5444 Varnum St · Bladensburg, MD 20710

$374,500

5 bd · 1.5 ba · 1,140 sqft · SingleFamily public records · 185 Days on market

Built 1946 5,500 sqft lot $329/sqft · 5% below area Est $395k · 5% under

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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).

• Appreciation +10.0/10.0
• ARV discount +9.8/15.0
• Cash flow +8.2/30.0
• Livability +3.2/5.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Schools +1.7/10.0

Listing remarks MLS

Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

Key facts

• 5,500 sq ft lot
• Built 1946
• Listed 185 days

What this means for you Summary

Snapshot

• This is a 5-bed/1.5-bath single-family listed at $374k.

Deal economics

• At list price, monthly cash flow is $-351 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $312k (16.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $299k (20.2% below list).
• Recommended offer: $299k (20.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#277 in MD) — a middle-class / working-renter tenant base. Strengths: housing A, health & safety A; Watch: employment C-, cost of living C-, amenities D.
• 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: Port Towns Elementary (math 2% / reading 10%, grade F, #750 of 860 statewide, top 88%, 955 students, 90% FRL); William Wirt Middle (math 2% / reading 14%, grade F, #215 of 225 statewide, top 96%, 1,246 students, 94% FRL); Bladensburg High (math 14% / reading 31%, grade F, #170 of 222 statewide, top 76%, 2,164 students, 84% FRL) — zoned schools average 90% FRL vs 53% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 19 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• At $2,988/mo this rent would consume 56% of the median local household income ($64k/yr) (locally 810% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $40k of equity ($3k loan paydown + $37k appreciation (10.0% local appreciation)).
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$64k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y 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 $268k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $298,844 (20.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
7. 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?
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: 0.80% ✗
• Cap rate: 5.17%
• Cash-on-cash: -4.02%
• DSCR: 0.82
• GRM: 10.4

CMA / ARV

• ARV (median comp): $395,088
• List price: $374,500
• Delta: -5.21%
• 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
5423 Tilden Rd	0.18mi	5/2.0	1,128 (-1%)	11mo	$387,000	$343	79
5424 Varnum St	0.09mi	4/3.0 (-1)	1,188 (+4%)	11mo	$359,900	$303	68
5300 Varnum Pl	0.26mi	4/3.0 (-1)	1,121 (-2%)	8mo	$386,000	$344	67
4919 55th Pl	0.15mi	4/2.0 (-1)	1,218 (+7%)	14mo	$376,000	$309	63
5009 53rd Pl	0.37mi	5/2.0	1,192 (+5%)	14mo	$470,000	$394	61
5615 Gallatin Pl	0.44mi	5/3.0	1,200 (+5%)	6mo	$404,000	$337	60
5429 Spring Rd	0.30mi	4/2.0 (-1)	1,056 (-7%)	9mo	$370,000	$350	60
5421 Tilden Rd	0.19mi	6/3.0 (+1)	1,023 (-10%)	13mo	$445,000	$435	53
4116 54th Pl	0.29mi	4/1.0 (-1)	1,023 (-10%)	12mo	$330,000	$323	52
4002 52nd St	0.58mi	4/2.5 (-1)	1,164 (+2%)	11mo	$470,000	$404	52
5002 Crittenden St	0.69mi	4/2.0 (-1)	1,112 (-2%)	13mo	$355,000	$319	46
3505 56th Pl	0.68mi	4/3.0 (-1)	1,180 (+4%)	14mo	$430,000	$364	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.4%
• Equity multiple: 2.73×
• Total profit: $181,697
• Equity at exit: $337,379

10-year hold

• IRR: 19.4%
• Equity multiple: 6.27×
• Total profit: $552,914
• Equity at exit: $727,571

Cash invested: $104,860 (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 20710

• Home prices YoY: 4.8%
• Active inventory: 19
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,988 high
• Mortgage (P&I): −$1,964
• Tax from tax record: −$592 /mo · $7,109/yr
• Insurance: −$156
• HOA: −$0
• Vacancy / Maint / Mgmt: −$628
• Net cashflow: $-351

Break-even live

Break-even rent $3,433

Max offer price $312,406

Occupancy floor —

Sensitivity live

Price	-10% $-140	-5% $-246	+0% $-351	+5% $-457	+10% $-563
Rent	-10% $-588	-5% $-470	+0% $-351	+5% $-233	+10% $-115
Rate	-1.0pp $-163	-0.5pp $-256	base $-351	+0.5pp $-449	+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: $93,625
• Closing costs: $11,235
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5017 55th Ave Hyattsville, MD	5.0	3.0	1088	$4,000	$3.68	45d	1	0.33mi
5303 55th Pl Riverdale, MD	4.0	3.0	1375	$4,150	$3.02	7d	1	0.71mi
5301 62nd Ave Riverdale, MD	4.0	2.5	1152	$2,700	$2.34	20d	1	0.87mi
6212 Carters Ln Riverdale, MD	4.0	2.5	1152	$2,350	$2.04	45d	1	0.90mi
5221 Egret LN Bladensburg, MD	3.0–4.0	2.0–3.0	1540	$2,200	$1.43	45d	1	0.92mi
5704 Euclid St Cheverly, MD	4.0	2.0	1260	$2,300	$1.83	14d	1	1.44mi

