1 Meadowood · Darlington, MD 21918

$76,950

3 bd · 2.0 ba · 1,120 sqft · Manufactured · 89 Days on market

Built 2005 5,400 sqft lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PARK RENT ONLY $615/MO. !!!! NEW PRICE IMPROVEMENT!!! This charming manufactured home in Conowingo Mobile Home Park offers a perfect blend of comfort and functionality. Built in 2005, this well-maintained residence features three spacious bedrooms and two full bathrooms, ensuring ample space for relaxation and privacy. The inviting eat-in kitchen is equipped with modern appliances, including a refrigerator, stove, microwave, and dishwasher, making meal preparation a delight. Enjoy the convenience of a washer and dryer right at home. The interior boasts luxury vinyl plank flooring, enhancing both style and durability. The Central AC adds warmth and comfort throughout. The primary bath features a walk-in shower, providing a spa-like retreat. Outside, the property includes a driveway with space for two vehicles. The shed is huge, plenty of storage space here, 12x15x10 ! Updates to include, New Flooring 2025, New Layout 2025, New Trex Deck with Iron Rails 8x8, 2025, New Light Fixtures Throughout, Kitchen Cabinets 2025, Updated Bathrooms 2025, New Floor Vents. The community has new roads that were paved in 2025, New Community Septic System 2025. New Community Playground. Schedule your tour today!!!! Park Rent is $615.00/ mo. includes, water, sewage and trash removal. For Rules and Regulations, they can be emailed to you upon request.

Key facts

• 5,400 sq ft lot
• 2 parking spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $77k.

Deal economics

• At list price, monthly cash flow is $393 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $77k).
• Recommended offer: $72k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 2.7% in Darlington — 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 (#241 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: crime C-, amenities F, commute F.
• Cecil County Public Schools (rural): math 15% / reading 30% proficiency, ranked #15 of 24 in MD (top 62%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Conowingo Elementary (math 17% / reading 17%, grade F, #408 of 860 statewide, top 50%, 388 students, 45% FRL); Rising Sun Middle School (math 12% / reading 36%, grade F, #114 of 225 statewide, top 52%, 619 students, 38% FRL); Rising Sun High (math 50% / reading 72%, grade C+, #65 of 222 statewide, top 31%, 1,106 students, 33% FRL) — zoned schools at 39% FRL track the district average.
• Market conditions: 50 active listings in the ZIP; 563 units permitted in Cecil County in 2024 (330 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $532 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y 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.

Recommended offer $72,333 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.52% ✓
• Cap rate: 12.43%
• Cash-on-cash: 21.90%
• DSCR: 1.97
• GRM: 5.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 14.6%
• Equity multiple: 1.58×
• Total profit: $12,595
• Equity at exit: $11,473

10-year hold

• IRR: 23.3%
• Equity multiple: 3.01×
• Total profit: $43,291
• Equity at exit: $6,653

Cash invested: $21,546 (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 21918

• Home prices YoY: -18.1%
• Active inventory: 50
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,171 medium
• Mortgage (P&I): −$404
• Tax est. 1.5%: −$96 /mo · $1,154/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $393

Break-even live

Break-even rent $673

Max offer price $76,950

Occupancy floor 61%

Sensitivity live

Price	-10% $446	-5% $420	+0% $393	+5% $367	+10% $340
Rent	-10% $301	-5% $347	+0% $393	+5% $440	+10% $486
Rate	-1.0pp $432	-0.5pp $413	base $393	+0.5pp $373	+1.0pp $353

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: $19,238
• Closing costs: $2,308
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-05-12
   status Pending 1352-char remark

   Show marketing remark (1352 chars)

