6805 Milltown Ct · Walker Mill, MD 20747

$210,000

2 bd · 1.5 ba · 1,074 sqft · Townhouse · 110 Days on market

Built 1988 Good condition $196/sqft · 10% below area Est $233k · 10% under $320/mo HOA · 15% of rent ↓ 14% since listing

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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).

• ARV discount +12.0/15.0
• Cash flow +10.1/30.0
• 1% rule +4.9/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +3.0/5.0
• DSCR +2.9/10.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price Improvement + Instant Equity for Savvy Buyers! Welcome home to 6805 Milltown Court in District Heights, MD. This sunlit two level, 2 bedroom, 1.5 bathroom townhome style condo presents an incredible opportunity for both homeowners and investors. This home features over 1,100 square feet of inviting and functional living space with low condo fees. The updated kitchen includes stainless steel appliances, including a sleek LG ThinQ microwave, and a spacious eat in area that opens directly to a newly built deck, creating the perfect indoor outdoor flow for everyday living and entertaining. The bright main living area is filled with natural light and complemented by a convenient half bath on the main level, along with an in unit washer and dryer for added everyday ease. Upstairs, both generously sized bedrooms easily accommodate king sized beds and offer ample closet space. A beautifully updated full bathroom adds a modern touch and completes the upper level. Ideally located less than 2.5 miles from Washington, D. C. , the home offers easy access to Addison Road Seat Pleasant and Capitol Heights Metro stations, major bus lines, Central Avenue, and Pennsylvania Avenue. The nearby Addison Road Metro area is undergoing a $96 million redevelopment, supporting continued growth and long term value. This is a rare chance to secure a well located home with strong equity potential at an attractive price point. Please note this community is not FHA approved. Conventional, VA, or cash financing only.

Key facts

• Updated kitchen
• Newly built deck
• $320 HOA

Tags

• UPDATED KITCHEN
• STAINLESS STEEL APPLIANCES
• NEWLY BUILT DECK
• IN UNIT WASHER AND DRYER
• UPDATED FULL BATHROOM
• EASY ACCESS TO METRO STATIONS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $210k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-124 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $192k (8.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (0.7% below list).
• Recommended offer: $191k (9.0% below list) — sets the bar for market timing.
• Cap rate 5.6% vs local median 4.5% in Walker Mill — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Market conditions: Rents rising (+2.0%/yr); 116 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% 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 110 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 2y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $191,100 (9.0% 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 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
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: 0.99% ✗
• Cap rate: 5.58%
• Cash-on-cash: -2.54%
• DSCR: 0.89
• GRM: 8.4

CMA / ARV

• ARV (median comp): $233,408
• List price: $210,000
• Delta: -10.03%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6800 Milltown Ct	0.03mi	2/1.0	1,043 (-3%)	8mo	$211,500	$203	85
6771 Milltown Ct	0.03mi	2/1.0	1,039 (-3%)	8mo	$210,000	$202	84
6929 Bank Run Ter	0.09mi	3/1.5 (+1)	1,136 (+6%)	8mo	$299,000	$263	75
1631 Addison Rd S #1631	0.26mi	3/1.5 (+1)	1,128 (+5%)	2mo	$179,000	$159	72
1621 Addison Rd S	0.25mi	3/1.5 (+1)	1,128 (+5%)	4mo	$180,000	$160	72
1891 Addison Rd S	0.34mi	3/1.5 (+1)	1,129 (+5%)	1mo	$178,200	$158	70
1705 Addison Rd S	0.25mi	3/1.5 (+1)	1,156 (+8%)	3mo	$185,000	$160	68
1871 Addison Rd S	0.32mi	3/1.5 (+1)	1,154 (+7%)	1mo	$185,001	$160	67
1601 Addison Rd S	0.26mi	3/1.5 (+1)	1,154 (+7%)	5mo	$167,500	$145	66
1635 Addison Rd S	0.27mi	3/1.5 (+1)	1,129 (+5%)	12mo	$170,000	$151	64
1719 Addison Rd S	0.26mi	3/1.5 (+1)	1,156 (+8%)	10mo	$199,000	$172	62
7132 Marbury Ct	0.48mi	3/1.5 (+1)	1,200 (+12%)	2mo	$270,000	$225	51

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: -21.8%
• Equity multiple: 0.26×
• Total profit: $-43,790
• Equity at exit: $31,312

10-year hold

• IRR: -18.4%
• Equity multiple: 0.05×
• Total profit: $-55,747
• Equity at exit: $18,157

Cash invested: $58,800 (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: 8.4×

Monthly cashflow live

• Estimated rent: $2,085 high
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$88
• HOA: −$320
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $-124

Break-even live

Break-even rent $2,242

Max offer price $192,024

Occupancy floor —

Sensitivity live

Price	-10% $21	-5% $-52	+0% $-124	+5% $-197	+10% $-269
Rent	-10% $-289	-5% $-207	+0% $-124	+5% $-42	+10% $40
Rate	-1.0pp $-18	-0.5pp $-71	base $-124	+0.5pp $-179	+1.0pp $-234

