11755 Triadelphia Rd · Ellicott City, MD 21042

$234,567

4 bd · 1.0 ba · 1,014 sqft · SingleFamily public records · 4 Days on market

Built 1942 1.00 ac lot $231/sqft · 21% below area

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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 +25.8/30.0
• DSCR +8.6/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.8/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

List Price is suggested starting bid at Public Auction. Affordable Housing in Howard County, MD. Remodeled Cape Cod located in country setting yet close to all amenities. 4 BR, possible 5 and 2 full bathrooms, Full basement for extra space with fireplace. Terms: $10,000 Deposit at conclusion of Auction. Property and Home sold As-Is, with no warranties expressed or implied. 30 day Settlement provided by Land Abstract & Escrow, Ellicott City, MD.

Key facts

• 1 acre lot
• Built 1942
• Listed 4 days

Property features AI

Exterior

• Parking: Asphalt driveway
• Utilities: Well water; Septic system sized to number of bedrooms; 100 amp electric service
• Home design: Detached structure; Main entrance faces west
• Construction: Stick-built construction; Concrete perimeter foundation; Shingle roof; Includes a storage barn/shed; Above-grade and below-grade structures
• Exterior features: Backs to trees; Cleared lot; Level lot; Other exterior features

Interior

• Kitchen: Stove; Refrigerator
• Basement: Improved basement
• Bedrooms: Four bedrooms on the upper level
• Flooring: Fully carpeted
• Bathrooms: Two full bathrooms (one on main level, one on upper level)
• Fireplace: One wood-burning fireplace
• Heating & cooling: Central heating; Window air conditioning units; Electric hot water
• Interior features: Plaster walls; Dining area; Carpeted surfaces throughout
• Laundry & utility: Washer and electric dryer (laundry in basement)

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $568 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $235k).
• Cap rate 9.2% vs local median 2.4% in Ellicott 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 76/100 on livability (#92 in MD, #3,461 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, employment A+, housing A+; Watch: commute D, cost of living F.
• Howard County Public Schools (suburban): math 34% / reading 49% proficiency, ranked #1 of 24 in MD (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 15% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+2.2%/yr); 185 active listings in the ZIP; high-income renter base; 881 units permitted in Howard County in 2024 (285 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Howard County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; built in 1942 — expect roof / HVAC / electrical / plumbing capex.
• 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 $234,567

Questions for the listing agent

1. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
5. 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.
6. 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.
7. 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: 1.29% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.37%
• DSCR: 1.46
• GRM: 6.5

CMA / ARV

• ARV (median comp): $499,419
• List price: $234,567
• Delta: -53.03%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.19% rent growth · sell at horizon

5-year hold

• IRR: -1.7%
• Equity multiple: 0.94×
• Total profit: $-4,121
• Equity at exit: $34,975

10-year hold

• IRR: 7.1%
• Equity multiple: 1.51×
• Total profit: $33,798
• Equity at exit: $20,281

Cash invested: $65,679 (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 21042

• Rents YoY: 2.2%
• Active inventory: 185
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $3,021 medium
• Mortgage (P&I): −$1,230
• Tax from tax record: −$491 /mo · $5,891/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$634
• Net cashflow: $568

Break-even live

Break-even rent $2,302

Max offer price $234,567

Occupancy floor 76%

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: $58,642
• Closing costs: $7,037
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-05-04
   status Pending 454-char remark
2. 2026-04-30
   listed $234,567 Active 454-char remark

ⓘ 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: $5,891 · $491/mo
• Projected year-2 tax: $5,891 · $491/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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $36,252
• − Mortgage interest: −$13,139
• − Property taxes: −$5,891
• − Insurance: −$1,173
• − Repairs & maintenance: −$2,900
• − Management: −$2,900
• − Depreciation: −$6,824
• Taxable income: $3,424
• Est. tax owed @ 24.0%: −$822
• After-tax cash flow: $5,992/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: Howard County Public Schools
• NCES district ID: 2400420
• Math proficiency: 34% ▼ -22.00%
• Reading proficiency: 49% ▼ -11.00%
• Median HH income: $108,056
• Composite: 41.23/100
• National rank: #3535
• State rank: #1 of 24 in MD

Livability — Ellicott City

• Score: 76/100
• State rank: #92
• US rank: #3461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Howard County · 282,651 people
• City population: 91,852
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 43,327
• Household income: $190,061
• Rent vs Own: 15.3% rent · 84.7% own
• Severe rent burden: 758.0

Population outlook (Howard County) Hauer SSP2

• Today (2025): 367,857 people
• By 2030: 394,054 · +7.1%
• By 2040: 443,509 · +20.6%
• By 2050: 488,124 · +32.7%
• By 2075: 594,860 · +61.7%
• By 2100: 648,772 · +76.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 57% Asian 29% Two or more races 7% Hispanic / Latino 4% Black 4%
• Common ancestry: Italian 3% Romanian 3% Slovak 2%
• Foreign-born: 24% · China, South Korea, Canada
• Languages at home: 70% English-only · Other Indo-European 7% Chinese 6% Korean 6%

Political lean MEDSL · Howard

• 2024 margin: Solid D (+41.8) · D 69.1% · R 27.4% · Other 3.5%
• 2008→2024 swing: +19.9pp toward D · 2008: 21.9pp · 2024: 41.8pp
• All cycles: 2024: D+41.8 2020: D+44.3 2016: D+33.5 2012: D+21.2 2008: D+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -355.83%
• Current HPI: 288.5787
• Rent YoY: ▲ 2.19%
• 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

+71.2% since first listed

3 events — show timeline

• 2026-06-04 Sold (MLS) $401,500 BRIGHT MLS
• 2026-05-04 Pending — BRIGHT MLS
• 2026-04-30 Listed $234,567 BRIGHT MLS

Property tax history

+7.0%/yr

Latest (2025): $5,891 · +5.1% YoY. Source: county tax records.