   PARK RENT ONLY $615/MO. !!!! NEW PRICE IMPROVEMENT!!! This charming manufactured home in Conowingo Mobile Home Park offers a perfect blend of comfort and functionality. Built in 2005, this well-maintained residence features three spacious bedrooms and two full bathrooms, ensuring ample space for relaxation and privacy. The inviting eat-in kitchen is equipped with modern appliances, including a refrigerator, stove, microwave, and dishwasher, making meal preparation a delight. Enjoy the convenience of a washer and dryer right at home. The interior boasts luxury vinyl plank flooring, enhancing both style and durability. The Central AC adds warmth and comfort throughout. The primary bath features a walk-in shower, providing a spa-like retreat. Outside, the property includes a driveway with space for two vehicles. The shed is huge, plenty of storage space here, 12x15x10 ! Updates to include, New Flooring 2025, New Layout 2025, New Trex Deck with Iron Rails 8x8, 2025, New Light Fixtures Throughout, Kitchen Cabinets 2025, Updated Bathrooms 2025, New Floor Vents. The community has new roads that were paved in 2025, New Community Septic System 2025. New Community Playground. Schedule your tour today!!!! Park Rent is $615.00/ mo. includes, water, sewage and trash removal. For Rules and Regulations, they can be emailed to you upon request.

2. 2026-04-20
   price $76,950 1352-char remark

   Show marketing remark (1352 chars)

   PARK RENT ONLY $615/MO. !!!! NEW PRICE IMPROVEMENT!!! This charming manufactured home in Conowingo Mobile Home Park offers a perfect blend of comfort and functionality. Built in 2005, this well-maintained residence features three spacious bedrooms and two full bathrooms, ensuring ample space for relaxation and privacy. The inviting eat-in kitchen is equipped with modern appliances, including a refrigerator, stove, microwave, and dishwasher, making meal preparation a delight. Enjoy the convenience of a washer and dryer right at home. The interior boasts luxury vinyl plank flooring, enhancing both style and durability. The Central AC adds warmth and comfort throughout. The primary bath features a walk-in shower, providing a spa-like retreat. Outside, the property includes a driveway with space for two vehicles. The shed is huge, plenty of storage space here, 12x15x10 ! Updates to include, New Flooring 2025, New Layout 2025, New Trex Deck with Iron Rails 8x8, 2025, New Light Fixtures Throughout, Kitchen Cabinets 2025, Updated Bathrooms 2025, New Floor Vents. The community has new roads that were paved in 2025, New Community Septic System 2025. New Community Playground. Schedule your tour today!!!! Park Rent is $615.00/ mo. includes, water, sewage and trash removal. For Rules and Regulations, they can be emailed to you upon request.

3. 2026-02-13
   listed $79,500 Active 1352-char remark

   Show marketing remark (1352 chars)

   PARK RENT ONLY $615/MO. !!!! NEW PRICE IMPROVEMENT!!! This charming manufactured home in Conowingo Mobile Home Park offers a perfect blend of comfort and functionality. Built in 2005, this well-maintained residence features three spacious bedrooms and two full bathrooms, ensuring ample space for relaxation and privacy. The inviting eat-in kitchen is equipped with modern appliances, including a refrigerator, stove, microwave, and dishwasher, making meal preparation a delight. Enjoy the convenience of a washer and dryer right at home. The interior boasts luxury vinyl plank flooring, enhancing both style and durability. The Central AC adds warmth and comfort throughout. The primary bath features a walk-in shower, providing a spa-like retreat. Outside, the property includes a driveway with space for two vehicles. The shed is huge, plenty of storage space here, 12x15x10 ! Updates to include, New Flooring 2025, New Layout 2025, New Trex Deck with Iron Rails 8x8, 2025, New Light Fixtures Throughout, Kitchen Cabinets 2025, Updated Bathrooms 2025, New Floor Vents. The community has new roads that were paved in 2025, New Community Septic System 2025. New Community Playground. Schedule your tour today!!!! Park Rent is $615.00/ mo. includes, water, sewage and trash removal. For Rules and Regulations, they can be emailed to you upon request.

