1510 Warren Ave · Landover, MD 20785

$340,000

4 bd · 2.0 ba · 1,392 sqft · SingleFamily public records · 3 Days on market

Built 1985 7,841 sqft lot $244/sqft · 41% above area Est $482k · 29% under

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +9.1/30.0
• Rent growth +3.6/5.0
• Livability +3.5/5.0
• 1% rule +2.6/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Key facts

• 7,841 sq ft lot
• Built 1985
• Listed 3 days

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Detached structure; Above-grade and below-grade finished living areas
• Construction: Frame construction; Block and concrete perimeter foundation; Estimated year built
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the main level; One bedroom on the lower level
• Bathrooms: Two full bathrooms on the main level; One full bathroom on the lower level (total 3 full bathrooms)
• Heating & cooling: Heat pump(s); Electric heating fuel; Cooling (other) with natural gas as cooling fuel; Natural gas hot water
• Interior features: Fireplace (1); Fully finished basement; Other interior features

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $340k.

Deal economics

• At list price, monthly cash flow is $-261 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $294k (13.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $257k (24.5% below list).
• Recommended offer: $257k (24.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#194 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+; 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 rising fast (+4.3%/yr); 133 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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).
• This rent runs 36% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

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 $256,844 (24.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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 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: 0.76% ✗
• Cap rate: 5.37%
• Cash-on-cash: -3.29%
• DSCR: 0.85
• GRM: 11.0

CMA / ARV

• ARV (median comp): $482,063
• List price: $340,000
• Delta: -29.47%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1009 Consideration Ln	0.50mi	4/3.5	1,480 (+6%)	1mo	$460,500	$311	59
1529 Hunt Ave	0.03mi	4/3.0	1,600 (+15%)	13mo	$450,000	$281	58
1607 Warren Ave	0.07mi	3/2.0 (-1)	1,242 (-11%)	22mo	$380,000	$306	55
6800 Camden St	0.35mi	4/2.0	1,200 (-14%)	12mo	$420,000	$350	51
1203 Gondar Ave	0.38mi	4/2.0	1,248 (-10%)	23mo	$435,000	$349	46
1101 Consideration	0.47mi	3/4.0 (-1)	1,500 (+8%)	12mo	$510,000	$340	42
2109 Ohio Ave	0.62mi	4/2.0	1,225 (-12%)	15mo	$197,500	$161	39

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 · 4.3% rent growth · sell at horizon

5-year hold

• IRR: -20.4%
• Equity multiple: 0.28×
• Total profit: $-68,324
• Equity at exit: $50,695

10-year hold

• IRR: -11.0%
• Equity multiple: 0.30×
• Total profit: $-66,567
• Equity at exit: $29,397

Cash invested: $95,200 (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 20785

• Home prices YoY: -30.4%
• Rents YoY: 4.3%
• Active inventory: 133
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,568 high
• Mortgage (P&I): −$1,783
• Tax from tax record: −$366 /mo · $4,387/yr
• Insurance: −$142
• HOA: −$0
• Vacancy / Maint / Mgmt: −$539
• Net cashflow: $-261

