13800 Farnsworth Ln #5107 · Marlboro Village, MD 20772

$215,000

2 bd · 2.0 ba · 1,050 sqft · Condo · 34 Days on market

Built 1998 Good condition $400/mo HOA · 16% of rent

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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 +16.9/30.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• DSCR +5.2/10.0
• Rent growth +5.0/5.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful contemporary condo! Features two spacious bedrooms and two full bathrooms. Open concept living/dining room with cozy fireplace and walkout to private balcony. Freshly painted throughout. Washer and dryer in unit! Storage bin located on lower level of the building. Within minutes to Upper Marlboro Courthouse, I-495 and Andrews AFB.

Key facts

• Private balcony
• Cozy fireplace
• Minutes to i-495

Tags

• COZY FIREPLACE
• PRIVATE BALCONY
• WASHER AND DRYER IN UNIT
• MINUTES TO I-495
• MINUTES TO ANDREWS AFB

Property features AI

Finance

• HOA & community: Condo fee approximately $400 monthly; HOA covers common area maintenance, insurance, lawn maintenance, parking fee, sewer, snow removal, trash, and water

Exterior

• Parking: Parking lot with 3 spaces (total 3 garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Condominium unit / flat; Entry on level 1
• Construction: Brick and vinyl siding exterior; Above-grade and below-grade structures
• Exterior features: Garden-style building (1–4 floors); Pets allowed with no pet restrictions; Common grounds; Storage bin

Interior

• Bedrooms: Two bedrooms on the main level
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Central heating; Natural gas heating; Central air conditioning (electric)
• Interior features: No basement; Accessibility features present
• Laundry & utility: Washer/dryer hookup in unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $215k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $141 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $215k).
• Recommended offer: $209k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.1% vs local median 4.8% in Marlboro Village — 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 66/100 on livability (#226 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: cost of living D, amenities F, commute 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.
• Zoned schools: Barack Obama Elementary (math 4% / reading 16%, grade F, #602 of 860 statewide, top 71%, 746 students, 57% FRL); James Madison Middle (math 4% / reading 27%, grade F, #190 of 225 statewide, top 85%, 873 students, 62% FRL); Dr. Henry A. Wise Jr. High (math 17% / reading 38%, grade F, #158 of 222 statewide, top 71%, 2,257 students, 59% FRL).
• Market conditions: Rents rising fast (+9.8%/yr); 313 active listings in the ZIP; 14 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; 1,481 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 $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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $60k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,550 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 1.19% ✓
• Cap rate: 7.08%
• Cash-on-cash: 2.80%
• DSCR: 1.12
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -5.1%
• Equity multiple: 0.80×
• Total profit: $-12,050
• Equity at exit: $32,057

10-year hold

• IRR: 10.7%
• Equity multiple: 2.06×
• Total profit: $63,882
• Equity at exit: $18,589

Cash invested: $60,200 (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 20772

• Rents YoY: 9.8%
• Active inventory: 313
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,565 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$400
• Vacancy / Maint / Mgmt: −$539
• Net cashflow: $141

Break-even live

Break-even rent $2,387

Max offer price $215,000

Occupancy floor 90%

Sensitivity live

Price	-10% $289	-5% $215	+0% $141	+5% $66	+10% $-8
Rent	-10% $-62	-5% $39	+0% $141	+5% $242	+10% $343
Rate	-1.0pp $249	-0.5pp $195	base $141	+0.5pp $85	+1.0pp $28

