13103 6th St · Bowie, MD 20720

$298,000

3 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 39 Days on market

Built 1962 7,500 sqft lot $273/sqft · 17% below area Est $360k · 17% under ↓ 20% since listing

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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 +18.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +5.2/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Now open to all Bidders!!! Charming single-family rambler situated on a spacious lot with a private backyard in the heart of Bowie. Enjoy the convenience of being within walking distance to the WB & A Trail, perfect for walking, biking, and outdoor recreation. Ideally located near Bowie Town Center, offering easy access to shopping, dining, and everyday conveniences. Commuters will appreciate the quick access to major routes including Route 50, Route 301, I-495, and I-95, making travel to Washington, D. C. , Baltimore, and surrounding areas a breeze. HUD owned case # 249-505026. IE (Insured Escrow) Subject to Appraisal”. * HUD homes are Sold "AS IS''. Please refer to http://

Key facts

• Private backyard
• 7,500 sq ft lot
• Built 1962

Tags

• PRIVATE BACKYARD
• NEAR BOWIE TOWN CENTER
• QUICK ACCESS TO MAJOR ROUTES

Property features AI

Finance

• Financial info: Ownership: Fee simple; Land and improvement assessed values reported (assessor)

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Detached structure; Frame construction
• Construction: Frame construction; Permanent foundation; Above grade and below grade structures noted; Year built reported by assessor
• Exterior features: Tidal water: No; Above-grade finished living area reported as 1,092 (per assessor)

Interior

• Bedrooms: 3 bedrooms on main level
• Bathrooms: 1 full bathroom on main level
• Heating & cooling: Other heating; Other cooling; Other hot water
• Interior features: No basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $298k.

Deal economics

• At list price, monthly cash flow is $255 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $298k).
• Recommended offer: $289k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 4.0% in Bowie — 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 71/100 on livability (#159 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: health & safety C-, 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.
• Market conditions: 120 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $2k of loan paydown is wiped out by about $9k 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 39 days — a 3% lower offer ($289k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $289,060 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 7.32%
• Cash-on-cash: 3.67%
• DSCR: 1.16
• GRM: 8.1

CMA / ARV

• ARV (median comp): $359,718
• List price: $298,000
• Delta: -17.16%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12707 Duckettown Rd	0.31mi	3/2.0	1,108 (+2%)	6mo	$268,275	$242	74
8711 Chestnut Ave	0.11mi	2/1.0 (-1)	1,158 (+6%)	7mo	$335,000	$289	74
12903 7th St	0.30mi	3/2.0	960 (-12%)	2mo	$405,000	$422	60
13137 12th St	0.36mi	3/1.0	979 (-10%)	8mo	$317,000	$324	60
13314 10th St	0.43mi	2/1.0 (-1)	994 (-9%)	5mo	$350,000	$352	56
8600 Elm Ave	0.37mi	3/1.0	1,008 (-8%)	19mo	$350,000	$347	54
13411 11th St	0.58mi	2/1.5 (-1)	1,000 (-8%)	8mo	$385,000	$385	45
12701 10th St	0.59mi	2/1.0 (-1)	960 (-12%)	18mo	$345,000	$359	32

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-31,918
• Equity at exit: $44,433

10-year hold

• IRR: -1.1%
• Equity multiple: 0.92×
• Total profit: $-6,419
• Equity at exit: $25,766

Cash invested: $83,440 (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 20720

• Active inventory: 120
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $3,054 medium
• Mortgage (P&I): −$1,563
• Tax from tax record: −$470 /mo · $5,644/yr
• Insurance: −$124
• HOA: −$0
• Vacancy / Maint / Mgmt: −$641
• Net cashflow: $255

Break-even live

Break-even rent $2,731

Max offer price $298,000

Occupancy floor 87%

Sensitivity live

Price	-10% $424	-5% $340	+0% $255	+5% $171	+10% $87
Rent	-10% $14	-5% $135	+0% $255	+5% $376	+10% $497
Rate	-1.0pp $405	-0.5pp $331	base $255	+0.5pp $178	+1.0pp $100

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: $74,500
• Closing costs: $8,940
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11803 Drummond Ct Bowie, MD	2.0	2.0	1188	$1,650	$1.39	45d	1	1.40mi
7403 Old Chapel Dr Bowie, MD	2.0	1.0	1200	$2,000	$1.67	20d	1	1.42mi

Listing history 16 events

1. 2026-06-21
   days on market $298,000 Active 39 DOM
2. 2026-06-18
   days on market $298,000 Active 36 DOM
3. 2026-06-17
   days on market $298,000 Active 35 DOM
4. 2026-06-16
   days on market $298,000 Active 34 DOM
5. 2026-06-15
   days on market $298,000 Active 33 DOM
6. 2026-06-13
   days on market $298,000 Active 31 DOM
7. 2026-06-10
   days on market $298,000 Active 27 DOM
8. 2026-06-08
   days on market $298,000 Active 26 DOM
9. 2026-06-07
   days on market $298,000 Active 25 DOM
10. 2026-06-04
    days on market $298,000 Active 22 DOM
11. 2026-06-03
    days on market $298,000 Active 21 DOM
12. 2026-06-02
    days on market $298,000 Active 20 DOM
13. 2026-06-01
    days on market $298,000 Active 19 DOM
14. 2026-05-31
    days on market $298,000 Active 18 DOM
15. 2026-05-13
    listed $298,000 Active 1184-char remark
16. 2026-03-27
    soldstatus $372,773

ⓘ 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: $5,644 · $470/mo
• Projected year-2 tax: $5,644 · $470/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,647
• − Mortgage interest: −$16,693
• − Property taxes: −$5,644
• − Insurance: −$1,490
• − Repairs & maintenance: −$2,932
• − Management: −$2,932
• − Depreciation: −$8,669
• Taxable loss: −$1,712
• Est. tax savings @ 24.0%: +$411
• After-tax cash flow: $3,475/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 — Bowie

• Score: 71/100
• State rank: #159
• US rank: #7194

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bowie, MD
• County: Prince Georges County · 919,866 people
• City population: 105,324
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 25,015
• Household income: $158,997
• Rent vs Own: 8.7% rent · 91.3% own
• Severe rent burden: 155.0

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 (70%)
• Race & ethnicity: Black 70% White 12% Two or more races 8% Hispanic / Latino 6% Asian 4%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Hispanic 2% Welsh 1% Romanian 1%
• Foreign-born: 23% · Canada, Jamaica, China
• Languages at home: 79% English-only · Spanish 6% French/Haitian/Cajun 3% Other Indo-European 2%

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: ▼ -201.93%
• Current HPI: 254.5333
• Rent YoY: —
• 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

-20.1% since first listed

2 events — show timeline

• 2026-05-13 Listed $298,000 BRIGHT MLS
• 2026-03-27 Sold (Public Records) $372,773 Public Records

Property tax history

+7.8%/yr

Latest (2025): $5,644 · +7.6% YoY. Source: county tax records.