127 Wood Duck Ln · Kingstown, MD 21620

$138,000

3 bd · 2.0 ba · 1,666 sqft · Manufactured public records · 7 Days on market

Built 1976 0.53 ac 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
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Schools +3.0/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Well priced 3 bedroom, 2 bath double wide in Duck Neck, Queen Annes County situated on a half an acre and shed , man cave and car ports included. House has a metal roof. Close to the Chester River and minutes from Deep Landing and Chestertown. The property does need work, but some sweat equity would result in a really nice place! Property can be accessed on Wood Duck Lane or Snyder Lane. The Snyder Lane entrance has a circular drive.

Key facts

• Metal roof
• Double wide
• Car ports

Tags

• DOUBLE WIDE
• HALF AN ACRE
• METAL ROOF
• CAR PORTS
• CLOSE TO CHESTER RIVER

Property features AI

Finance

• Other: Improvement and land assessed values available (assessor data); Property accessed from Snyder Road (address on Wood Duck Ln)
• Financial info: Lease not considered

Exterior

• Parking: Driveway
• Utilities: Private water source; Private septic tank; Electric hot water
• Home design: Manufactured home (double wide); Below average property condition; Fee simple ownership; Pilings foundation; Metal roof; Above-grade finished area per assessor: 1,666
• Construction: Aluminum siding; Pilings foundation; Metal roof; Double wide manufactured structure; Building is not winterized
• Exterior features: Partially fenced yard; Not in a federal flood zone; Tidal water: no

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Electric heating fuel; Cooling provided by multiple units (electric)
• Interior features: No basement; Living area measured per assessor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $138k.

Deal economics

• At list price, monthly cash flow is $619 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).

Location & tenants

• Location reads 58/100 on livability (#379 in MD) — a working-class tenant base; expect higher turnover. Strengths: crime A, housing B+; Watch: schools F, amenities F, commute F.
• Queen Anne'S County Public Schools (rural): math 22% / reading 39% proficiency, ranked #7 of 24 in MD (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 126 active listings in the ZIP; solid renter incomes; 320 units permitted in Queen Anne's County in 2024 (56 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $954 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 32y 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 $55k; list at $138k implies a 151% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,000

Questions for the listing agent

1. Built in 1976 — 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. 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. 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: 1.39% ✓
• Cap rate: 11.68%
• Cash-on-cash: 19.23%
• DSCR: 1.86
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 11.2%
• Equity multiple: 1.44×
• Total profit: $17,074
• Equity at exit: $20,576

10-year hold

• IRR: 20.2%
• Equity multiple: 2.70×
• Total profit: $65,622
• Equity at exit: $11,932

Cash invested: $38,640 (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 21620

• Home prices YoY: -5.3%
• Active inventory: 126
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,912 medium
• Mortgage (P&I): −$724
• Tax from tax record: −$110 /mo · $1,318/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$401
• Net cashflow: $619

Break-even live

Break-even rent $1,128

Max offer price $138,000

Occupancy floor 63%

Sensitivity live

Price	-10% $697	-5% $658	+0% $619	+5% $580	+10% $541
Rent	-10% $468	-5% $544	+0% $619	+5% $695	+10% $770
Rate	-1.0pp $689	-0.5pp $654	base $619	+0.5pp $584	+1.0pp $547

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: $34,500
• Closing costs: $4,140
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-07
   status $138,000 Pending 7 DOM
2. 2026-05-20
   listed $138,000 Active
3. 2026-04-30
   historical
4. 2026-02-20
   price $185,000
5. 2025-10-11
   listed $215,000 Active
6. 1994-12-23
   soldstatus $55,000
7. 1994-12-09
   soldstatus $55,000
8. 1994-10-30
   historical
9. 1994-01-04
   listed $57,500

ⓘ 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: $1,318 · $110/mo
• Projected year-2 tax: $1,411 · $118/mo
• Expected delta: +$93/yr (+$8/mo · 7.1%)

ⓘ 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 ≥105°F today · 15 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,942
• − Mortgage interest: −$7,730
• − Property taxes: −$1,318
• − Insurance: −$690
• − Repairs & maintenance: −$1,835
• − Management: −$1,835
• − Depreciation: −$4,015
• Taxable income: $5,519
• Est. tax owed @ 24.0%: −$1,324
• After-tax cash flow: $6,108/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: Queen Anne'S County Public Schools
• NCES district ID: 2400540
• Math proficiency: 22% ▼ -30.00%
• Reading proficiency: 39% ▼ -22.00%
• Median HH income: $84,577
• Composite: 29.86/100
• National rank: #6406
• State rank: #7 of 24 in MD

Livability — Kingstown

• Score: 58/100
• State rank: #379
• US rank: #20717

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Kent County · 13,810 people
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 13,810
• Household income: $80,530
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 444.0

Population outlook (Queen Anne's County) Hauer SSP2

• Today (2025): 51,149 people
• By 2030: 51,979 · +1.6%
• By 2040: 52,728 · +3.1%
• By 2050: 51,828 · +1.3%
• By 2075: 50,169 · -1.9%
• By 2100: 44,442 · -13.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 14% Hispanic / Latino 4% Two or more races 3% Asian 1%
• Common ancestry: Romanian 4% Slovak 2% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Queen Anne's

• 2024 margin: Strong R (+27.8) · D 35.1% · R 62.9% · Other 2.1%
• 2008→2024 swing: -0.7pp no change · 2008: -27.1pp · 2024: -27.8pp
• All cycles: 2024: R+27.8 2020: R+26.5 2016: R+36.1 2012: R+30.1 2008: R+27.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -15.95%
• Current HPI: 286.6638
• Rent YoY: —
• Metro: Baltimore-Columbia-Towson, MD
• 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

+140.0% since first listed

8 events — show timeline

• 2026-05-20 Listed $138,000 BRIGHT MLS
• 2026-04-30 Listing Removed — BRIGHT MLS
• 2026-02-20 Price Changed $185,000 BRIGHT MLS
• 2025-10-11 Listed $215,000 BRIGHT MLS
• 1994-12-23 Sold (Public Records) $55,000 Public Records
• 1994-12-09 Sold (MLS) $55,000 MRIS
• 1994-10-30 Delisted — MRIS
• 1994-01-04 Listed $57,500 MRIS

Property tax history

+2.5%/yr

Latest (2025): $1,318 · +4.4% YoY. Source: county tax records.