Listing history 32 events

1. 2026-06-21
   days on market $374,500 Active 185 DOM
2. 2026-06-18
   days on market $374,500 Active 182 DOM
3. 2026-06-17
   days on market $374,500 Active 181 DOM
4. 2026-06-16
   days on market $374,500 Active 180 DOM
5. 2026-06-15
   days on market $374,500 Active 179 DOM
6. 2026-06-13
   days on market $374,500 Active 177 DOM
7. 2026-06-10
   days on market $374,500 Active 173 DOM
8. 2026-06-08
   days on market $374,500 Active 172 DOM
9. 2026-06-07
   days on market $374,500 Active 171 DOM
10. 2026-06-04
    days on market $374,500 Active 168 DOM
11. 2026-06-03
    days on market $374,500 Active 167 DOM
12. 2026-06-02
    days on market $374,500 Active 166 DOM
13. 2026-06-01
    days on market $374,500 Active 165 DOM
14. 2026-05-31
    days on market $374,500 Active 164 DOM
15. 2026-05-10
    status Pending 357-char remark

    Show marketing remark (357 chars)

    Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

16. 2026-04-13
    price $374,500 357-char remark

    Show marketing remark (357 chars)

    Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

17. 2026-01-30
    price $374,900 357-char remark

    Show marketing remark (357 chars)

    Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

18. 2025-11-30
    listed $375,000 Active 357-char remark

    Show marketing remark (357 chars)

    Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

19. 2025-11-20
    historical $375,000 357-char remark

    Show marketing remark (357 chars)

    Spacious 5-bedroom home featuring 2 full bathrooms and 1 half bath. Includes a separate dining room and a multi-family room conveniently located off the kitchen. Full basement offers additional space and storage. Enjoy a huge yard, perfect for outdoor activities. Seller is Motivate to sell posible closing help with full price offer. Thank you for showing.

20. 2007-07-09
    historical
21. 2007-01-14
    listed
22. 2006-10-31
    historical
23. 2006-07-30
    listed
24. 2006-07-30
    historical
25. 2006-06-24
    listed
26. 2005-09-19
    soldstatus $267,800
27. 2005-09-19
    soldstatus $267,800
28. 2005-08-02
    soldstatus $267,900
29. 2005-06-14
    historical
30. 2005-05-13
    listed $260,000
31. 1979-12-12
    soldstatus $49,950
32. 1975-11-12
    soldstatus $39,900

ⓘ 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: $7,109 · $592/mo
• Projected year-2 tax: $7,109 · $592/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 ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 20% 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: $35,861
• − Mortgage interest: −$20,978
• − Property taxes: −$7,109
• − Insurance: −$1,872
• − Repairs & maintenance: −$2,869
• − Management: −$2,869
• − Depreciation: −$10,895
• Taxable loss: −$10,730
• Est. tax savings @ 24.0%: +$2,575
• After-tax cash flow: $-1,643/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 — Bladensburg

• Score: 64/100
• State rank: #277
• US rank: #14239

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bladensburg, MD
• County: Prince Georges County · 919,866 people
• City population: 9,801
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 9,801
• Household income: $63,810
• Rent vs Own: 78.8% rent · 21.2% own
• Severe rent burden: 810.0

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: Majority Black (57%)
• Race & ethnicity: Black 57% Hispanic / Latino 40% Two or more races 9%
• Hispanic origin (detail): Mexican 16% Dominican 2%
• Common ancestry: Swiss 1%
• Foreign-born: 38% · Canada, South Korea, Guatemala
• Languages at home: 50% English-only · Spanish 34% French/Haitian/Cajun 7% Korean 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: ▲ 16.66%
• Current HPI: 365.4382
• Rent YoY: —
• 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

+838.6% since first listed

18 events — show timeline

• 2026-05-10 Pending — BRIGHT MLS
• 2026-04-13 Price Changed $374,500 BRIGHT MLS
• 2026-01-30 Price Changed $374,900 BRIGHT MLS
• 2025-11-30 Listed $375,000 BRIGHT MLS
• 2025-11-20 Coming Soon $375,000 BRIGHT MLS
• 2007-07-09 Delisted — MRIS
• 2007-01-14 Listed — MRIS
• 2006-10-31 Delisted — MRIS
• 2006-07-30 Delisted — MRIS
• 2006-07-30 Listed — MRIS
• 2006-06-24 Listed — MRIS
• 2005-09-19 Sold (Public Records) $267,800 Public Records
• 2005-09-19 Sold (Public Records) $267,800 Public Records
• 2005-08-02 Sold (MLS) $267,900 MRIS
• 2005-06-14 Delisted — MRIS
• 2005-05-13 Listed $260,000 MRIS
• 1979-12-12 Sold (Public Records) $49,950 Public Records
• 1975-11-12 Sold (Public Records) $39,900 Public Records

Property tax history

+4.4%/yr

Latest (2025): $7,109 · +9.0% YoY. Source: county tax records.