14121 Zinnia Ln · Fountainhead-Orchard Hills, MD 21742

$58,000

2 bd · 2.0 ba · 900 sqft · SingleFamily · 13 Days on market

Built 2001 Fair condition Est $45k · 29% over

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Why this score? — see what drove the C+ 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
• Rent growth +3.6/5.0
• Livability +2.5/5.0
• Schools +2.3/10.0
• Condition / age +2.2/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you're seeking the ease of one-level living, this move-in ready home in the Fortney Homes community on the north end of Hagerstown is a must-see! Featuring two spacious bedrooms both with walk-in closets and two full bathrooms, the layout offers both comfort and convenience. One of the bathrooms includes a relaxing jacuzzi-style bathtub—perfect for unwinding at the end of the day. The kitchen features a bar-style countertop, creating a casual eat-in dining area. The home has been thoughtfully maintained and updated over the years, including: 2025: Installed new LVP flooring throughout entire home 2023: Repainted both porches 2022: Installed new toilet in front bathroom 2021: Painted and replaced roof on shed; added wood backing to anchor and secure skirting 2020: Installed new furnace with A/C 2013: Replaced hot water heater (40-gallon) 2007: Installed new GE glass top range 2003: Replaced back door with steel door and storm door 2002: Installed new outdoor sconces over front windows 2001: Added awning to front porch; new kitchen sink faucet The siding on the entire home has been power washed every other year, ensuring excellent exterior upkeep. Outside, you'll find a private two-car driveway and a storage shed that conveys with the property. Trash pickup is included in the ground rent. Please note: All sales are subject to park approval.

Key facts

• Pantry
• Split bedroom design
• Large living room

Tags

• MOUNTAIN AND FARMLAND VIEWS
• LARGE LIVING ROOM
• OPEN KITCHEN
• PANTRY
• INCLUDED APPLIANCES
• SPLIT BEDROOM DESIGN

Property features AI

Finance

• Other: Not in a federal flood zone; Good property condition
• Financial info: Ground rent paid annually (listed as annual ground rent in income/expense info)
• HOA & community: Property located in Fortney Homes park; Ground rent monthly ($640) with 99 years remaining; Property manager present; Pets allowed on a case-by-case basis

Exterior

• Parking: Concrete driveway with space for 2 vehicles; Total of 2 garage/parking spaces
• Utilities: Public water; Public sewer; Electric service for heat, cooling and hot water; No municipal trash service
• Home design: Manufactured single-wide home (Fleetwood Coronado 2662b); Estimated year built; Above-grade living space (estimated 900 finished square feet); Ground rent exists (paid monthly)
• Construction: Vinyl siding; Shingle roof; Building not winterized
• Exterior features: Porch(es) (enclosed); Rear yard; Side yards; Backs to trees / trees and wooded area; Shed

Interior

• Kitchen: Electric oven/range; Range hood; Refrigerator; Breakfast area; Pantry
• Bedrooms: 2 bedrooms on the main level
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central heat (electric); Central air conditioning (electric)
• Interior features: Soaking tub; Stall shower; Tub-shower combination; Ceiling fans; Pantry; Master bath; Walk-in closet(s); Window treatments; Breakfast area; Paneled walls; Storm door(s)
• Laundry & utility: Washer and electric dryer in main-floor laundry; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $58k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $689 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $58k).
• Cap rate 20.5% vs local median 3.4% in Fountainhead-Orchard Hills — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Washingtion County Public Schools (suburban): math 18% / reading 33% proficiency, ranked #13 of 24 in MD (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Maugansville Elementary (math 13% / reading 17%, grade F, #451 of 860 statewide, top 54%, 676 students, 64% FRL); Western Heights Middle (math 6% / reading 30%, grade F, #165 of 225 statewide, top 75%, 903 students, 77% FRL); North Hagerstown High (math 31% / reading 63%, grade D-, #114 of 222 statewide, top 52%, 1,438 students, 62% FRL) — zoned schools average 68% FRL vs 39% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.5%/yr); 220 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 232 units permitted in Washington County in 2024 (12 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $401 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.5% rent growth), your $16k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 2y ago; this cycle's ask is 16% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $45k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $58,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 2.38% ✓
• Cap rate: 20.54%
• Cash-on-cash: 50.90%
• DSCR: 3.26
• GRM: 3.5

CMA / ARV

• ARV (on-the-fly): $45,000
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14121 Zinnia Ln	0.00mi	2/2.0	900 (0%)	12mo	$45,000	$50	90
18809 Eliason Way	0.09mi	2/2.0	925 (+3%)	21mo	$41,500	$45	74
14110 Zinnia Dr	0.05mi	2/1.0	784 (-13%)	21mo	$45,000	$57	54

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 · 4.46% rent growth · sell at horizon

5-year hold

• IRR: 50.4%
• Equity multiple: 3.25×
• Total profit: $36,547
• Equity at exit: $8,648

10-year hold

• IRR: 56.4%
• Equity multiple: 6.98×
• Total profit: $97,088
• Equity at exit: $5,015

