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2310 Ewing Ave #201
C- Composite 52.29
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 +19.2/30.0
  • ARV discount +9.5/15.0
  • 1% rule +7.7/10.0
  • DSCR +6.0/10.0
  • 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

$120,000

2310 Ewing Ave #201 · Suitland, MD 20746
1 bd · 1.0 ba · 725 sqft · Condo public records · 64 Days on market
Built 1965 $166/sqft · at area comps Est $126k · at est. $241/mo HOA · 16% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming and well-maintained 1-bedroom, 1-bath condo in the heart of Suitland, offering 725 square feet of thoughtfully designed living space. Perfect for first-time buyers, downsizers, or investors, this home delivers comfort, convenience, and value just minutes from Washington, DC. Step inside to a bright and inviting layout featuring generous natural light and a functional floor plan that maximizes every square foot. The living and dining areas flow seamlessly, creating an ideal space for both everyday living and entertaining. The spacious bedroom offers ample closet space, while the full bathroom is conveniently located and well-appointed. Enjoy a low-maintenance lifestyle with a condo fee that covers common area maintenance, snow removal, trash, and water. Located just minutes from major commuter routes and the Suitland Metro Station, this home provides easy access to downtown DC, Joint Base Andrews, and surrounding areas. Whether you're looking for a place to call home or a smart investment opportunity, this condo offers the perfect balance of location and livability.

Key facts

  • $241 HOA
  • Built 1965
  • Listed 63 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $120k.

Deal economics

  • At list price, monthly cash flow is $129 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $113k (6.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% 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; 37 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; 1,481 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 $830 of loan paydown is wiped out by about $4k 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 64 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $22k; list at $120k implies a 445% gain — meaningful room to come down on a strong offer.

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 $112,800 (6.0% below list)

Questions for the listing agent

  1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  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 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
1.27%
Cap rate
7.58%
Cash-on-cash
4.61%
DSCR
1.20
GRM
6.6

CMA / ARV

ARV (median comp)
$125,721
List price
$120,000
Delta
-4.55%
Verdict
FAIR
Comps
20 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-13.3%
Equity multiple
0.54×
Total profit
$-15,522
Equity at exit
$17,892
10-year hold
IRR
-11.7%
Equity multiple
0.42×
Total profit
$-19,491
Equity at exit
$10,375

Cash invested: $33,600 (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.

ZIP-level market 20746

Home prices YoY
-15.7%
Rents YoY
-1.2%
Active inventory
95
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,524 high interval (Pro) →
Mortgage (P&I)
$629
Tax from tax record
$155 /mo · $1,856/yr
Insurance
$50
HOA
$241
Vacancy / Maint / Mgmt
$320
Net cashflow
$129

