1971 Addison Rd S · Walker Mill, MD 20747

$190,000

3 bd · 1.5 ba · 1,182 sqft · Townhouse public records · 80 Days on market

Built 1965 $161/sqft · at area comps Est $186k · at est. $375/mo HOA · 17% of rent

---

Why this score? — see what drove the D 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 +14.6/30.0
• ARV discount +6.5/15.0
• 1% rule +6.4/10.0
• DSCR +4.5/10.0
• Livability +3.2/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Search no more! This is the 3br, 1.5ba, property you have been looking for. Move-in-ready to accommodate and make you happy.

Key facts

• $375 HOA
• Built 1965
• Listed 80 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $190k.

Deal economics

• At list price, monthly cash flow is $46 ($558/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $179k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 4.4% in Walker Mill — 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 63/100 on livability (#300 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A; Watch: crime D+, amenities F, cost of living 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.
• Zoned schools: John H. Bayne Elementary (math 2% / reading 2%, grade F, #826 of 860 statewide, top 100%, 322 students, 78% FRL); Walker Mill Middle (math 8% / reading 36%, grade F, #125 of 225 statewide, top 58%, 693 students, 73% FRL); Suitland High (math 8% / reading 36%, grade F, #171 of 222 statewide, top 78%, 1,834 students, 77% FRL) — zoned schools average 76% FRL vs 53% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.0%/yr); 116 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 ($76k/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 $6k 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

• It's been on market 80 days — a 6% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y 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 $95k; list at $190k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 1.14% ✓
• Cap rate: 6.59%
• Cash-on-cash: 1.05%
• DSCR: 1.05
• GRM: 7.3

CMA / ARV

• ARV (median comp): $185,773
• List price: $190,000
• Delta: 2.28%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1871 Addison Rd S	0.02mi	3/1.5	1,154 (-2%)	1mo	$185,001	$160	94
1705 Addison Rd S	0.07mi	3/1.5	1,156 (-2%)	3mo	$185,000	$160	91
1891 Addison Rd S	0.04mi	3/1.5	1,129 (-4%)	1mo	$178,200	$158	90
1601 Addison Rd S	0.12mi	3/1.5	1,154 (-2%)	5mo	$167,500	$145	86
1621 Addison Rd S	0.10mi	3/1.5	1,128 (-5%)	4mo	$180,000	$160	85
7132 Marbury Ct	0.28mi	3/1.5	1,200 (+2%)	2mo	$270,000	$225	82
1631 Addison Rd S #1631	0.18mi	3/1.5	1,128 (-5%)	2mo	$179,000	$159	82
6929 Bank Run Ter	0.23mi	3/1.5	1,136 (-4%)	8mo	$299,000	$263	76
7244 Flag Harbor Dr	0.27mi	3/2.5	1,320 (+12%)	3mo	$335,000	$254	62
7017 Migliori	0.36mi	3/2.5	1,320 (+12%)	1mo	$345,000	$261	59
7001 Migliori Ct	0.32mi	3/3.0	1,332 (+13%)	4mo	$385,000	$289	54
6800 Milltown Ct	0.32mi	2/1.0 (-1)	1,043 (-12%)	8mo	$211,500	$203	52

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 · 2.0% rent growth · sell at horizon

5-year hold

• IRR: -15.9%
• Equity multiple: 0.44×
• Total profit: $-29,739
• Equity at exit: $28,330

10-year hold

• IRR: -9.6%
• Equity multiple: 0.44×
• Total profit: $-29,756
• Equity at exit: $16,428

Cash invested: $53,200 (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 20747

• Home prices YoY: -19.0%
• Rents YoY: 2.0%
• Active inventory: 116
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,168 high
• Mortgage (P&I): −$996
• Tax from tax record: −$216 /mo · $2,586/yr
• Insurance: −$79
• HOA: −$375
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $46

Break-even live

Break-even rent $2,109

Max offer price $190,000

Occupancy floor 93%

Sensitivity live

Price	-10% $154	-5% $100	+0% $46	+5% $-7	+10% $-61
Rent	-10% $-125	-5% $-39	+0% $46	+5% $132	+10% $218
Rate	-1.0pp $142	-0.5pp $95	base $46	+0.5pp $-3	+1.0pp $-53

