1314 Farmingdale Ave · Fairmount Heights, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +28.8/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.7/10.0
- Rent growth +4.0/5.0
- Livability +3.5/5.0
- Condition / age +2.5/5.0
- Schools +1.7/10.0
- Appreciation +0.0/10.0
$200,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Unlock the potential in this 4-bedroom, 1-bath home. This is a full rehab opportunity—perfect for seasoned investors or savvy buyers ready to bring their vision to life. Just minutes from the Addison Road Metro Station, Walker Mill Regional Park, and Capitol Heights Shopping Center for everyday conveniences. Quick access to Central Ave and I-495 makes commuting a breeze. This property is a diamond in the rough waiting for the right investor to transform it!
Key facts
- 5,206 sq ft lot
- Built 1944
- Listed 146 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $200k.
Deal economics
- At list price, monthly cash flow is $671 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $200k).
- Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.3% vs local median 5.0% in Fairmount Heights — 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 69/100 on livability (#195 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: crime F, amenities F, cost of living 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 (+5.9%/yr); 217 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 43% of the median local income ($76k/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 $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 + 5.9% rent growth), your $56k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 146 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: moderate wind risk, 22% 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.
Questions for the listing agent
- It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-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?
- 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?
- 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.
- 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.
- 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
- 1.37% ✓
- Cap rate
- 10.32%
- Cash-on-cash
- 14.39%
- DSCR
- 1.64
- GRM
- 6.1
CMA / ARV
- ARV (on-the-fly)
- $392,805
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1314 Farmingdale Ave | 0.00mi | 4/1.0 | 1,015 (0%) | 1mo | $179,000 | $176 | 99 |
| 1309 Nome St | 0.10mi | 3/2.0 (-1) | 1,021 (+1%) | 14mo | $395,000 | $387 | 74 |
| 1300 Nye St | 0.17mi | 4/2.0 | 880 (-13%) | 1mo | $405,000 | $460 | 65 |
| 1315 Chapelwood Ln | 0.25mi | 4/2.0 | 900 (-11%) | 5mo | $367,500 | $408 | 61 |
| 5704 L | 0.35mi | 3/2.0 (-1) | 936 (-8%) | 6mo | $342,500 | $366 | 56 |
| 5338 Jay St NE | 0.63mi | 3/1.5 (-1) | 1,054 (+4%) | 7mo | $365,000 | $346 | 52 |
| 1211 Doewood Ln | 0.57mi | 5/3.0 (+1) | 960 (-5%) | 7mo | $371,175 | $387 | 46 |
| 909 Cypresstree Pl | 0.64mi | 5/2.0 (+1) | 1,079 (+6%) | 9mo | $390,000 | $361 | 43 |
| 5817 Sheriff Rd | 0.52mi | 4/2.0 | 864 (-15%) | 9mo | $420,000 | $486 | 39 |
| 6202 K St | 0.52mi | 3/2.0 (-1) | 1,136 (+12%) | 11mo | $354,000 | $312 | 37 |
| 1303 Eastern Ave | 0.66mi | 3/2.0 (-1) | 930 (-8%) | 13mo | $400,000 | $430 | 36 |
| 807 57th | 0.60mi | 3/2.0 (-1) | 1,136 (+12%) | 14mo | $335,000 | $295 | 31 |
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 · 5.9% rent growth · sell at horizon
- IRR
- 8.2%
- Equity multiple
- 1.33×
- Total profit
- $18,674
- Equity at exit
- $29,821
- IRR
- 19.9%
- Equity multiple
- 2.92×
- Total profit
- $107,547
- Equity at exit
- $17,292
Cash invested: $56,000 (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
ZIP-level market 20743
- Rents YoY
- 5.9%