Break-even live

Break-even rent $1,361
Max offer price $120,000
Occupancy floor 87%

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
$30,000
Closing costs
$3,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2641 Shadyside Ave Suitland, MD 1.0–3.0 1.0–1.5 860 $1,230 $1.43 2d 16 0.35mi
4110 Suitland Rd Suitland, MD 1.0–3.0 1.0–2.0 955 $1,248 $1.31 2d 15 0.48mi
2901 Toles Park Dr Suitland, MD 1.0–2.0 1.0 740 $1,244 $1.68 44d 9 0.63mi
2316 Brooks Dr Suitland, MD 1.0–3.0 1.0–2.0 908 $1,365 $1.50 3d 9 0.73mi
4113 Southern Ave SE Capitol Heights, MD 3.0 1.0–1.5 816 $1,559 $1.91 1d 45 0.77mi
3930 Suitland Rd Suitland, MD 1.0–2.0 1.0 772 $1,240 $1.61 2d 29 0.79mi
3901 Suitland Rd Suitland, MD 1.0–2.0 1.0 816 $1,335 $1.64 3d 10 0.89mi
2100 Brooks Dr District Heights, MD 2.0 1.0–2.0 914 $1,364 $1.49 20d 27 0.91mi
2114 Suitland Ter SE Washington, DC 2.0 1.0 650 $1,800 $2.77 24d 1 0.92mi
2115 Suitland Ter SE Washington, DC 2.0 1.0 637 $1,695 $2.66 24d 1 0.94mi
3220 Swann Rd Suitland, MD 2.0 1.0 648 $1,600 $2.47 20d 11 0.95mi
3923 Pennsylvania Ave SE #301 Washington, DC 2.0 1.0 652 $1,850 $2.84 24d 1 0.95mi
3215 Swann Rd Suitland, MD 1.0–2.0 1.0 753 $1,420 $1.89 17d 14 0.96mi
3935 S St SE #304 Washington, DC 2.0 1.0 735 $2,500 $3.40 24d 1 0.97mi
4348 Southern Ave SE Unit Radiance Washington, DC 2.0 1.0 550 $2,200 $4.00 19d 1 0.97mi
4348 Southern Ave SE Washington, DC 2.0 1.0 650 $2,300 $3.54 24d 1 0.97mi
3956 Pennsylvania Ave SE #203 Washington, DC 2.0 1.0 636 $1,600 $2.52 8d 1 0.98mi
5237 Marlboro Pike Capitol Heights, MD 3.0 1.0 655 $1,264 $1.93 44d 1 1.03mi
2001 Fort Davis St SE #202 Washington, DC 2.0 1.0 614 $1,650 $2.69 24d 1 1.04mi
3812 W St SE #101 Washington, DC 2.0 1.0 629 $1,800 $2.86 24d 1 1.05mi
2107 Fort Davis St SE #301 Washington, DC 2.0 1.0 620 $1,700 $2.74 19d 1 1.05mi
3400 Pearl Dr Suitland, MD 1.0–3.0 1.0–1.5 851 $1,198 $1.41 1d 8 1.06mi
3808 W St SE #101 Washington, DC 2.0 1.0 623 $2,200 $3.53 24d 1 1.06mi
3811 V St SE Washington, DC 2.0 1.0 629 $1,595 $2.54 2d 1 1.07mi
2057 38th St SE #301 Washington, DC 2.0 1.0 625 $1,700 $2.72 19d 1 1.13mi
3415 Parkway Terrace Dr Hillcrest Heights, MD 1.0–2.0 1.0 730 $1,373 $1.88 44d 1 1.13mi
3416 Curtis Dr Suitland, MD 1.0–3.0 1.0–1.5 779 $1,306 $1.68 2d 25 1.14mi
1935 Brooks Dr Capitol Heights, MD 1.0–3.0 1.0–1.5 865 $1,245 $1.44 2d 9 1.15mi
3501 Terrace Dr Hillcrest Heights, MD 1.0–2.0 1.0 800 $1,398 $1.75 2d 15 1.15mi
2017 37th St SE #301 Washington, DC 2.0 1.0 644 $1,895 $2.94 24d 1 1.19mi
5284 Marlboro Pike Capitol Heights, MD 1.0–3.0 1.0–1.5 812 $1,495 $1.84 2d 12 1.20mi
819 51st St SE Unit 5 Washington, DC 1.0 1.0 650 $1,000 $1.54 8d 1 1.40mi
5031 H St SE Apt 1 Washington, DC 1.0 1.0 565 $1,095 $1.94 2d 1 1.41mi
5031 H St SE Unit 4 Washington, DC 1.0 1.0 530 $1,195 $2.25 24d 1 1.41mi
5031 H St SE Apt 1 Washington, DC 1.0 1.0 530 $1,095 $2.07 14d 1 1.41mi
3001 Branch Ave Temple Hills, MD 2.0 1.0 769 $1,678 $2.18 1d 43 1.46mi
3103 Good Hope Ave Hillcrest Heights, MD 3.0 1.0–2.0 851 $1,898 $2.23 2d 12 1.47mi

