3220 Orient Fishtail Rd · Maryland City, MD 20724

$465,000

3 bd · 3.0 ba · 2,169 sqft · SingleFamily public records · 6 Days on market

Built 1997 4,852 sqft lot $214/sqft · 13% below area Est $571k · 19% under $99/mo HOA · 3% of rent

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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 +15.0/15.0
• Cash flow +7.2/30.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Appreciation +3.5/10.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +1.4/10.0

Listing remarks MLS

Beautifully Updated Russett Colonial. Stainless Steel & Granite Kitchen with 42" Maple Cabinets. Master Bath Renovated in 2017-Ceramic & Granite-Beautiful! Great Lower Level Family Room with Wood Burning Fireplace 1/2 Bath & Bonus Room. Main Level Laundry. Relax in the Fenced rear yard with it's Two Level Deck, . HVAC & Water Heater 2019. New Roof with Lifetime Warranty 2015. Sellers request one month rent back. Call Listing agent for virtual and in person showing instructions

Key facts

• 4,852 sq ft lot
• Garage
• Community pool

Property features AI

Finance

• Other: Ownership: Fee simple; Federal flood zone designation
• HOA & community: HOA fee: $99 monthly; HOA covers common area maintenance, recreation facility, management, pool(s), reserve funds, snow removal, and other services; Community amenities include bike trails, clubhouse, common grounds, jogging/walking paths, library, meeting and party rooms, picnic area, outdoor pool, racquet ball, tennis courts, playgrounds, and volleyball courts

Exterior

• Parking: Front-entry attached garage with garage door opener; Concrete driveway; One garage/parking space
• Utilities: Public water; Public sewer; Electric service 120/240V
• Home design: Detached single-family home; Architectural shingle roof; Vinyl siding; Permanent foundation; Above-grade and below-grade finished space
• Construction: Vinyl siding construction; Architectural shingle roof; Permanent foundation; Structure type: Detached
• Exterior features: Community outdoor pool; No tidal water

Interior

• Kitchen: Built-in microwave; Dishwasher; Garbage disposal; Gas oven/range; Refrigerator; Stainless steel appliances
• Bedrooms: Three bedrooms on the upper level
• Flooring: Carpet
• Bathrooms: Two full bathrooms (upper level); Two half bathrooms (one on main level, one on lower level)
• Heating & cooling: Forced air heating; Electric heat; Heat pump cooling; 120/240V electrical service; Electric hot water
• Interior features: Carpet; Ceiling fans; Formal dining room; Gourmet kitchen; Kitchen with table space; Master bathroom; Pantry; Walk-in closets; Full, finished basement with connecting stairway, sump pump, and windows (about 90% finished); Wood-burning fireplace (1)
• Laundry & utility: Washer and dryer included; Laundry on main floor

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $465k.

Deal economics

• At list price, monthly cash flow is $-636 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $353k (24.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $315k (32.3% below list).
• Recommended offer: $315k (32.3% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 3.4% in Maryland City — 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 75/100 on livability (#108 in MD, #4,306 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: crime C-, commute F, cost of living 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: Brock Bridge Elementary (math 6% / reading 13%, grade F, #642 of 860 statewide, top 75%, 472 students, 76% FRL); Meade Middle (math 4% / reading 19%, grade F, #205 of 225 statewide, top 92%, 788 students, 79% FRL); Meade High (math 25% / reading 50%, grade F, #138 of 222 statewide, top 63%, 2,330 students, 59% FRL) — zoned schools average 71% FRL vs 25% district-wide (46 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.8%/yr); 128 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).
• This rent runs 32% of the median local income ($118k/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 $3k of loan paydown is wiped out by about $14k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 23y 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.