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6769 Milltown Ct District Heights, MD	2.0	1.5	1100	$2,299	$2.09	12d	1	0.04mi
6957 Walker Mill Rd Capitol Heights, MD	3.0	2.5	1320	$2,650	$2.01	45d	1	0.07mi
1341 Karen Blvd Capitol Heights, MD	2.0	2.0	950	$2,300	$2.42	45d	1	0.11mi
7017 Migliori Ct District Heights, MD	3.0	2.5	1320	$2,650	$2.01	6d	1	0.13mi
6936 Walker Mill Rd Capitol Heights, MD	1.0–3.0	1.0–1.5	806	$1,550	$1.92	14d	11	0.13mi
1321 Karen Blvd #203 Capitol Heights, MD	1.0	1.0	798	$1,550	$1.94	45d	1	0.16mi
1741 Addison Rd S District Heights, MD	3.0	1.5	1300	$1,950	$1.50	19d	1	0.25mi
1901 Addison Rd S District Heights, MD	3.0	1.5	1154	$2,100	$1.82	45d	1	0.28mi
1925 Addison Rd S District Heights, MD	3.0	1.5	1182	$2,242	$1.90	25d	1	0.32mi
6565 Ronald Rd Capitol Heights, MD	3.0	3.5	1350	$2,650	$1.96	45d	1	0.36mi
1501 Fallsgrove Ln Unit Na District Heights, MD	1.0	1.0	1350	$1,399	$1.04	45d	1	0.57mi
5806 Burgess Rd District Heights, MD	2.0	1.0	1324	$1,950	$1.47	19d	1	1.20mi
2610 Lakehurst Ave District Heights, MD	3.0	1.0	1096	$2,150	$1.96	45d	1	1.28mi
1209 Brooke Rd Capitol Heights, MD	3.0	2.0	1000	$3,200	$3.20	19d	1	1.28mi
1634 Brooksquare Dr Capitol Heights, MD	3.0	1.5	1317	$2,250	$1.71	6d	1	1.29mi
2707 Judith Ave District Heights, MD	2.0	1.0	816	$2,500	$3.06	45d	1	1.30mi
2908 Walters Ln Unit 1 District Heights, MD	2.0	1.0	1100	$1,400	$1.27	25d	1	1.45mi
5284 Marlboro Pike Capitol Heights, MD	1.0–3.0	1.0–1.5	812	$1,637	$2.01	0d	13	1.50mi

HOA detail

• Monthly dues: $320 · $3,840/yr

Listing history 31 events

1. 2026-06-21
   days on market $210,000 Active 110 DOM
2. 2026-06-18
   days on market $210,000 Active 107 DOM
3. 2026-06-17
   days on market $210,000 Active 106 DOM
4. 2026-06-16
   days on market $210,000 Active 105 DOM
5. 2026-06-15
   days on market $210,000 Active 104 DOM
6. 2026-06-13
   pricedays on market $210,000 Active 102 DOM
7. 2026-06-10
   days on market $214,900 Active 98 DOM
8. 2026-06-08
   days on market $214,900 Active 97 DOM
9. 2026-06-07
   days on market $214,900 Active 96 DOM
10. 2026-06-04
    days on market $214,900 Active 93 DOM
11. 2026-06-03
    days on market $214,900 Active 92 DOM
12. 2026-04-20
    price $214,900 1516-char remark

    Show marketing remark (1516 chars)

    Price Improvement + Instant Equity for Savvy Buyers! Welcome home to 6805 Milltown Court in District Heights, MD. This sunlit two level, 2 bedroom, 1.5 bathroom townhome style condo presents an incredible opportunity for both homeowners and investors. This home features over 1,100 square feet of inviting and functional living space with low condo fees. The updated kitchen includes stainless steel appliances, including a sleek LG ThinQ microwave, and a spacious eat in area that opens directly to a newly built deck, creating the perfect indoor outdoor flow for everyday living and entertaining. The bright main living area is filled with natural light and complemented by a convenient half bath on the main level, along with an in unit washer and dryer for added everyday ease. Upstairs, both generously sized bedrooms easily accommodate king sized beds and offer ample closet space. A beautifully updated full bathroom adds a modern touch and completes the upper level. Ideally located less than 2.5 miles from Washington, D. C. , the home offers easy access to Addison Road Seat Pleasant and Capitol Heights Metro stations, major bus lines, Central Avenue, and Pennsylvania Avenue. The nearby Addison Road Metro area is undergoing a $96 million redevelopment, supporting continued growth and long term value. This is a rare chance to secure a well located home with strong equity potential at an attractive price point. Please note this community is not FHA approved. Conventional, VA, or cash financing only.

