25 Walnut St · Aberdeen, MD 21078

$105,000

3 bd · 2.0 ba · 1,200 sqft · SingleFamily · 42 Days on market

Built 2002 $88/sqft · 62% below area

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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 +4.0/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Doublewide, country kitchen with separate nook, wood cabinets, separate dining-room, laundry room, recent stainless steel appliances, updated hot water heater, w. w carpet, upright freezer, master bedroom with soaking tub, double closets, washer, dryer, second bath, deck, paver patio and walk, nicely landscaped, 2 car drive, buyer must be approved by park.

Key facts

• Double-wide home
• Renovated bathrooms
• Storage shed

Tags

• DOUBLE-WIDE HOME
• ALL-NEW FLOORING
• RENOVATED BATHROOMS
• MODERN FINISHES
• ELECTRIC FIREPLACE
• STORAGE SHED

Property features AI

Finance

• Other: Accessibility: 2+ access exits
• Financial info: Monthly ground rent $733; Ground rent years remaining: 0; Ownership interest: Ground Rent
• HOA & community: Ground rent exists and is paid monthly

Exterior

• Parking: Driveway parking (2 spaces); Total of 2 garage/parking spaces
• Utilities: Community water; Public sewer
• Home design: Manufactured double-wide; Estimated year built; Good condition; Outside city limits
• Construction: Vinyl siding and asphalt construction materials; Architectural shingle roof; Double-pane windows; Building not winterized
• Exterior features: Shed; Above-grade other structures

Interior

• Kitchen: Gas oven/range; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Luxury vinyl plank
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Heat pump with gas backup; Propane (owned) heating fuel; Convector cooling (electric)
• Interior features: Dry wall walls and ceilings; Electric fireplace (1)
• Laundry & utility: Washer and electric dryer in unit; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $848 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $102k (3.0% below list) — sets the bar for market timing.
• Cap rate 16.0% vs local median 4.8% in Aberdeen — 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 81/100 on livability (#42 in MD, #1,545 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime F.
• Harford County Public Schools (suburban): math 22% / reading 39% proficiency, ranked #9 of 24 in MD (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 178 active listings in the ZIP; solid renter incomes; 803 units permitted in Harford County in 2024 (26 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y ago; this cycle's ask has dropped $7k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $31k; list at $105k implies a 239% gain — meaningful room to come down on a strong offer.

Recommended offer $101,850 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.90% ✓
• Cap rate: 15.98%
• Cash-on-cash: 34.61%
• DSCR: 2.54
• GRM: 4.4

CMA / ARV

• ARV (median comp): $276,798
• List price: $105,000
• Delta: -62.07%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18 Pine St	0.06mi	3/2.0	1,248 (+4%)	22mo	$70,000	$56	72

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: 30.1%
• Equity multiple: 2.26×
• Total profit: $37,020
• Equity at exit: $15,656

10-year hold

• IRR: 37.4%
• Equity multiple: 4.47×
• Total profit: $101,897
• Equity at exit: $9,078

Cash invested: $29,400 (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 21078

• Home prices YoY: -33.4%
• Active inventory: 178
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,992 medium
• Mortgage (P&I): −$551
• Tax est. 1.5%: −$131 /mo · $1,575/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $848

Break-even live

Break-even rent $919

Max offer price $105,000

Occupancy floor 52%

Sensitivity live

Price	-10% $920	-5% $884	+0% $848	+5% $812	+10% $775
Rent	-10% $691	-5% $769	+0% $848	+5% $927	+10% $1,005
Rate	-1.0pp $901	-0.5pp $875	base $848	+0.5pp $821	+1.0pp $793