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1901 Addison Rd S District Heights, MD	3.0	1.5	1154	$2,100	$1.82	45d	1	0.01mi
1925 Addison Rd S District Heights, MD	3.0	1.5	1182	$2,242	$1.90	26d	1	0.04mi
1741 Addison Rd S District Heights, MD	3.0	1.5	1300	$1,950	$1.50	20d	1	0.06mi
6769 Milltown Ct District Heights, MD	2.0	1.5	1100	$2,299	$2.09	12d	1	0.26mi
1341 Karen Blvd Capitol Heights, MD	2.0	2.0	950	$2,300	$2.42	45d	1	0.32mi
7017 Migliori Ct District Heights, MD	3.0	2.5	1320	$2,650	$2.01	7d	1	0.35mi
6957 Walker Mill Rd Capitol Heights, MD	3.0	2.5	1320	$2,650	$2.01	45d	1	0.35mi
6936 Walker Mill Rd Capitol Heights, MD	1.0–3.0	1.0–1.5	806	$1,700	$2.11	14d	11	0.42mi
6565 Ronald Rd Capitol Heights, MD	3.0	3.5	1350	$2,650	$1.96	45d	1	0.47mi
5806 Burgess Rd District Heights, MD	2.0	1.0	1324	$1,950	$1.47	20d	1	0.99mi
2707 Judith Ave District Heights, MD	2.0	1.0	816	$2,500	$3.06	45d	1	1.08mi
2610 Lakehurst Ave District Heights, MD	3.0	1.0	1096	$2,150	$1.96	45d	1	1.09mi
1634 Brooksquare Dr Capitol Heights, MD	3.0	1.5	1317	$2,250	$1.71	7d	1	1.15mi
2908 Walters Ln Unit 1 District Heights, MD	2.0	1.0	1100	$1,400	$1.27	26d	1	1.17mi
1209 Brooke Rd Capitol Heights, MD	3.0	2.0	1000	$3,200	$3.20	20d	1	1.24mi
6525 Kenova St District Heights, MD	2.0	1.0	1075	$1,500	$1.40	45d	1	1.29mi
6311 Pennsylvania Ave District Heights, MD	1.0–2.0	1.0	791	$1,672	$2.11	1d	9	1.37mi
2354 Seton Way District Heights, MD	2.0	2.5	1200	$2,500	$2.08	45d	1	1.37mi
1935 Brooks Dr Capitol Heights, MD	1.0–3.0	1.0–1.5	865	$1,745	$2.02	0d	6	1.38mi
5284 Marlboro Pike Capitol Heights, MD	1.0–3.0	1.0–1.5	812	$1,979	$2.44	1d	13	1.39mi
6024 Surrey Square Ln District Heights, MD	1.0–3.0	1.0–2.0	1059	$2,102	$1.98	1d	23	1.43mi
5401 Riba Ct Capitol Heights, MD	4.0	3.0	1150	$3,300	$2.87	7d	1	1.49mi

HOA detail

• Monthly dues: $375 · $4,500/yr

Listing history 34 events

1. 2026-06-13
   statusdays on market $190,000 Pending 80 DOM
2. 2026-06-10
   days on market $190,000 Active 78 DOM
3. 2026-06-08
   days on market $190,000 Active 77 DOM
4. 2026-06-07
   days on market $190,000 Active 76 DOM
5. 2026-06-04
   days on market $190,000 Active 73 DOM
6. 2026-06-03
   days on market $190,000 Active 72 DOM
7. 2026-06-02
   days on market $190,000 Active 71 DOM
8. 2026-06-01
   days on market $190,000 Active 70 DOM
9. 2026-05-31
   days on market $190,000 Active 69 DOM
10. 2026-05-13
    price $190,000 125-char remark

    Show marketing remark (125 chars)

    Search no more! This is the 3br, 1.5ba, property you have been looking for. Move-in-ready to accommodate and make you happy.

11. 2026-03-23
    historical $1,975

    Show marketing remark (125 chars)

    Search no more! This is the 3br, 1.5ba, property you have been looking for. Move-in-ready to accommodate and make you happy.

12. 2026-03-23
    listed $199,999 Active 125-char remark

    Show marketing remark (125 chars)

    Search no more! This is the 3br, 1.5ba, property you have been looking for. Move-in-ready to accommodate and make you happy.

