• Current HPI: 232.1067
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-05-30 Listed $174,500 BRIGHT MLS