HOA detail condo

Monthly dues
$241 · $2,892/yr
Likely covers
watertrashsnow removal
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 16 events

  1. 2026-06-18
    days on market $120,000 Active 64 DOM
  2. 2026-06-17
    days on market $120,000 Active 63 DOM
  3. 2026-06-16
    days on market $120,000 Active 62 DOM
  4. 2026-06-15
    days on market $120,000 Active 61 DOM
  5. 2026-06-13
    days on market $120,000 Active 59 DOM
  6. 2026-06-10
    days on market $120,000 Active 55 DOM
  7. 2026-06-08
    days on market $120,000 Active 54 DOM
  8. 2026-06-07
    days on market $120,000 Active 53 DOM
  9. 2026-06-04
    days on market $120,000 Active 50 DOM
  10. 2026-06-03
    days on market $120,000 Active 49 DOM
  11. 2026-06-02
    days on market $120,000 Active 48 DOM
  12. 2026-06-01
    days on market $120,000 Active 47 DOM
  13. 2026-05-31
    days on market $120,000 Active 46 DOM
  14. 2026-04-16
    listed $120,000 Active 1106-char remark
    Show marketing remark (1106 chars)

    Welcome to this charming and well-maintained 1-bedroom, 1-bath condo in the heart of Suitland, offering 725 square feet of thoughtfully designed living space. Perfect for first-time buyers, downsizers, or investors, this home delivers comfort, convenience, and value just minutes from Washington, DC. Step inside to a bright and inviting layout featuring generous natural light and a functional floor plan that maximizes every square foot. The living and dining areas flow seamlessly, creating an ideal space for both everyday living and entertaining. The spacious bedroom offers ample closet space, while the full bathroom is conveniently located and well-appointed. Enjoy a low-maintenance lifestyle with a condo fee that covers common area maintenance, snow removal, trash, and water. Located just minutes from major commuter routes and the Suitland Metro Station, this home provides easy access to downtown DC, Joint Base Andrews, and surrounding areas. Whether you're looking for a place to call home or a smart investment opportunity, this condo offers the perfect balance of location and livability.

  15. 2026-04-13
    historical $120,000 1106-char remark
    Show marketing remark (1106 chars)

    Welcome to this charming and well-maintained 1-bedroom, 1-bath condo in the heart of Suitland, offering 725 square feet of thoughtfully designed living space. Perfect for first-time buyers, downsizers, or investors, this home delivers comfort, convenience, and value just minutes from Washington, DC. Step inside to a bright and inviting layout featuring generous natural light and a functional floor plan that maximizes every square foot. The living and dining areas flow seamlessly, creating an ideal space for both everyday living and entertaining. The spacious bedroom offers ample closet space, while the full bathroom is conveniently located and well-appointed. Enjoy a low-maintenance lifestyle with a condo fee that covers common area maintenance, snow removal, trash, and water. Located just minutes from major commuter routes and the Suitland Metro Station, this home provides easy access to downtown DC, Joint Base Andrews, and surrounding areas. Whether you're looking for a place to call home or a smart investment opportunity, this condo offers the perfect balance of location and livability.

  16. 1988-08-11
    soldstatus $22,000

ⓘ 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
$1,856 · $155/mo
Projected year-2 tax
$1,856 · $155/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 · 15 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,288
− Mortgage interest
−$6,722
− Property taxes
−$1,856
− Insurance
−$600
− Repairs & maintenance
−$1,463
− Management
−$1,463
− HOA
−$2,892
− Depreciation
−$3,491
Taxable loss
−$199
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$48
After-tax cash flow
$1,596/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

Price history

+445.5% since first listed
3 events — show timeline
  • 2026-04-16 Listed $120,000 BRIGHT MLS
  • 2026-04-13 Coming Soon $120,000 BRIGHT MLS
  • 1988-08-11 Sold (Public Records) $22,000 Public Records

Property tax history

+6.8%/yr

Latest (2025): $1,856 · +10.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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