- Active inventory
- 217
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $2,737 high interval (Pro) →
- Mortgage (P&I)
- −$1,049
- Tax from tax record
- −$359 /mo · $4,303/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$575
- Net cashflow
- $671
Break-even live
Sensitivity live
| Price | -10% $785 | -5% $728 | +0% $671 | +5% $615 | +10% $558 |
|---|---|---|---|---|---|
| Rent | -10% $455 | -5% $563 | +0% $671 | +5% $779 | +10% $888 |
| Rate | -1.0pp $772 | -0.5pp $722 | base $671 | +0.5pp $620 | +1.0pp $567 |
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
- $50,000
- Closing costs
- $6,000
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 33 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1105 61st Ave Fairmount Heights, MD | 4.0 | 3.5 | 1352 | $2,500 | $1.85 | 19d | 1 | 0.37mi |
| 4802 Leroy Gorham Dr Capitol Heights, MD | 4.0 | 3.5 | 1482 | $3,500 | $2.36 | 3d | 1 | 0.43mi |
| 4800 Addison Rd Capitol Heights, MD | 1.0–3.0 | 1.0–3.0 | 998 | $2,981 | $2.99 | 0d | 41 | 0.44mi |
| 945 52nd St NE Washington, DC | 2.0–3.0 | 1.0 | 612 | $2,270 | $3.71 | 25d | 4 | 0.60mi |
| 809 Eastern Ave Fairmount Heights, MD | 3.0 | 2.0 | 1246 | $2,400 | $1.93 | 6d | 1 | 0.61mi |
| 805 Eastern Ave Fairmount Heights, MD | 4.0 | 2.0 | 936 | $2,400 | $2.56 | 6d | 1 | 0.62mi |
| 818 Balsamtree Pl Capitol Heights, MD | 4.0 | 1.5 | 1102 | $2,275 | $2.06 | 6d | 1 | 0.62mi |
| 5213 Just St NE Washington, DC | 3.0 | 2.0 | 1114 | $2,400 | $2.15 | 25d | 1 | 0.63mi |
| 5338 Jay St NE Washington, DC | 3.0 | 1.5 | 1000 | $2,795 | $2.79 | 25d | 1 | 0.64mi |
| 4936 Nash St NE Unit 9 Washington, DC | 3.0 | 1.0 | 800 | $2,175 | $2.72 | 8d | 1 | 0.76mi |
| 5811 Field Pl NE Unit 304 Washington, DC | 3.0 | 1.0 | 779 | $2,922 | $3.75 | 25d | 1 | 0.78mi |
| 814 51st St NE Washington, DC | 3.0 | 1.0 | 1210 | $2,200 | $1.82 | 25d | 1 | 0.86mi |
| 903 Glen Willow Dr Capitol Heights, MD | 2.0–3.0 | 1.0 | 885 | $2,115 | $2.39 | 0d | 3 | 0.91mi |
| 4950 Just St NE Washington, DC | 3.0 | 2.0 | 1437 | $4,000 | $2.78 | 25d | 1 | 0.92mi |
| 5704 Euclid St Cheverly, MD | 4.0 | 2.0 | 1260 | $2,300 | $1.83 | 13d | 1 | 1.00mi |
| 832 49th St NE Unit 1 Washington, DC | 3.0 | 1.0 | 1100 | $2,425 | $2.20 | 25d | 1 | 1.03mi |
| 832 49th St NE Washington, DC | 3.0 | 1.0 | 1100 | $2,425 | $2.20 | 17d | 1 | 1.03mi |
| 832 49th St NE Unit 1 Washington, DC | 3.0 | 1.0 | 1100 | $2,350 | $2.14 | 8d | 1 | 1.03mi |
| 324 61st St NE Unit 7 Washington, DC | 5.0 | 2.0 | 1250 | $7,000 | $5.60 | 25d | 1 | 1.04mi |
| 324 61st St NE Unit 4 Washington, DC | 3.0 | 1.5 | 850 | $2,800 | $3.29 | 25d | 1 | 1.04mi |
| 4629 Meade St NE Washington, DC | 3.0 | 1.5 | 960 | $2,300 | $2.40 | 25d | 1 | 1.04mi |
| 323 62nd St NE Washington, DC | 1.0–3.0 | 1.0–2.0 | 908 | $2,435 | $2.68 | 25d | 1 | 1.07mi |
| 337 54th St NE Unit A Washington, DC | 3.0 | 1.5 | 1184 | $2,850 | $2.41 | 25d | 1 | 1.08mi |
| 1105 Carrington Ave Capitol Heights, MD | 3.0 | 1.5 | 1152 | $2,395 | $2.08 | 2d | 1 | 1.13mi |
| 1105 Carrington Ave Capitol Heights, MD | 3.0 | 1.5 | 1152 | $2,400 | $2.08 | 44d | 1 | 1.13mi |
| 6340 Southern Ave NE Washington, DC | 4.0 | 2.0 | 1248 | $4,200 | $3.37 | 25d | 1 | 1.17mi |
| 505 69th St Capitol Heights, MD | 3.0 | 2.0 | 1000 | $2,500 | $2.50 | 19d | 1 | 1.19mi |
| 556 49th Pl NE Washington, DC | 3.0 | 3.0 | 894 | $3,475 | $3.89 | 25d | 1 | 1.21mi |
| 4930 Eads Pl NE Washington, DC | 3.0 | 1.5 | 1054 | $2,400 | $2.28 | 25d | 1 | 1.24mi |
| 4627 Gault Pl NE Washington, DC | 3.0 | 1.0 | 1195 | $3,800 | $3.18 | 22d | 1 | 1.24mi |
| 4409 Polk St NE Washington, DC | 3.0 | 1.5 | 1200 | $2,500 | $2.08 | 25d | 1 | 1.29mi |
| 5347 Ames St NE Washington, DC | 3.0 | 2.0 | 1428 | $3,000 | $2.10 | 25d | 1 | 1.35mi |