Break-even live

Break-even rent $2,899

Max offer price $293,862

Occupancy floor —

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: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1842 Ryderwood Ct Hyattsville, MD	4.0	3.5	1680	$3,199	$1.90	18d	1	0.24mi
1746 Countrywood Ct Hyattsville, MD	3.0	2.5	1296	$2,450	$1.89	11d	1	0.35mi
1741 Countrywood Ct Hyattsville, MD	3.0	2.0	1312	$2,295	$1.75	24d	1	0.35mi
6706 Central Hills Ter Hyattsville, MD	3.0	2.5	1212	$2,500	$2.06	44d	1	0.48mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,395	$2.08	2d	1	0.53mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,400	$2.08	44d	1	0.53mi
1846 Cedarwood Ct Hyattsville, MD	3.0	2.5	1120	$2,150	$1.92	44d	1	0.54mi
2014 E Marlboro Ave Hyattsville, MD	1.0–3.0	1.0–2.0	987	$1,874	$1.90	2d	2	0.56mi
903 Glen Willow Dr Capitol Heights, MD	2.0–3.0	1.0	885	$2,115	$2.39	2d	4	0.70mi
7290 Mahogany Dr Hyattsville, MD	3.0	2.5	1300	$2,400	$1.85	4d	1	0.93mi
7607 Burnside Rd Hyattsville, MD	3.0	1.5	1280	$2,200	$1.72	44d	1	0.97mi
7714 Greymont St Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	17d	1	1.03mi
7711 Burnside Rd Hyattsville, MD	3.0	1.5	1320	$2,200	$1.67	18d	1	1.04mi
818 Balsamtree Pl Capitol Heights, MD	4.0	1.5	1102	$2,275	$2.06	5d	1	1.17mi
1105 61st Ave Fairmount Heights, MD	4.0	3.5	1352	$2,500	$1.85	18d	1	1.18mi
916 Portia Ct Hyattsville, MD	3.0	2.5	1029	$2,800	$2.72	44d	1	1.18mi
522 70th St Capitol Heights, MD	4.0	1.5	1820	$3,000	$1.65	44d	1	1.21mi
522 70th St Capitol Heights, MD	4.0	1.5	1840	$3,000	$1.63	3d	1	1.21mi
6812 Pepper St Capitol Heights, MD	4.0	2.0	1095	$2,750	$2.51	44d	1	1.24mi
7626 Green Willow Ct Hyattsville, MD	4.0	3.0	1220	$2,850	$2.34	18d	1	1.25mi
7720 Penbrook Pl Hyattsville, MD	5.0	2.0	1098	$2,200	$2.00	44d	1	1.26mi
7727 Swan Ter Hyattsville, MD	3.0	2.5	1700	$2,200	$1.29	17d	1	1.35mi
505 69th St Capitol Heights, MD	3.0	2.0	1000	$2,500	$2.50	18d	1	1.35mi
6313 Field St Capitol Heights, MD	3.0	2.0	1700	$2,250	$1.32	18d	1	1.36mi
6801 James Farmer Way Capitol Heights, MD	3.0	1.5	1512	$2,150	$1.42	18d	1	1.40mi

Listing history 2 events

1. 2026-05-08
   status Pending 540-char remark
2. 2026-05-04
   listed $340,000 Active 540-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: $4,387 · $366/mo
• Projected year-2 tax: $4,387 · $366/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 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,821
• − Mortgage interest: −$19,045
• − Property taxes: −$4,387
• − Insurance: −$1,700
• − Repairs & maintenance: −$2,466
• − Management: −$2,466
• − Depreciation: −$9,891
• Taxable loss: −$9,133
• Est. tax savings @ 24.0%: +$2,192
• After-tax cash flow: $-942/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 — Landover

• Score: 69/100
• State rank: #194
• US rank: #8942

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Landover, MD
• County: Prince Georges County · 919,866 people
• City population: 40,946
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 40,066
• Household income: $85,994
• Rent vs Own: 48.4% rent · 51.6% own
• Severe rent burden: 1927.0

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% Hispanic / Latino 16% White 6% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 3% Dominican 1%
• Common ancestry: Hispanic 2% Swiss 0%
• Foreign-born: 21% · Canada, United Kingdom, China
• Languages at home: 74% English-only · Spanish 13% French/Haitian/Cajun 4% 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: ▼ -137.48%
• Current HPI: 314.7413
• Rent YoY: ▲ 4.30%
• 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

+4.4% since first listed

3 events — show timeline

• 2026-06-17 Sold (MLS) $355,000 BRIGHT MLS
• 2026-05-08 Pending — BRIGHT MLS
• 2026-05-04 Listed $340,000 BRIGHT MLS

Property tax history

+5.8%/yr

Latest (2025): $4,387 · +3.7% YoY. Source: county tax records.