7990 Rodman Ct · Glen Burnie, MD 21061

$315,000

4 bd · 2.0 ba · 1,376 sqft · Townhouse public records · 4 Days on market

Built 1978 6,978 sqft lot Est $315k · at est.

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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).

• Cash flow +13.8/30.0
• ARV discount +7.5/15.0
• DSCR +4.2/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• 1% rule +3.2/10.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 7990 Rodman Court! This freshly updated split-level duplex offers over 1,450 finished square feet of comfortable living space. Fresh paint and brand-new carpet throughout create a bright, move-in-ready interior. The open floor plan provides a seamless flow between the main living areas, making everyday living and entertaining a breeze. With 4 bedrooms, 1 full bathroom, and 2 half bathrooms, there is plenty of flexible space for a variety of living arrangements. Step outside to enjoy the covered rear deck overlooking the fully fenced backyard, offering the perfect spot for relaxing, entertaining, or enjoying the outdoors. The home also includes convenient driveway for two. Major u

Key facts

• 2 parking spots
• Built 1978
• Listed 4 days

Property features AI

Finance

• Other: Ownership: Fee simple; Property condition reported as Good to Very Good

Exterior

• Parking: Driveway parking (2 spaces); Total garage and parking spaces: 2; Concrete driveway
• Utilities: Public water; Public sewer; Municipal trash service; Cable TV available; Electric available; Propane available
• Home design: Semi-detached; Entry facing direction not specified; Year built source: Assessor
• Construction: Vinyl siding; Block foundation; Architectural shingle roof
• Exterior features: Deck(s); Sidewalks; Rear fencing; Front yard landscaping; Located on a cul-de-sac; Shed

Interior

• Kitchen: Dishwasher; Disposal; Stove; Refrigerator; Freezer; Kitchen island
• Bedrooms: Three main-level bedrooms; One lower-level bedroom
• Flooring: Carpet; Vinyl
• Bathrooms: One full bathroom; Two half bathrooms (one on main level, one on lower level)
• Heating & cooling: Heat pump(s); Central air conditioning; Electric and owned propane heating fuel; 200+ amp electric service
• Interior features: Open floor plan; Ceiling fan(s); Dining area; Kitchen island; Tub with shower; Drywall walls and ceilings; Partially finished basement with windows; Electric fireplace (1)
• Laundry & utility: Washer; Dryer; Laundry located on lower floor; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath townhouse listed at $315k.

Deal economics

• At list price, monthly cash flow is $29 ($349/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $257k (18.3% below list).
• Recommended offer: $257k (18.3% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 4.4% in Glen Burnie — 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 72/100 on livability (#135 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing A+; Watch: cost of living C-, crime F, amenities F.
• Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Southgate Elementary (math 12% / reading 18%, grade F, #451 of 860 statewide, top 54%, 697 students, 59% FRL); Old Mill Middle North (math 9% / reading 35%, grade F, #125 of 225 statewide, top 58%, 960 students, 61% FRL); Old Mill High (math 38% / reading 62%, grade D+, #106 of 222 statewide, top 48%, 2,445 students, 48% FRL) — zoned schools average 56% FRL vs 25% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.9%/yr); 142 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).
• This rent runs 35% of the median local income ($88k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $117k; list at $315k implies a 169% 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 $257,219 (18.3% below list)

Questions for the listing agent

1. Built in 1978 — 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 D-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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.82% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.40%
• DSCR: 1.02
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $315,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7989 Scotts Manor Ct	0.02mi	3/2.0 (-1)	1,376 (0%)	6mo	$315,000	$229	89
7990 Rodman Ct	0.00mi	4/2.0	1,513 (+10%)	0mo	$335,000	$221	83
223 Highlander Dr	0.07mi	4/2.0	1,468 (+7%)	11mo	$378,500	$258	77
7911 Foxbridge Dr	0.28mi	3/1.5 (-1)	1,460 (+6%)	0mo	$375,000	$257	69
7978 Oakwood Rd	0.45mi	3/2.5 (-1)	1,264 (-8%)	12mo	$365,000	$289	49
457 Cornell Ct	0.74mi	3/1.5 (-1)	1,440 (+5%)	3mo	$290,000	$201	48
228 Nathan Way	0.69mi	3/2.5 (-1)	1,280 (-7%)	5mo	$325,000	$254	45
236 Michele Cir	0.57mi	3/1.5 (-1)	1,500 (+9%)	9mo	$270,000	$180	44
218 Rebecca Ann Ct	0.68mi	3/2.5 (-1)	1,280 (-7%)	13mo	$340,512	$266	39
268 Glenda Ct	0.58mi	3/1.5 (-1)	1,580 (+15%)	6mo	$307,500	$195	36
230 Glenda Ct	0.62mi	3/2.0 (-1)	1,580 (+15%)	10mo	$355,000	$225	33
266 Nathan Way	0.68mi	3/2.5 (-1)	1,580 (+15%)	7mo	$325,000	$206	30

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 · 3.87% rent growth · sell at horizon

5-year hold

• IRR: -14.8%
• Equity multiple: 0.47×
• Total profit: $-46,986
• Equity at exit: $46,968

