3813 Swann Rd #104 · Suitland, MD 20746

$65,000

1 bd · 1.0 ba · 740 sqft · Condo public records · 44 Days on market

Built 1965 $88/sqft · 43% below area Est $115k · 43% under $501/mo HOA · 35% of rent

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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 +24.8/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +8.0/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

One bed unit with secured access entry into building. 2nd level unit with French doors & parking right out front. See attachment for PAS requirements and WFHM offer submittal information in MLS documents section.

Key facts

• $501 HOA
• Built 1965
• Listed 43 days

Property features AI

Finance

• HOA & community: Monthly condo fee of $501.50; Condo fee covers common area maintenance; Property manager present

Exterior

• Utilities: Public water; Public sewer; Natural gas available; Electric available
• Home design: Condominium; Garden-style building (1–4 floors); Unit/flat; Entry on level 1
• Construction: Brick construction; Built year per assessor
• Exterior features: Common grounds

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Dining area; Traditional floor plan; Living Room; Dining Room; Kitchen; Bedroom 1
• Laundry & utility: Washer/dryer hookup in unit

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $65k.

Deal economics

• At list price, monthly cash flow is $138 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.9% in Suitland — 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 69/100 on livability (#189 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment B; Watch: health & safety C-, schools F, crime 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.
• Market conditions: Rents soft (-1.2%/yr); 95 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k 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 44 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y 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 $30k; list at $65k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 35% of rent.
• 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 $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.17% ✓
• Cap rate: 8.84%
• Cash-on-cash: 9.08%
• DSCR: 1.40
• GRM: 3.8

CMA / ARV

• ARV (median comp): $114,877
• List price: $65,000
• Delta: -43.42%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.69×
• Total profit: $-5,557
• Equity at exit: $9,692

10-year hold

• IRR: -10.0%
• Equity multiple: 0.55×
• Total profit: $-8,141
• Equity at exit: $5,620

Cash invested: $18,200 (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 20746

• Home prices YoY: -15.7%
• Rents YoY: -1.2%
• Active inventory: 95
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,413 high
• Mortgage (P&I): −$341
• Tax from tax record: −$110 /mo · $1,316/yr
• Insurance: −$27
• HOA: −$501
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $138

Break-even live

Break-even rent $1,239

Max offer price $65,000

Occupancy floor 85%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4400 Telfair Blvd Suitland, MD	1.0–3.0	1.0–2.0	1157	$1,876	$1.62	4d	12	0.65mi
3400 Pearl Dr Suitland, MD	1.0–3.0	1.0–1.5	851	$1,198	$1.41	1d	8	0.69mi
3415 Parkway Terrace Dr Hillcrest Heights, MD	1.0–2.0	1.0	730	$1,373	$1.88	43d	1	0.71mi
3220 Swann Rd Suitland, MD	2.0	1.0	648	$1,600	$2.47	20d	11	0.74mi
3215 Swann Rd Suitland, MD	1.0–2.0	1.0	753	$1,420	$1.89	16d	14	0.74mi
3501 Terrace Dr Hillcrest Heights, MD	1.0–2.0	1.0	800	$1,398	$1.75	1d	15	1.01mi
2901 Toles Park Dr Suitland, MD	1.0–2.0	1.0	740	$1,244	$1.68	43d	9	1.09mi
6311 Pennsylvania Ave District Heights, MD	1.0–3.0	1.0	883	$1,397	$1.58	1d	10	1.35mi
2641 Shadyside Ave Suitland, MD	1.0–3.0	1.0–1.5	860	$1,230	$1.43	2d	16	1.35mi
6501 Hil Mar Dr District Heights, MD	1.0–3.0	1.0–1.5	1014	$1,400	$1.38	43d	27	1.37mi
4221 28th Ave Marlow Heights, MD	1.0–2.0	1.0	698	$1,185	$1.70	43d	1	1.47mi
2900 Saint Clair Dr Temple Hills, MD	1.0–2.0	1.0	765	$1,260	$1.65	18d	1	1.49mi

HOA detail condo

• Monthly dues: $501 · $6,012/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 32 events

1. 2026-06-18
   days on market $65,000 Active 44 DOM
2. 2026-06-17
   days on market $65,000 Active 43 DOM
3. 2026-06-16
   days on market $65,000 Active 42 DOM
4. 2026-06-15
   days on market $65,000 Active 41 DOM
5. 2026-06-13
   days on market $65,000 Active 39 DOM
6. 2026-06-10
   days on market $65,000 Active 35 DOM
7. 2026-06-08
   days on market $65,000 Active 34 DOM
8. 2026-06-07
   days on market $65,000 Active 33 DOM
9. 2026-06-04
   days on market $65,000 Active 30 DOM
10. 2026-06-03
    days on market $65,000 Active 29 DOM
11. 2026-06-02
    days on market $65,000 Active 28 DOM
12. 2026-06-01
    days on market $65,000 Active 27 DOM
13. 2026-05-31
    days on market $65,000 Active 26 DOM
14. 2026-05-06
    listed $65,000 Active 670-char remark
15. 2026-05-05
    historical $65,000 670-char remark
16. 2016-05-23
    soldstatus $29,833 Sold 218-char remark

    Show marketing remark (218 chars)

    One bed unit with secured access entry into building. 2nd level unit with French doors & parking right out front. See attachment for PAS requirements and WFHM offer submittal information in MLS documents section.