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $105,000 Active 42 DOM
2. 2026-06-18
   days on market $105,000 Active 39 DOM
3. 2026-06-17
   days on market $105,000 Active 38 DOM
4. 2026-06-16
   days on market $105,000 Active 37 DOM
5. 2026-06-15
   days on market $105,000 Active 36 DOM
6. 2026-06-13
   days on market $105,000 Active 34 DOM
7. 2026-06-09
   pricedays on market $105,000 Active 30 DOM
8. 2026-06-08
   days on market $112,000 Active 29 DOM
9. 2026-06-07
   days on market $112,000 Active 28 DOM
10. 2026-06-04
    days on market $112,000 Active 25 DOM
11. 2026-06-03
    days on market $112,000 Active 24 DOM
12. 2026-06-02
    days on market $112,000 Active 23 DOM
13. 2026-06-01
    days on market $112,000 Active 22 DOM
14. 2026-05-31
    days on market $112,000 Active 21 DOM
15. 2026-05-10
    listed $112,000 Active 759-char remark
16. 2011-09-30
    soldstatus $31,000 358-char remark

    Show marketing remark (358 chars)

    Doublewide, country kitchen with separate nook, wood cabinets, separate dining-room, laundry room, recent stainless steel appliances, updated hot water heater, w. w carpet, upright freezer, master bedroom with soaking tub, double closets, washer, dryer, second bath, deck, paver patio and walk, nicely landscaped, 2 car drive, buyer must be approved by park.

17. 2011-08-18
    historical 358-char remark

    Show marketing remark (358 chars)

    Doublewide, country kitchen with separate nook, wood cabinets, separate dining-room, laundry room, recent stainless steel appliances, updated hot water heater, w. w carpet, upright freezer, master bedroom with soaking tub, double closets, washer, dryer, second bath, deck, paver patio and walk, nicely landscaped, 2 car drive, buyer must be approved by park.

18. 2011-06-30
    listed $34,500 358-char remark

    Show marketing remark (358 chars)

    Doublewide, country kitchen with separate nook, wood cabinets, separate dining-room, laundry room, recent stainless steel appliances, updated hot water heater, w. w carpet, upright freezer, master bedroom with soaking tub, double closets, washer, dryer, second bath, deck, paver patio and walk, nicely landscaped, 2 car drive, buyer must be approved by park.

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

Taxation est. · year 1

• Rental income: $23,902
• − Mortgage interest: −$5,882
• − Property taxes: −$1,575
• − Insurance: −$525
• − Repairs & maintenance: −$1,912
• − Management: −$1,912
• − Depreciation: −$3,055
• Taxable income: $9,041
• Est. tax owed @ 24.0%: −$2,170
• After-tax cash flow: $8,005/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: Harford County Public Schools
• NCES district ID: 2400390
• Math proficiency: 22% ▼ -23.00%
• Reading proficiency: 39% ▼ -12.00%
• Median HH income: $79,569
• Composite: 29.38/100
• National rank: #6527
• State rank: #9 of 24 in MD

Livability — Aberdeen

• Score: 81/100
• State rank: #42
• US rank: #1545

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harford County · 198,512 people
• City population: 27,168
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 20,030
• Household income: $106,667
• Rent vs Own: 23.0% rent · 77.0% own
• Severe rent burden: 327.0

Population outlook (Harford County) Hauer SSP2

• Today (2025): 262,292 people
• By 2030: 266,437 · +1.6%
• By 2040: 269,954 · +2.9%
• By 2050: 265,659 · +1.3%
• By 2075: 252,886 · -3.6%
• By 2100: 224,014 · -14.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 12% Two or more races 7% Hispanic / Latino 5% Asian 3%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Romanian 5% Slovak 3% Lithuanian 3%
• Foreign-born: 6% · Canada
• Languages at home: 95% English-only · Spanish 2% Tagalog/Filipino 1% German/W. Germanic 1%

Political lean MEDSL · Harford

• 2024 margin: R (+13.8) · D 41.9% · R 55.7% · Other 2.4%
• 2008→2024 swing: +5.0pp toward D · 2008: -18.8pp · 2024: -13.8pp
• All cycles: 2024: R+13.8 2020: R+12.0 2016: R+24.5 2012: R+19.5 2008: R+18.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.95%
• Current HPI: 239.1951
• 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

+204.3% since first listed

5 events — show timeline

• 2026-06-09 Price Changed $105,000 BRIGHT MLS
• 2026-05-10 Listed $112,000 BRIGHT MLS
• 2011-09-30 Sold (MLS) $31,000 BRIGHT MLS
• 2011-08-18 Listing Removed — BRIGHT MLS
• 2011-06-30 Listed $34,500 BRIGHT MLS