Risks & watch-outs

• 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 $314,859 (32.3% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.68% ✗
• Cap rate: 4.65%
• Cash-on-cash: -5.86%
• DSCR: 0.74
• GRM: 12.3

CMA / ARV

• ARV (median comp): $571,048
• List price: $465,000
• Delta: -18.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3220 Orient Fishtail Rd	0.00mi	3/3.0	2,312 (+7%)	0mo	$480,000	$208	89
8316 Pigeon Fork Ln	0.19mi	3/3.0	2,164 (-0%)	4mo	$590,000	$273	87
3233 Orient Fishtail Rd	0.04mi	3/2.5	2,296 (+6%)	6mo	$500,000	$218	82
3219 Orient Fishtail Rd	0.05mi	3/3.0	2,239 (+3%)	15mo	$530,000	$237	80
8309 Pigeon Fork Ln	0.16mi	3/2.5	2,198 (+1%)	11mo	$540,000	$246	79
3210 Shadow Park Dr	0.10mi	3/3.0	2,216 (+2%)	18mo	$565,000	$255	77
8238 Lyndhurst St	0.12mi	3/2.5	2,181 (+1%)	19mo	$527,500	$242	76
3206 Shadow Park Dr	0.10mi	3/2.5	2,319 (+7%)	12mo	$567,000	$245	71
8312 Pigeon Fork Ln	0.17mi	3/2.5	2,396 (+10%)	16mo	$526,700	$220	59
3511 Ridgemoor Dr	0.61mi	4/2.5 (+1)	2,240 (+3%)	17mo	$501,000	$224	45
3006 Shoreline Blvd	0.54mi	4/3.5 (+1)	2,368 (+9%)	20mo	$685,000	$289	36

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 · 5.84% rent growth · sell at horizon

5-year hold

• IRR: -23.4%
• Equity multiple: 0.18×
• Total profit: $-106,631
• Equity at exit: $69,333

10-year hold

• IRR: -12.2%
• Equity multiple: 0.19×
• Total profit: $-104,821
• Equity at exit: $40,205

Cash invested: $130,200 (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 20724

• Home prices YoY: -1.1%
• Rents YoY: 5.8%
• Active inventory: 128
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $3,149 high
• Mortgage (P&I): −$2,439
• Tax from tax record: −$392 /mo · $4,709/yr
• Insurance: −$194
• HOA: −$99
• Vacancy / Maint / Mgmt: −$661
• Net cashflow: $-636

Break-even live

Break-even rent $3,954

Max offer price $352,596

Occupancy floor —

Sensitivity live

Price	-10% $-373	-5% $-505	+0% $-636	+5% $-768	+10% $-900
Rent	-10% $-885	-5% $-761	+0% $-636	+5% $-512	+10% $-388
Rate	-1.0pp $-402	-0.5pp $-518	base $-636	+0.5pp $-757	+1.0pp $-879

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: $116,250
• Closing costs: $13,950
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7903 Orion Cir Laurel, MD	1.0–3.0	1.0–2.0	1277	$3,320	$2.60	0d	29	0.09mi
8308 Lyndhurst St Laurel, MD	3.0	3.0	2402	$3,300	$1.37	45d	1	0.20mi
8229 Shooting Star Ln Laurel, MD	4.0	3.5	2150	$3,375	$1.57	25d	1	0.20mi
8026 Pennington Dr Unit 8026 Laurel, MD	2.0	2.5	1872	$2,850	$1.52	6d	1	0.21mi
8185 Scenic Meadow Dr Laurel, MD	1.0–3.0	1.0–2.0	1131	$2,875	$2.54	0d	1	0.22mi
249 Sycamore Ridge Rd Laurel, MD	2.0	2.5	1421	$2,500	$1.76	45d	1	0.26mi
3406 Carriage Walk Ct Unit 3-A Laurel, MD	3.0	2.5	1612	$2,995	$1.86	25d	1	0.27mi
3418 Carriage Walk Ct Unit 9-A Laurel, MD	3.0	2.5	2186	$3,500	$1.60	45d	1	0.28mi
3511 Carriage Walk Ln Laurel, MD	3.0	3.0	2182	$2,875	$1.32	25d	1	0.29mi
3553 Morning Star Pl Laurel, MD	3.0	2.5	1580	$3,000	$1.90	19d	1	0.33mi
8224 Spadderdock Way Laurel, MD	2.0	2.0	1608	$2,700	$1.68	6d	1	0.59mi
3024 Beaver Creek Rd Laurel, MD	3.0	2.5	2160	$2,995	$1.39	45d	1	0.62mi
8504 Mayaone St Laurel, MD	3.0	2.5	2164	$3,100	$1.43	6d	1	0.69mi
8615 Jacks Reef Rd Unit 3 Laurel, MD	3.0	2.0	2700	$3,400	$1.26	45d	1	0.82mi
3507 Spring Rd Laurel, MD	3.0	3.0	2372	$3,000	$1.26	25d	1	0.93mi
3507 Spring Rd Laurel, MD	3.0	3.0	2372	$3,000	$1.26	6d	1	0.93mi
1510 Bottlebrush Ln S Laurel, MD	3.0	3.5	1632	$3,050	$1.87	45d	1	1.03mi
1309 Bracken Ln Laurel, MD	4.0	4.0	1948	$3,800	$1.95	45d	1	1.05mi
311 Hazel Alder Ln Laurel, MD	3.0	3.5	1593	$3,000	$1.88	25d	1	1.12mi
10125 Junction Dr Annapolis Junction, MD	2.0	1.0–2.0	1057	$3,534	$3.34	13d	29	1.15mi
3101 Runnel Ln Laurel, MD	3.0	3.5	1505	$3,499	$2.32	3d	1	1.24mi
207 Sweetbay Ln Laurel, MD	3.0	3.5	1752	$2,995	$1.71	0d	1	1.24mi
234 Mainstream Dr Laurel, MD	4.0	3.5	2036	$4,000	$1.96	45d	1	1.27mi
244 Mainstream Dr Laurel, MD	3.0	3.5	1592	$3,400	$2.14	45d	1	1.28mi
297 Freshet Ln Laurel, MD	3.0	3.5	1592	$2,995	$1.88	25d	1	1.30mi
3397 Fountain Grn S Laurel, MD	3.0	2.5	1662	$2,700	$1.62	25d	1	1.43mi
3398 Cormorant Dr Laurel, MD	3.0	3.5	1632	$3,200	$1.96	45d	1	1.49mi