17. 2016-03-17
    status Contingent (No Kick Out) 218-char remark

    Show marketing remark (218 chars)

    One bed unit with secured access entry into building. 2nd level unit with French doors & parking right out front. See attachment for PAS requirements and WFHM offer submittal information in MLS documents section.

18. 2016-02-23
    listed $33,000 Active 218-char remark

    Show marketing remark (218 chars)

    One bed unit with secured access entry into building. 2nd level unit with French doors & parking right out front. See attachment for PAS requirements and WFHM offer submittal information in MLS documents section.

19. 2007-02-21
    soldstatus $120,000
20. 2007-02-21
    soldstatus $120,000
21. 2007-01-19
    soldstatus $120,000

    Show marketing remark (114 chars)

    LOVELY 1BDR 1BTH UNIT FEATURING AN UPDATED KITCHEN AND BATHROOM, FRESH PAINT, CARPET 1 1/2 YEARS NEW. SOLD AS- IS.

22. 2006-12-28
    historical

    Show marketing remark (114 chars)

    LOVELY 1BDR 1BTH UNIT FEATURING AN UPDATED KITCHEN AND BATHROOM, FRESH PAINT, CARPET 1 1/2 YEARS NEW. SOLD AS- IS.

23. 2006-11-17
    listed $120,000

    Show marketing remark (114 chars)

    LOVELY 1BDR 1BTH UNIT FEATURING AN UPDATED KITCHEN AND BATHROOM, FRESH PAINT, CARPET 1 1/2 YEARS NEW. SOLD AS- IS.

24. 2005-02-22
    soldstatus $60,000
25. 2005-02-22
    soldstatus $60,000
26. 2005-01-14
    soldstatus $60,000
27. 2005-01-08
    historical
28. 2005-01-06
    listed $60,000
29. 1999-08-06
    soldstatus $45,000
30. 1999-08-05
    listed $45,000
31. 1999-08-05
    historical
32. 1989-11-09
    soldstatus $47,200

ⓘ 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: $1,316 · $110/mo
• Projected year-2 tax: $1,316 · $110/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 ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,957
• − Mortgage interest: −$3,641
• − Property taxes: −$1,316
• − Insurance: −$325
• − Repairs & maintenance: −$1,357
• − Management: −$1,357
• − HOA: −$6,012
• − Depreciation: −$1,891
• Taxable income: $1,059
• Est. tax owed @ 24.0%: −$254
• After-tax cash flow: $1,398/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 — Suitland

• Score: 69/100
• State rank: #189
• US rank: #8521

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Suitland, MD
• County: Prince Georges County · 919,866 people
• City population: 27,494
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 27,156
• Household income: $79,330
• Rent vs Own: 65.0% rent · 35.0% own
• Severe rent burden: 1879.0

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 (85%)
• Race & ethnicity: Black 85% White 5% Hispanic / Latino 5% Two or more races 5%
• Foreign-born: 8% · Canada, United Kingdom, Guatemala
• Languages at home: 90% English-only · Spanish 4% 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: ▼ -52.82%
• Current HPI: 284.5911
• Rent YoY: ▼ -1.24%
• 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

+37.7% since first listed

19 events — show timeline

• 2026-05-06 Listed $65,000 BRIGHT MLS
• 2026-05-05 Coming Soon $65,000 BRIGHT MLS
• 2016-05-23 Sold (MLS) $29,833 MRIS
• 2016-03-17 Pending — MRIS
• 2016-02-23 Listed $33,000 MRIS
• 2007-02-21 Sold (Public Records) $120,000 Public Records
• 2007-02-21 Sold (Public Records) $120,000 Public Records
• 2007-01-19 Sold (MLS) $120,000 MRIS
• 2006-12-28 Delisted — MRIS
• 2006-11-17 Listed $120,000 MRIS
• 2005-02-22 Sold (Public Records) $60,000 Public Records
• 2005-02-22 Sold (Public Records) $60,000 Public Records
• 2005-01-14 Sold (MLS) $60,000 MRIS
• 2005-01-08 Delisted — MRIS
• 2005-01-06 Listed $60,000 MRIS
• 1999-08-06 Sold (MLS) $45,000 MRIS
• 1999-08-05 Listed $45,000 MRIS
• 1999-08-05 Delisted — MRIS
• 1989-11-09 Sold (Public Records) $47,200 Public Records

Property tax history

+4.8%/yr

Latest (2025): $1,316 · +12.8% YoY. Source: county tax records.