13. 2026-03-22
    listed $1,975
14. 2026-03-06
    historical $1,975
15. 2026-01-23
    price $1,975
16. 2025-11-02
    listed $2,200
17. 2009-11-12
    soldstatus $95,000
18. 2009-11-06
    soldstatus $95,000 Sold 178-char remark

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

19. 2009-11-06
    soldstatus $95,000

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

20. 2009-10-29
    status Contract 178-char remark

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

21. 2009-10-02
    historical 178-char remark

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

22. 2009-09-10
    historical Contingent (No Kick Out) 178-char remark

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

23. 2009-09-10
    historical

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

24. 2009-07-14
    listed $105,000 Active 178-char remark

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

25. 2009-07-14
    listed $105,000

    Show marketing remark (178 chars)

    READY TO MOVE IN, FINISHING PAINTING AND SHAMPOO CARPET IN THE NEXT FERW DAYS. UPDATED KITCHEN , CERAMIS TITLE, WILL PAYS ALL ALLOWED CLOSING. REAL ESTATE AGENT RELATED TO OWNER.

26. 2008-02-10
    historical
27. 2008-02-08
    listed
28. 2004-04-09
    soldstatus $92,000
29. 2004-03-31
    soldstatus $92,000
30. 2004-03-05
    historical
31. 2004-02-14
    listed $90,000
32. 1996-03-05
    soldstatus $59,500
33. 1989-08-31
    soldstatus $58,000
34. 1986-10-29
    soldstatus $50,000

ⓘ 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: $2,586 · $216/mo
• Projected year-2 tax: $2,586 · $216/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 ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $26,013
• − Mortgage interest: −$10,643
• − Property taxes: −$2,586
• − Insurance: −$950
• − Repairs & maintenance: −$2,081
• − Management: −$2,081
• − HOA: −$4,500
• − Depreciation: −$5,527
• Taxable loss: −$2,355
• Est. tax savings @ 24.0%: +$565
• After-tax cash flow: $1,123/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 — Walker Mill

• Score: 63/100
• State rank: #300
• US rank: #15588

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Walker Mill, MD
• County: Prince Georges County · 919,866 people
• City population: 39,439
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 38,301
• Household income: $76,298
• Rent vs Own: 49.7% rent · 50.3% own
• Severe rent burden: 2132.0

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 (86%)
• Race & ethnicity: Black 86% Hispanic / Latino 7% Two or more races 5% White 2%
• Foreign-born: 8% · Canada
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 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: ▼ -67.90%
• Current HPI: 289.095
• Rent YoY: ▲ 2.00%
• 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

+280.0% since first listed

25 events — show timeline

• 2026-05-13 Price Changed $190,000 BRIGHT MLS
• 2026-03-23 Rental Removed $1,975 BRIGHTMLS
• 2026-03-23 Listed $199,999 BRIGHT MLS
• 2026-03-22 Listed for Rent $1,975 BRIGHTMLS
• 2026-03-06 Rental Removed $1,975 BRIGHTMLS
• 2026-01-23 Price Changed $1,975 BRIGHTMLS
• 2025-11-02 Listed for Rent $2,200 BRIGHTMLS
• 2009-11-12 Sold (Public Records) $95,000 Public Records
• 2009-11-06 Sold (MLS) $95,000 BRIGHT MLS
• 2009-11-06 Sold (MLS) $95,000 MRIS
• 2009-10-29 Pending — MRIS
• 2009-10-02 Delisted — MRIS
• 2009-09-10 Contingent — MRIS
• 2009-09-10 Listing Removed — BRIGHT MLS
• 2009-07-14 Listed $105,000 MRIS
• 2009-07-14 Listed $105,000 BRIGHT MLS
• 2008-02-10 Delisted — MRIS
• 2008-02-08 Listed — MRIS
• 2004-04-09 Sold (Public Records) $92,000 Public Records
• 2004-03-31 Sold (MLS) $92,000 MRIS
• 2004-03-05 Delisted — MRIS
• 2004-02-14 Listed $90,000 MRIS
• 1996-03-05 Sold (Public Records) $59,500 Public Records
• 1989-08-31 Sold (Public Records) $58,000 Public Records
• 1986-10-29 Sold (Public Records) $50,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $2,586 · +7.9% YoY. Source: county tax records.