HOA detail

• Monthly dues: $99 · $1,188/yr
• Likely covers: water

Listing history 10 events

1. 2026-05-15
   listed $465,000 Active 524-char remark
2. 2026-05-14
   historical $465,000 524-char remark
3. 2020-05-19
   soldstatus $400,000
4. 2020-05-15
   soldstatus $400,000 Closed 514-char remark

   Show marketing remark (514 chars)

   Beautifully Updated Russett Colonial. Stainless Steel & Granite Kitchen with 42" Maple Cabinets. Master Bath Renovated in 2017-Ceramic & Granite-Beautiful! Great Lower Level Family Room with Wood Burning Fireplace 1/2 Bath & Bonus Room. Main Level Laundry. Relax in the Fenced rear yard with it's Two Level Deck, . HVAC & Water Heater 2019. New Roof with Lifetime Warranty 2015. Sellers request one month rent back. Call Listing agent for virtual and in person showing instructions

5. 2020-04-06
   status Pending 514-char remark

   Show marketing remark (514 chars)

   Beautifully Updated Russett Colonial. Stainless Steel & Granite Kitchen with 42" Maple Cabinets. Master Bath Renovated in 2017-Ceramic & Granite-Beautiful! Great Lower Level Family Room with Wood Burning Fireplace 1/2 Bath & Bonus Room. Main Level Laundry. Relax in the Fenced rear yard with it's Two Level Deck, . HVAC & Water Heater 2019. New Roof with Lifetime Warranty 2015. Sellers request one month rent back. Call Listing agent for virtual and in person showing instructions

6. 2020-04-02
   listed $390,000 Active 514-char remark

   Show marketing remark (514 chars)

   Beautifully Updated Russett Colonial. Stainless Steel & Granite Kitchen with 42" Maple Cabinets. Master Bath Renovated in 2017-Ceramic & Granite-Beautiful! Great Lower Level Family Room with Wood Burning Fireplace 1/2 Bath & Bonus Room. Main Level Laundry. Relax in the Fenced rear yard with it's Two Level Deck, . HVAC & Water Heater 2019. New Roof with Lifetime Warranty 2015. Sellers request one month rent back. Call Listing agent for virtual and in person showing instructions

7. 2003-09-16
   soldstatus $285,000
8. 2003-07-14
   soldstatus $285,000

   Show marketing remark (402 chars)

   GORGEOUS 6 YEAR OLD COLONIAL W/ GARAGE LOCATED ON A BEAUTIFULLY LANDSCAPED LOT W/ FENCED REAR YARD & GREAT DECK OFF KITCHEN. 3 FULL FINISHED LEVELS, EAT-IN KITCHEN W/ ALL WHITE APPLIANCES & FORMAL DINING ROOM. MASTER SUITE HAS VAULTED CEILIING, HUGE WALK-IN CLOSET & MASTER BATH. LOWER LEVEL FAMILY ROOM HAS BRICK FIREPLACE , BERBER CARPET & RECESSED LIGHTING. ALARM SYSTEM TOO!

