210 7th St · Pocomoke City, MD 21851

$85,000

4 bd · 2.0 ba · 1,440 sqft · SingleFamily public records · 28 Days on market

Built 1940 5,227 sqft lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Huge price reduction for quick sale! Investor Special. AS-IS Bungalow; priced for a quick sale in the Heart of Pocomoke. The property is ideally located in the city of Pocomoke. This adorable home is ready for its next owner. Conveniently located near shopping and dining, and just a short drive to the beaches of Chincoteague Island, VA, this home offers both affordability and accessibility. Don’t miss your opportunity—homes at this price don’t last long!

Key facts

• Heart of pocomoke
• 5,227 sq ft lot
• 3 parking spots

Tags

• HEART OF POCOMOKE
• NEAR SHOPPING AND DINING

Property features AI

Exterior

• Parking: Driveway parking (3 spaces); Three total garage/parking spaces
• Utilities: Public water; Public sewer; Electric service
• Home design: Detached structure; Shingle siding; Above-grade living space (estimated 1,440 finished); Fee simple ownership
• Construction: Block foundation; Above grade construction
• Exterior features: Not in a federal flood zone; No tidal water

Interior

• Bedrooms: Four bedrooms on the main level
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric); Electric hot water
• Interior features: Estimated living area; Partial basement; Level entry to main level

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $946 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $85k).
• Recommended offer: $84k (1.5% below list) — sets the bar for market timing.
• Cap rate 19.6% vs local median 5.6% in Pocomoke City — 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 71/100 on livability (#157 in MD) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: employment D+, crime F, amenities F.
• Worcester County Public Schools (town): math 30% / reading 44% proficiency, ranked #6 of 24 in MD (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 69 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 354 units permitted in Worcester County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Worcester County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 24y ago; this cycle's ask has dropped $45k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,725 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 2.35% ✓
• Cap rate: 19.65%
• Cash-on-cash: 47.69%
• DSCR: 3.12
• GRM: 3.6

CMA / ARV

• ARV (on-the-fly): $269,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
621 Cedar St	0.08mi	3/2.5 (-1)	1,350 (-6%)	6mo	$220,000	$163	74
401 4th St	0.26mi	3/1.5 (-1)	1,495 (+4%)	8mo	$190,000	$127	68
709 Walnut St	0.06mi	4/2.0	1,624 (+13%)	12mo	$196,000	$121	66
1298 Dorchester Ave	0.51mi	3/2.0 (-1)	1,420 (-1%)	8mo	$283,000	$199	62
1296 Dorchester Ave	0.49mi	3/2.0 (-1)	1,506 (+5%)	8mo	$282,100	$187	58
1406 Cedar Run	0.69mi	3/2.5 (-1)	1,475 (+2%)	1mo	$289,900	$197	56
1401 Cedar Run	0.64mi	3/2.5 (-1)	1,475 (+2%)	5mo	$289,900	$197	54
710 2nd St	0.42mi	3/2.0 (-1)	1,232 (-14%)	6mo	$220,000	$179	46
1403 Linden Dr	0.65mi	3/2.0 (-1)	1,312 (-9%)	5mo	$175,000	$133	45
1411 Cedar Run	0.71mi	3/2.5 (-1)	1,331 (-8%)	4mo	$280,000	$210	44
1410 Cedar Run	0.72mi	3/2.0 (-1)	1,311 (-9%)	3mo	$289,900	$221	44
9 Central Ave	0.55mi	3/1.0 (-1)	1,320 (-8%)	10mo	$212,000	$161	42

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: 45.1%
• Equity multiple: 2.95×
• Total profit: $46,525
• Equity at exit: $12,674

10-year hold

• IRR: 51.0%
• Equity multiple: 5.97×
• Total profit: $118,312
• Equity at exit: $7,349

Cash invested: $23,800 (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 21851

• Home prices YoY: -4.0%
• Active inventory: 69
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,995 high
• Mortgage (P&I): −$446
• Tax from tax record: −$149 /mo · $1,784/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $946

Break-even live

Break-even rent $797

Max offer price $85,000

Occupancy floor 48%

Sensitivity live

Price	-10% $994	-5% $970	+0% $946	+5% $922	+10% $898
Rent	-10% $788	-5% $867	+0% $946	+5% $1,025	+10% $1,103
Rate	-1.0pp $989	-0.5pp $967	base $946	+0.5pp $924	+1.0pp $901