4. 2026-02-13
   historical $79,500 1352-char remark

   Show marketing remark (1352 chars)

   PARK RENT ONLY $615/MO. !!!! NEW PRICE IMPROVEMENT!!! This charming manufactured home in Conowingo Mobile Home Park offers a perfect blend of comfort and functionality. Built in 2005, this well-maintained residence features three spacious bedrooms and two full bathrooms, ensuring ample space for relaxation and privacy. The inviting eat-in kitchen is equipped with modern appliances, including a refrigerator, stove, microwave, and dishwasher, making meal preparation a delight. Enjoy the convenience of a washer and dryer right at home. The interior boasts luxury vinyl plank flooring, enhancing both style and durability. The Central AC adds warmth and comfort throughout. The primary bath features a walk-in shower, providing a spa-like retreat. Outside, the property includes a driveway with space for two vehicles. The shed is huge, plenty of storage space here, 12x15x10 ! Updates to include, New Flooring 2025, New Layout 2025, New Trex Deck with Iron Rails 8x8, 2025, New Light Fixtures Throughout, Kitchen Cabinets 2025, Updated Bathrooms 2025, New Floor Vents. The community has new roads that were paved in 2025, New Community Septic System 2025. New Community Playground. Schedule your tour today!!!! Park Rent is $615.00/ mo. includes, water, sewage and trash removal. For Rules and Regulations, they can be emailed to you upon request.

5. 2012-12-17
   historical Withdrawn
6. 2012-12-17
   historical
7. 2012-08-14
   price
8. 2012-05-18
   price
9. 2012-03-11
   price
10. 2011-08-08
    price
11. 2011-04-07
    listed Active
12. 2011-04-06
    listed $32,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $14,051
• − Mortgage interest: −$4,310
• − Property taxes: −$1,154
• − Insurance: −$385
• − Repairs & maintenance: −$1,124
• − Management: −$1,124
• − Depreciation: −$2,239
• Taxable income: $3,715
• Est. tax owed @ 24.0%: −$892
• After-tax cash flow: $3,827/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: Cecil County Public Schools
• NCES district ID: 2400240
• Math proficiency: 15% ▼ -21.00%
• Reading proficiency: 30% ▼ -15.00%
• Median HH income: $66,544
• Composite: 21.51/100
• National rank: #8322
• State rank: #15 of 24 in MD

Livability — Darlington

• Score: 66/100
• State rank: #241
• US rank: #11974

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,125

Population outlook (Cecil County) Hauer SSP2

• Today (2025): 105,877 people
• By 2030: 106,905 · +1.0%
• By 2040: 107,156 · +1.2%
• By 2050: 104,170 · -1.6%
• By 2075: 95,771 · -9.5%
• By 2100: 82,381 · -22.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 8% Black 2% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Slovak 4% Portuguese 1%
• Foreign-born: 0% · South Korea
• Languages at home: 95% English-only · Other Indo-European 2% French/Haitian/Cajun 1% Spanish 1%

Political lean MEDSL · Cecil

• 2024 margin: Solid R (+30.9) · D 33.5% · R 64.4% · Other 2.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -14.6pp · 2024: -30.9pp
• All cycles: 2024: R+30.9 2020: R+26.6 2016: R+35.3 2012: R+20.4 2008: R+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.53%
• Current HPI: 255.9097
• Rent YoY: —
• Metro: —
• 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

+136.8% since first listed

12 events — show timeline

• 2026-05-12 Pending — BRIGHT MLS
• 2026-04-20 Price Changed $76,950 BRIGHT MLS
• 2026-02-13 Listed $79,500 BRIGHT MLS
• 2026-02-13 Coming Soon $79,500 BRIGHT MLS
• 2012-12-17 Delisted — MRIS
• 2012-12-17 Listing Removed — BRIGHT MLS
• 2012-08-14 Price Changed — MRIS
• 2012-05-18 Price Changed — MRIS
• 2012-03-11 Price Changed — MRIS
• 2011-08-08 Price Changed — MRIS
• 2011-04-07 Listed — MRIS
• 2011-04-06 Listed $32,500 BRIGHT MLS