| 6706 Central Hills Ter Hyattsville, MD | 3.0 | 2.5 | 1212 | $2,500 | $2.06 | 44d | 1 | 1.38mi |
Listing history 28 events
-
2026-05-24soldstatus $179,000 Closed
-
2026-04-30status Pending
-
2026-04-24soldstatus $179,000 Closed
-
2026-04-20status Pending
-
2026-04-17soldstatus $179,000 Closed
-
2026-04-02status Pending
-
2026-03-16status Active
-
2026-01-30status Pending
-
2026-01-22historical
-
2026-01-14historical Active Under Contract
-
2025-12-30price $200,000
-
2025-12-17price $190,000
-
2025-12-11status Active
-
2025-12-05historical Active Under Contract
-
2025-12-05status Active
-
2025-12-02status Active
-
2025-12-02historical
-
2025-12-01historical
-
2025-11-11status Active
-
2025-11-07historical Active Under Contract
-
2025-10-16status Active
-
2025-10-11historical Active Under Contract
-
2025-10-07price $215,000
-
2025-09-05status Active
-
2025-09-03status Active Under Contract
-
2025-08-22historical
-
2025-08-19historical Active Under Contract
-
2025-08-01$225,000 Active
ⓘ 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
- $4,303 · $359/mo
- Projected year-2 tax
- $4,303 · $359/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 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
- Wind 5/10 Major 22% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $32,842
- − Mortgage interest
- −$11,203
- − Property taxes
- −$4,303
- − Insurance
- −$1,000
- − Repairs & maintenance
- −$2,627
- − Management
- −$2,627
- − Depreciation
- −$5,818
- Taxable income
- $5,263
- Est. tax owed @ 24.0%
- −$1,263
- After-tax cash flow
- $6,793/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 — Fairmount Heights
- Score
- 69/100
- State rank
- #195
- US rank
- #8961
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Prince Georges County · 919,866 people
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Population (ZIP)
- 41,093
- Household income
- $76,466
- Rent vs Own
- Severe rent burden
- 1418.0
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% Hispanic / Latino 16% Two or more races 4% White 3% Asian 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2%
- Foreign-born
- 16% · Canada
- Languages at home
- 81% English-only · Spanish 13% French/Haitian/Cajun 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
- ▼ -311.97%
- Current HPI
- 335.5152
- Rent YoY
- ▲ 5.90%
- 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 |
|
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Price history
-20.4% since first listed28 events — show timeline
- 2026-05-24 Sold (MLS) $179,000 BRIGHT MLS
- 2026-04-30 Pending — BRIGHT MLS
- 2026-04-24 Sold (MLS) $179,000 BRIGHT MLS
- 2026-04-20 Pending — BRIGHT MLS
- 2026-04-17 Sold (MLS) $179,000 BRIGHT MLS
- 2026-04-02 Pending — BRIGHT MLS
- 2026-03-16 Relisted — BRIGHT MLS
- 2026-01-30 Pending — BRIGHT MLS
- 2026-01-22 Listing Removed — BRIGHT MLS
- 2026-01-14 Contingent — BRIGHT MLS
- 2025-12-30 Price Changed $200,000 BRIGHT MLS
- 2025-12-17 Price Changed $190,000 BRIGHT MLS
- 2025-12-11 Relisted — BRIGHT MLS
- 2025-12-05 Contingent — BRIGHT MLS
- 2025-12-05 Relisted — BRIGHT MLS
- 2025-12-02 Relisted — BRIGHT MLS
- 2025-12-02 Listing Removed — BRIGHT MLS
- 2025-12-01 Listing Removed — BRIGHT MLS
- 2025-11-11 Relisted — BRIGHT MLS
- 2025-11-07 Contingent — BRIGHT MLS
- 2025-10-16 Relisted — BRIGHT MLS
- 2025-10-11 Contingent — BRIGHT MLS
- 2025-10-07 Price Changed $215,000 BRIGHT MLS
- 2025-09-05 Relisted — BRIGHT MLS
- 2025-09-03 Relisted — BRIGHT MLS
- 2025-08-22 Listing Removed — BRIGHT MLS
- 2025-08-19 Contingent — BRIGHT MLS
- 2025-08-01 Listed $225,000 BRIGHT MLS
Property tax history
+9.0%/yrLatest (2025): $4,303 · +8.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…