10-year hold

• IRR: -4.9%
• Equity multiple: 0.67×
• Total profit: $-29,318
• Equity at exit: $27,235

Cash invested: $88,200 (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 21061

• Rents YoY: 3.9%
• Active inventory: 142
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,572 high
• Mortgage (P&I): −$1,652
• Tax from tax record: −$220 /mo · $2,637/yr
• Insurance: −$131
• HOA: −$0
• Vacancy / Maint / Mgmt: −$540
• Net cashflow: $29

Break-even live

Break-even rent $2,535

Max offer price $315,000

Occupancy floor 94%

Sensitivity live

Price	-10% $207	-5% $118	+0% $29	+5% $-60	+10% $-149
Rent	-10% $-174	-5% $-72	+0% $29	+5% $131	+10% $232
Rate	-1.0pp $188	-0.5pp $109	base $29	+0.5pp $-53	+1.0pp $-136

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
225 Foxmanor Ln Glen Burnie, MD	3.0	2.5	1690	$2,900	$1.72	45d	1	0.22mi
7810 Foxcove Ct Glen Burnie, MD	3.0	2.0	1580	$2,500	$1.58	7d	1	0.30mi
210 Michele Cir Millersville, MD	3.0	2.5	1820	$2,595	$1.43	16d	1	0.58mi
204 Michele Cir Millersville, MD	3.0	3.0	1680	$2,600	$1.55	45d	1	0.59mi
462 Norvelle Ct Glen Burnie, MD	3.0	1.5	1280	$2,209	$1.73	25d	1	0.83mi
7847 Americana Cir Glen Burnie, MD	1.0–3.0	1.0–2.0	891	$2,149	$2.41	0d	15	0.85mi
1229 Crawford Dr Glen Burnie, MD	3.0	2.0	1656	$2,950	$1.78	25d	1	1.18mi
602 Milldam Ct Millersville, MD	1.0–3.0	1.0–1.5	943	$2,228	$2.36	0d	16	1.30mi
8096 Crainmont Dr Glen Burnie, MD	2.0–3.0	1.0–2.5	1062	$2,575	$2.42	0d	24	1.33mi
551 Short Curve Rd Glen Burnie, MD	3.0	1.5	1174	$2,550	$2.17	25d	1	1.38mi
8034 Greenleaf Ter Glen Burnie, MD	1.0–3.0	1.0–1.5	892	$2,190	$2.46	0d	47	1.49mi

Listing history 3 events

1. 2026-06-02
   statusdays on market $315,000 Pending 4 DOM
2. 2026-06-01
   days on market $315,000 Active 3 DOM
3. 2026-05-31
   days on market $315,000 Active 2 DOM

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

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $2,637 · $220/mo
• Projected year-2 tax: $3,035 · $253/mo
• Expected delta: +$398/yr (+$33/mo · 15.1%)

ⓘ 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 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,866
• − Mortgage interest: −$17,645
• − Property taxes: −$2,637
• − Insurance: −$1,575
• − Repairs & maintenance: −$2,469
• − Management: −$2,469
• − Depreciation: −$9,164
• Taxable loss: −$5,093
• Est. tax savings @ 24.0%: +$1,222
• After-tax cash flow: $1,572/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: Anne Arundel County Public Schools
• NCES district ID: 2400060
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 37% ▼ -13.00%
• Median HH income: $87,880
• Composite: 28.52/100
• National rank: #6733
• State rank: #10 of 24 in MD

Livability — Glen Burnie

• Score: 72/100
• State rank: #135
• US rank: #5815

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glen Burnie, MD
• County: Anne Arundel County · 535,653 people
• City population: 96,960
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 57,230
• Household income: $87,751
• Rent vs Own: 43.7% rent · 56.3% own
• Severe rent burden: 2134.0

Population outlook (Anne Arundel County) Hauer SSP2

• Today (2025): 617,384 people
• By 2030: 642,094 · +4.0%
• By 2040: 686,621 · +11.2%
• By 2050: 723,031 · +17.1%
• By 2075: 809,346 · +31.1%
• By 2100: 837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 50% Black 26% Hispanic / Latino 11% Two or more races 10% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Lithuanian 1% Slovak 1%
• Foreign-born: 12% · Canada, Dominican Republic
• Languages at home: 84% English-only · Spanish 9% Tagalog/Filipino 2% Other Indo-European 2%

Political lean MEDSL · Anne Arundel

• 2024 margin: D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
• 2008→2024 swing: +15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
• All cycles: 2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -341.00%
• Current HPI: 300.196
• Rent YoY: ▲ 3.87%
• 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

+513.1% since first listed

5 events — show timeline

• 2026-05-30 Listed $315,000 BRIGHT MLS
• 2026-05-29 Coming Soon $315,000 BRIGHT MLS
• 1996-07-25 Sold (Public Records) $117,000 Public Records
• 1992-06-30 Sold (Public Records) $114,000 Public Records
• 1978-10-03 Sold (Public Records) $51,375 Public Records

Property tax history

+4.1%/yr

Latest (2025): $2,637 · +2.6% YoY. Source: county tax records.