9. 2003-06-05
   historical

   Show marketing remark (402 chars)

   GORGEOUS 6 YEAR OLD COLONIAL W/ GARAGE LOCATED ON A BEAUTIFULLY LANDSCAPED LOT W/ FENCED REAR YARD & GREAT DECK OFF KITCHEN. 3 FULL FINISHED LEVELS, EAT-IN KITCHEN W/ ALL WHITE APPLIANCES & FORMAL DINING ROOM. MASTER SUITE HAS VAULTED CEILIING, HUGE WALK-IN CLOSET & MASTER BATH. LOWER LEVEL FAMILY ROOM HAS BRICK FIREPLACE , BERBER CARPET & RECESSED LIGHTING. ALARM SYSTEM TOO!

10. 2003-05-14
    listed $284,900

    Show marketing remark (402 chars)

    GORGEOUS 6 YEAR OLD COLONIAL W/ GARAGE LOCATED ON A BEAUTIFULLY LANDSCAPED LOT W/ FENCED REAR YARD & GREAT DECK OFF KITCHEN. 3 FULL FINISHED LEVELS, EAT-IN KITCHEN W/ ALL WHITE APPLIANCES & FORMAL DINING ROOM. MASTER SUITE HAS VAULTED CEILIING, HUGE WALK-IN CLOSET & MASTER BATH. LOWER LEVEL FAMILY ROOM HAS BRICK FIREPLACE , BERBER CARPET & RECESSED LIGHTING. ALARM SYSTEM TOO!

ⓘ 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: $4,709 · $392/mo
• Projected year-2 tax: $4,889 · $407/mo
• Expected delta: +$180/yr (+$15/mo · 3.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 22% 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: $37,783
• − Mortgage interest: −$26,047
• − Property taxes: −$4,709
• − Insurance: −$2,325
• − Repairs & maintenance: −$3,023
• − Management: −$3,023
• − HOA: −$1,188
• − Depreciation: −$13,527
• Taxable loss: −$16,059
• Est. tax savings @ 24.0%: +$3,854
• After-tax cash flow: $-3,781/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 — Maryland City

• Score: 75/100
• State rank: #108
• US rank: #4306

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maryland City, MD
• County: Anne Arundel County · 535,653 people
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 19,369
• Household income: $118,115
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 614.0

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 0.69)
• Race & ethnicity: Black 43% Hispanic / Latino 24% White 24% Native American 8% Asian 7% Two or more races 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Romanian 2% Italian 1% Lithuanian 1%
• Foreign-born: 24% · Canada, Jamaica, Philippines
• Languages at home: 69% English-only · Spanish 20% Other Indo-European 2% Chinese 1%

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: ▼ -3.04%
• Current HPI: 269.7445
• Rent YoY: ▲ 5.84%
• 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

+68.5% since first listed

13 events — show timeline

• 2026-06-16 Sold (MLS) $480,000 BRIGHT MLS
• 2026-05-28 Pending — BRIGHT MLS
• 2026-05-21 Contingent — BRIGHT MLS
• 2026-05-15 Listed $465,000 BRIGHT MLS
• 2026-05-14 Coming Soon $465,000 BRIGHT MLS
• 2020-05-19 Sold (Public Records) $400,000 Public Records
• 2020-05-15 Sold (MLS) $400,000 BRIGHT MLS
• 2020-04-06 Pending — BRIGHT MLS
• 2020-04-02 Listed $390,000 BRIGHT MLS
• 2003-09-16 Sold (Public Records) $285,000 Public Records
• 2003-07-14 Sold (MLS) $285,000 MRIS
• 2003-06-05 Delisted — MRIS
• 2003-05-14 Listed $284,900 MRIS

Property tax history

+4.8%/yr

Latest (2025): $4,709 · +2.5% YoY. Source: county tax records.