Cash invested: $16,240 (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 21742

• Home prices YoY: -32.5%
• Rents YoY: 4.5%
• Active inventory: 220
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,379 medium
• Mortgage (P&I): −$304
• Tax est. 1.5%: −$72 /mo · $870/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $689

Break-even live

Break-even rent $507

Max offer price $58,000

Occupancy floor 45%

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: $14,500
• Closing costs: $1,740
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18704 Mesa Ter Hagerstown, MD	2.0	1.0	1000	$1,150	$1.15	13d	1	0.33mi

Listing history 11 events

1. 2026-06-18
   pricedays on market $58,000 Active 13 DOM
2. 2026-06-17
   days on market $62,500 Active 12 DOM
3. 2026-06-16
   days on market $62,500 Active 11 DOM
4. 2026-06-15
   days on market $62,500 Active 10 DOM
5. 2026-06-14
   pricedays on market $62,500 Active 8 DOM
6. 2026-06-13
   days on market $65,000 Active 7 DOM
7. 2026-06-10
   days on market $65,000 Active 5 DOM
8. 2026-06-09
   days on market $65,000 Active 4 DOM
9. 2026-06-08
   days on market $65,000 Active 3 DOM
10. 2026-06-07
    remarks 693-char remark
11. 2026-06-07
    listed $65,000 Active 2 DOM

ⓘ 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: $16,551
• − Mortgage interest: −$3,249
• − Property taxes: −$870
• − Insurance: −$290
• − Repairs & maintenance: −$1,324
• − Management: −$1,324
• − Depreciation: −$1,687
• Taxable income: $7,807
• Est. tax owed @ 24.0%: −$1,874
• After-tax cash flow: $6,392/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

The home requires moderate repairs and updates to improve its condition and value. Fresh paint, new flooring, and updated cabinets would significantly enhance its appeal.

Repairs flagged

• Moderate Kitchen cabinets — Worn and dated appearance.
• Minor Bathroom shower curtain — Worn and could be replaced for a fresh look.

Value-add opportunities

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics.
• Both Replace worn hardwood flooring — New flooring improves the home's appearance and value.
• Both Replace worn kitchen cabinets — New cabinets update the kitchen and improve functionality.
• Both Replace worn bathroom shower curtain — Fresh curtains enhance the bathroom's appearance and functionality.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Worn and dated appearance.	Moderate	$3,000–15,000
Bathroom shower curtain · Worn and could be replaced for a fresh look.	Minor	$500–3,000
Total estimated repair cost · 2 items		$3,500–18,000

Value-add ROI direction

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Replace worn hardwood flooring — New flooring improves the home's appearance and value. ↑
• Both Replace worn kitchen cabinets — New cabinets update the kitchen and improve functionality. ↑
• Both Replace worn bathroom shower curtain — Fresh curtains enhance the bathroom's appearance and functionality. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Washingtion County Public Schools
• NCES district ID: 2400660
• Math proficiency: 18% ▼ -20.00%
• Reading proficiency: 33% ▼ -17.00%
• Median HH income: $54,784
• Composite: 22.87/100
• National rank: #8007
• State rank: #13 of 24 in MD

Livability — Fountainhead-Orchard Hills

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Fountainhead-Orchard Hills, MD
• County: Washington County · 98,861 people
• Metro: Hagerstown-Martinsburg, MD-WV
• Population (ZIP): 34,069
• Household income: $86,288
• Rent vs Own: 31.0% rent · 69.0% own
• Severe rent burden: 896.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 151,614 people
• By 2030: 151,455 · -0.1%
• By 2040: 150,097 · -1.0%
• By 2050: 148,193 · -2.3%
• By 2075: 146,581 · -3.3%
• By 2100: 138,025 · -9.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Two or more races 11% Hispanic / Latino 10% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 2%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% German/W. Germanic 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+23.0) · D 37.3% · R 60.4% · Other 2.3%
• 2008→2024 swing: -10.2pp toward R · 2008: -12.9pp · 2024: -23.0pp
• All cycles: 2024: R+23.0 2020: R+20.9 2016: R+32.4 2012: R+18.5 2008: R+12.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.60%
• Current HPI: 235.6784
• Rent YoY: ▲ 4.46%
• Metro: Hagerstown-Martinsburg, 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

+35.4% since first listed

11 events — show timeline

• 2026-06-06 Price Changed $65,000 BRIGHT MLS
• 2026-06-06 Listed $50,000 BRIGHT MLS
• 2025-06-11 Sold (MLS) $45,000 BRIGHT MLS
• 2025-05-14 Contingent — BRIGHT MLS
• 2025-05-03 Listed $45,000 BRIGHT MLS
• 2025-04-30 Coming Soon $45,000 BRIGHT MLS
• 2024-11-17 Pending — BRIGHT MLS
• 2024-11-16 Listing Removed — BRIGHT MLS
• 2024-10-14 Relisted — BRIGHT MLS
• 2024-08-27 Pending — BRIGHT MLS
• 2024-07-31 Listed $48,000 BRIGHT MLS