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13810 Fareham Ln Upper Marlboro, MD	2.0	2.5	1327	$2,700	$2.03	26d	1	0.13mi
13803 Bentwaters Dr Upper Marlboro, MD	2.0	2.5	986	$2,270	$2.30	20d	1	0.15mi
13901 Ascott Dr Upper Marlboro, MD	2.0	1.5	998	$2,657	$2.66	6d	1	0.15mi
13817 Amberfield Ct Upper Marlboro, MD	2.0	2.5	1160	$2,595	$2.24	26d	1	0.23mi
13811 Churchville Dr Upper Marlboro, MD	3.0	2.5	1160	$3,000	$2.59	14d	1	0.25mi
14210 Slidell Ct Upper Marlboro, MD	1.0–3.0	1.0–2.0	971	$2,377	$2.45	0d	4	0.25mi
4720 Colonel Ashton Pl #430 Upper Marlboro, MD	2.0	1.5	1327	$2,500	$1.88	45d	1	0.45mi
13555 Lord Baltimore Pl Upper Marlboro, MD	2.0	2.0	1162	$2,325	$2.00	26d	1	0.52mi
13920 Lord Fairfax Pl Upper Marlboro, MD	3.0	2.5	1498	$3,050	$2.04	0d	1	0.56mi
14005 Lord Marlborough Pl Unit 21-5 Upper Marlboro, MD	2.0	2.0	971	$2,100	$2.16	22d	1	0.63mi
4442 Lord Loudoun Ct Upper Marlboro, MD	1.0	1.0	700	$2,100	$3.00	45d	1	0.67mi
13560 Lord Sterling Pl Unit 9-4 Upper Marlboro, MD	2.0	1.0	894	$1,999	$2.24	45d	1	0.69mi
13173 Ripon Pl Upper Marlboro, MD	3.0	1.5	1146	$2,425	$2.12	6d	1	0.85mi
13052 Salford Ter Upper Marlboro, MD	3.0	3.5	1096	$2,725	$2.49	45d	1	0.92mi

HOA detail condo

• Monthly dues: $400 · $4,800/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 15 events

1. 2026-06-21
   days on market $215,000 Active 34 DOM
2. 2026-06-18
   days on market $215,000 Active 31 DOM
3. 2026-06-17
   days on market $215,000 Active 30 DOM
4. 2026-06-16
   days on market $215,000 Active 29 DOM
5. 2026-06-15
   days on market $215,000 Active 28 DOM
6. 2026-06-13
   days on market $215,000 Active 26 DOM
7. 2026-06-10
   days on market $215,000 Active 22 DOM
8. 2026-06-08
   days on market $215,000 Active 21 DOM
9. 2026-06-07
   days on market $215,000 Active 20 DOM
10. 2026-06-04
    days on market $215,000 Active 17 DOM
11. 2026-06-03
    days on market $215,000 Active 16 DOM
12. 2026-06-02
    days on market $215,000 Active 15 DOM
13. 2026-06-01
    days on market $215,000 Active 14 DOM
14. 2026-05-31
    days on market $215,000 Active 13 DOM
15. 2026-05-18
    listed $215,000 Active

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,780
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,462
• − Management: −$2,462
• − HOA: −$4,800
• − Depreciation: −$6,255
• Taxable loss: −$1,543
• Est. tax savings @ 24.0%: +$370
• After-tax cash flow: $2,056/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 · 20 photos

Good 80/100 Cosmetic rehab

This well-maintained townhouse is move-in ready with fresh paint and minor updates needed to enhance curb appeal and functionality.

Repairs flagged

• Minor Kitchen cabinets — Worn appearance
• Minor Bathroom fixtures — Dated appearance
• Minor Bedroom carpet — Signs of wear

Value-add opportunities

• Both Paint freshening — Fresh paint enhances curb appeal and interior
• Both Replace dated fixtures — Modern fixtures improve functionality and aesthetics
• Both Replace worn cabinets — New cabinets improve functionality and aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Worn appearance	Minor	$500–3,000
Bathroom fixtures · Dated appearance	Minor	$500–3,000
Bedroom carpet · Signs of wear	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Both Paint freshening — Fresh paint enhances curb appeal and interior ↑
• Both Replace dated fixtures — Modern fixtures improve functionality and aesthetics ↑
• Both Replace worn cabinets — New cabinets improve functionality and aesthetics ↑

ⓘ 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 — Marlboro Village

• Score: 66/100
• State rank: #226
• US rank: #11335

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marlboro Village, MD
• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 54,319
• Household income: $139,403
• Rent vs Own: 10.7% rent · 89.3% own
• Severe rent burden: 524.0

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 (78%)
• Race & ethnicity: Black 78% White 10% Hispanic / Latino 7% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 1%
• Foreign-born: 10% · Canada, China
• Languages at home: 88% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -184.63%
• Current HPI: 251.8236
• Rent YoY: ▲ 9.80%
• 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

1 event — show timeline

• 2026-05-18 Listed $215,000 BRIGHT MLS