13. 2026-03-26
    price $219,900 1516-char remark

    Show marketing remark (1516 chars)

    Price Improvement + Instant Equity for Savvy Buyers! Welcome home to 6805 Milltown Court in District Heights, MD. This sunlit two level, 2 bedroom, 1.5 bathroom townhome style condo presents an incredible opportunity for both homeowners and investors. This home features over 1,100 square feet of inviting and functional living space with low condo fees. The updated kitchen includes stainless steel appliances, including a sleek LG ThinQ microwave, and a spacious eat in area that opens directly to a newly built deck, creating the perfect indoor outdoor flow for everyday living and entertaining. The bright main living area is filled with natural light and complemented by a convenient half bath on the main level, along with an in unit washer and dryer for added everyday ease. Upstairs, both generously sized bedrooms easily accommodate king sized beds and offer ample closet space. A beautifully updated full bathroom adds a modern touch and completes the upper level. Ideally located less than 2.5 miles from Washington, D. C. , the home offers easy access to Addison Road Seat Pleasant and Capitol Heights Metro stations, major bus lines, Central Avenue, and Pennsylvania Avenue. The nearby Addison Road Metro area is undergoing a $96 million redevelopment, supporting continued growth and long term value. This is a rare chance to secure a well located home with strong equity potential at an attractive price point. Please note this community is not FHA approved. Conventional, VA, or cash financing only.

14. 2026-02-28
    listed $224,900 Active 1516-char remark

    Show marketing remark (1516 chars)

    Price Improvement + Instant Equity for Savvy Buyers! Welcome home to 6805 Milltown Court in District Heights, MD. This sunlit two level, 2 bedroom, 1.5 bathroom townhome style condo presents an incredible opportunity for both homeowners and investors. This home features over 1,100 square feet of inviting and functional living space with low condo fees. The updated kitchen includes stainless steel appliances, including a sleek LG ThinQ microwave, and a spacious eat in area that opens directly to a newly built deck, creating the perfect indoor outdoor flow for everyday living and entertaining. The bright main living area is filled with natural light and complemented by a convenient half bath on the main level, along with an in unit washer and dryer for added everyday ease. Upstairs, both generously sized bedrooms easily accommodate king sized beds and offer ample closet space. A beautifully updated full bathroom adds a modern touch and completes the upper level. Ideally located less than 2.5 miles from Washington, D. C. , the home offers easy access to Addison Road Seat Pleasant and Capitol Heights Metro stations, major bus lines, Central Avenue, and Pennsylvania Avenue. The nearby Addison Road Metro area is undergoing a $96 million redevelopment, supporting continued growth and long term value. This is a rare chance to secure a well located home with strong equity potential at an attractive price point. Please note this community is not FHA approved. Conventional, VA, or cash financing only.

15. 2025-11-29
    historical
16. 2025-10-01
    status Active
17. 2025-09-30
    historical
18. 2025-09-11
    price $219,500
19. 2025-08-29
    status Active
20. 2025-07-02
    historical Active Under Contract
21. 2025-06-05
    listed $225,000 Active
22. 2025-06-04
    historical
23. 2024-11-14
    historical $1,850
24. 2024-10-31
    historical
25. 2024-10-12
    listed $1,850
26. 2024-10-05
    price $232,000
27. 2024-09-18
    listed $239,999 Active
28. 2024-09-17
    historical
29. 2024-09-03
    price $245,000
30. 2024-08-01
    listed $250,000 Active
31. 2024-07-20
    historical

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

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 ≥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: $25,018
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,001
• − Management: −$2,001
• − HOA: −$3,840
• − Depreciation: −$6,109
• Taxable loss: −$4,897
• Est. tax savings @ 24.0%: +$1,175
• After-tax cash flow: $-315/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 · 2 photos

Good 75/100 Cosmetic rehab

This well-maintained townhouse in District Heights, MD, offers a good investment opportunity with minimal needed repairs and updates.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and value
• Both Landscaping improvements — Enhances curb appeal and value
• Both New flooring in common areas — Improves aesthetics and functionality
• Both New kitchen appliances — Enhances functionality and appeal

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both New flooring in common areas — Improves aesthetics and functionality ↑
• Both New kitchen appliances — Enhances functionality and appeal ↑

ⓘ 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: 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

-14.0% since first listed

20 events — show timeline

• 2026-04-20 Price Changed $214,900 BRIGHT MLS
• 2026-03-26 Price Changed $219,900 BRIGHT MLS
• 2026-02-28 Listed $224,900 BRIGHT MLS
• 2025-11-29 Listing Removed — BRIGHT MLS
• 2025-10-01 Relisted — BRIGHT MLS
• 2025-09-30 Listing Removed — BRIGHT MLS
• 2025-09-11 Price Changed $219,500 BRIGHT MLS
• 2025-08-29 Relisted — BRIGHT MLS
• 2025-07-02 Contingent — BRIGHT MLS
• 2025-06-05 Listed $225,000 BRIGHT MLS
• 2025-06-04 Coming Soon — BRIGHT MLS
• 2024-11-14 Rental Removed $1,850 BRIGHTMLS
• 2024-10-31 Listing Removed — BRIGHT MLS
• 2024-10-12 Listed for Rent $1,850 BRIGHTMLS
• 2024-10-05 Price Changed $232,000 BRIGHT MLS
• 2024-09-18 Listed $239,999 BRIGHT MLS
• 2024-09-17 Listing Removed — BRIGHT MLS
• 2024-09-03 Price Changed $245,000 BRIGHT MLS
• 2024-08-01 Listed $250,000 BRIGHT MLS
• 2024-07-20 Coming Soon — BRIGHT MLS