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
621 Cedar St Pocomoke City, MD	3.0	2.5	1352	$2,195	$1.62	14d	1	0.06mi
242 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	14d	1	0.37mi
241 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	14d	1	0.37mi
202 Carsons Ct Pocomoke City, MD	3.0	2.0	1472	$1,695	$1.15	14d	1	0.42mi
1513 Princess Anne Ln Pocomoke City, MD	3.0	2.0	1542	$1,950	$1.26	44d	1	0.78mi
2005 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1373	$1,895	$1.38	14d	1	1.27mi
2007 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1302	$1,895	$1.46	14d	1	1.28mi

Listing history 22 events

1. 2026-06-18
   days on market $85,000 Active 28 DOM
2. 2026-06-17
   days on market $85,000 Active 27 DOM
3. 2026-06-16
   days on market $85,000 Active 26 DOM
4. 2026-06-15
   days on market $85,000 Active 25 DOM
5. 2026-06-14
   days on market $85,000 Active 23 DOM
6. 2026-06-13
   days on market $85,000 Active 22 DOM
7. 2026-06-10
   pricedays on market $85,000 Active 20 DOM
8. 2026-06-09
   days on market $99,999 Active 19 DOM
9. 2026-06-08
   days on market $99,999 Active 18 DOM
10. 2026-06-07
    days on market $99,999 Active 17 DOM
11. 2026-06-02
    days on market $99,999 Active 12 DOM
12. 2026-06-01
    pricedays on market $99,999 Active 11 DOM
13. 2026-06-01
    remarks 458-char remark
14. 2026-06-01
    price $99,000 Active 10 DOM
15. 2026-05-31
    days on market $130,000 Active 10 DOM
16. 2026-05-30
    days on market $130,000 Active 9 DOM
17. 2026-05-21
    listed $130,000 Active
18. 2003-02-10
    soldstatus $75,900
19. 2003-02-07
    soldstatus $75,900
20. 2002-10-09
    listed $79,900
21. 1991-12-23
    soldstatus $45,000
22. 1988-06-06
    soldstatus $38,000

ⓘ 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: $1,784 · $149/mo
• Projected year-2 tax: $1,784 · $149/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,934
• − Mortgage interest: −$4,761
• − Property taxes: −$1,784
• − Insurance: −$425
• − Repairs & maintenance: −$1,915
• − Management: −$1,915
• − Depreciation: −$2,473
• Taxable income: $10,662
• Est. tax owed @ 24.0%: −$2,559
• After-tax cash flow: $8,791/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: Worcester County Public Schools
• NCES district ID: 2400720
• Math proficiency: 30% ▼ -25.00%
• Reading proficiency: 44% ▼ -20.00%
• Median HH income: $56,748
• Composite: 32.6/100
• National rank: #5672
• State rank: #6 of 24 in MD

Livability — Pocomoke City

• Score: 71/100
• State rank: #157
• US rank: #7066

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocomoke City, MD
• Population (ZIP): 7,252

Population outlook (Worcester County) Hauer SSP2

• Today (2025): 51,363 people
• By 2030: 51,191 · -0.3%
• By 2040: 50,459 · -1.8%
• By 2050: 49,451 · -3.7%
• By 2075: 48,533 · -5.5%
• By 2100: 44,223 · -13.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 54% Black 37% Two or more races 5% Asian 2% Hispanic / Latino 2%
• Common ancestry: Scandinavian 2% Romanian 2% Scotch-Irish 2%
• Foreign-born: 5% · Canada, Dominican Republic, Mexico
• Languages at home: 93% English-only · Other Asian/Pacific 1% Spanish 1% Vietnamese 1%

Political lean MEDSL · Worcester

• 2024 margin: Strong R (+22.0) · D 38.0% · R 60.0% · Other 2.0%
• 2008→2024 swing: -6.5pp toward R · 2008: -15.5pp · 2024: -22.0pp
• All cycles: 2024: R+22.0 2020: R+19.0 2016: R+27.9 2012: R+18.3 2008: R+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -10.03%
• Current HPI: 243.2329
• 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

+242.1% since first listed

6 events — show timeline

• 2026-05-21 Listed $130,000 BRIGHT MLS
• 2003-02-10 Sold (Public Records) $75,900 Public Records
• 2003-02-07 Sold (MLS) $75,900 BRIGHT MLS
• 2002-10-09 Listed $79,900 BRIGHT MLS
• 1991-12-23 Sold (Public Records) $45,000 Public Records
• 1988-06-06 Sold (Public Records) $38,000 Public Records

Property tax history

+3.4%/yr

Latest (2025): $1,784 · +5.4% YoY. Source: county tax records.