312 Bauers Dr · Edgewood, MD 21040

$79,500

3 bd · 2.0 ba · 1,280 sqft · SingleFamily · 8 Days on market

Built 2025 Excellent condition

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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
• Condition / age +4.8/5.0
• Rent growth +3.7/5.0
• Livability +3.7/5.0
• Schools +2.9/10.0
• Appreciation +0.0/10.0

Listing remarks

MORE PHOTOS COMING. HIGH END 2025 CLAYTON HOME THAT LOOKS NEW. 16 X 80 3 BD X 2 BA WITH LARGE BEDROOMS AND OPEN FLOOR PLAN. HIGH END UPGRADES INCLUDE LOW E ARGON WINDOWS. RHEEM WATER HEATER WITH MULPILE SETTING SUCH AS VACATION, ENERGY SAVER. HIGH END HEAT PUMP WITH PROGRAMMABLE THERMOSTAT. 2 X 6 WALLS WITH UPGRADED INSULATION. NEW FULL VIEW UPGRADED FRONT DOOR AND SO MUCH MORE. NICE SMALL COMMUNITY WITH THE LOWEST GROUND RENT AROUND AT $870 PER MONTH. LIKE TO BOAT OR FISH WELL FLYING POINT PARK IS RIGHT AROUND THE CORNER. THIS HOME IS PRICED TO SELL AND IS A MUST SEE!!! COMPARE THIS HOME TO OTHERS AS YOU WON'T BE DISSAPOINTED!!!

Key facts

• 2 parking spots
• Built 2025
• Listed 8 days

Property features AI

Finance

• Financial info: Ground rent $875 per month (ownership: ground rent)

Exterior

• Parking: Attached carport with space for 2 vehicles (2 total garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Manufactured single-wide home; Estimated year built
• Construction: Vinyl siding
• Exterior features: Above-grade structure

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Electric hot water
• Interior features: Estimated living area; No basement

🏷️ Possibly a rental listed for sale. The $79,500 price doesn't fit this home's estimated sale value (~$289,280) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $80k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Cap rate 25.5% vs local median 5.5% in Edgewood — 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 73/100 on livability (#118 in MD, #4,991 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities D, crime F.
• Harford County Public Schools (suburban): math 22% / reading 39% proficiency, ranked #9 of 24 in MD (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Deerfield Elementary (math 7% / reading 17%, grade F, #550 of 860 statewide, top 66%, 728 students, 78% FRL); Edgewood Middle (math 7% / reading 31%, grade F, #155 of 225 statewide, top 70%, 999 students, 72% FRL); Edgewood High (math 43% / reading 54%, grade D, #111 of 222 statewide, top 50%, 1,415 students, 62% FRL) — zoned schools average 71% FRL vs 24% district-wide (46 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.9%/yr); 95 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 803 units permitted in Harford County in 2024 (26 in 5+ unit buildings).
• This rent runs 34% of the median local income ($82k/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 $550 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $79,500

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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?
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: 2.90% ✓
• Cap rate: 25.49%
• Cash-on-cash: 68.57%
• DSCR: 4.05
• GRM: 2.9

CMA / ARV

• ARV (on-the-fly): $289,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2414A Willoughby Beach Rd	0.41mi	3/2.0	1,352 (+6%)	11mo	$267,000	$197	62
126 Laburnum Rd	0.62mi	3/1.5	1,304 (+2%)	5mo	$285,000	$219	62
341 Winterberry Dr	0.55mi	3/1.5	1,304 (+2%)	10mo	$295,000	$226	61
501 Arbor Ct	0.30mi	4/1.5 (+1)	1,144 (-11%)	3mo	$315,000	$275	59
3040 Ebbtide Dr	0.50mi	3/2.0	1,326 (+4%)	17mo	$331,000	$250	57
630 Sequoia Dr	0.50mi	3/1.5	1,144 (-11%)	1mo	$307,000	$268	57
604 Pier Dr	0.61mi	3/2.0	1,354 (+6%)	16mo	$315,000	$233	49
607 Haven Pl	0.66mi	3/1.5	1,326 (+4%)	18mo	$280,000	$211	46
107 Oak St	0.74mi	3/1.5	1,200 (-6%)	14mo	$215,000	$179	42
2401 Sycamore Ln	0.50mi	4/2.0 (+1)	1,404 (+10%)	19mo	$284,900	$203	40
609 Harbour Oak Dr	0.60mi	3/2.0	1,448 (+13%)	15mo	$349,900	$242	38
601 Mulberry Ln	0.67mi	4/2.0 (+1)	1,449 (+13%)	21mo	$315,000	$217	25

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 · 4.92% rent growth · sell at horizon

5-year hold

• IRR: 70.2%
• Equity multiple: 4.27×
• Total profit: $72,703
• Equity at exit: $11,854

10-year hold

• IRR: 74.8%
• Equity multiple: 9.41×
• Total profit: $187,136
• Equity at exit: $6,874

Cash invested: $22,260 (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 21040

• Home prices YoY: -29.4%
• Rents YoY: 4.9%
• Active inventory: 95
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $2,306 high
• Mortgage (P&I): −$417
• Tax est. 1.5%: −$99 /mo · $1,192/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $1,272

Break-even live

Break-even rent $695

Max offer price $79,500

Occupancy floor 40%

Sensitivity live

Price	-10% $1,327	-5% $1,299	+0% $1,272	+5% $1,244	+10% $1,217
Rent	-10% $1,090	-5% $1,181	+0% $1,272	+5% $1,363	+10% $1,454
Rate	-1.0pp $1,312	-0.5pp $1,292	base $1,272	+0.5pp $1,251	+1.0pp $1,230

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: $19,875
• Closing costs: $2,385
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2816 Profitt Path Edgewood, MD	4.0	3.0	1660	$2,900	$1.75	45d	1	0.26mi
619 Hartwood Ln Edgewood, MD	4.0	1.5	1716	$2,300	$1.34	45d	1	0.41mi
313 Winterberry Dr Edgewood, MD	3.0	2.5	1798	$2,095	$1.17	22d	1	0.53mi
2120 Cedar Dr Apt F Edgewood, MD	3.0	1.5	1000	$1,295	$1.29	45d	1	0.82mi
3184 Ebbtide Dr Edgewood, MD	3.0	3.0	1224	$2,600	$2.12	22d	1	0.91mi
3184 Ebbtide Dr Edgewood, MD	3.0	3.0	1224	$2,600	$2.12	45d	1	0.91mi
8 Lasonia Ct Edgewood, MD	3.0	3.0	1468	$2,224	$1.51	17d	1	0.93mi
2033 Armstrong St Edgewood, MD	1.0–4.0	1.0–2.0	1000	$1,766	$1.77	0d	8	1.10mi
1046 Agate Dr Unit 1 Edgewood, MD	4.0	2.5	1440	$2,150	$1.49	19d	1	1.13mi
2828 Beckon Dr Edgewood, MD	3.0	2.5	1764	$2,300	$1.30	45d	1	1.21mi
2842 Beckon Dr Unit 1 Edgewood, MD	4.0	1.5	1296	$2,100	$1.62	45d	1	1.23mi
705 Bayberry Rd Edgewood, MD	3.0	1.5	1657	$2,600	$1.57	19d	1	1.40mi

Listing history 7 events

1. 2026-06-21
   days on market $79,500 Active 8 DOM
2. 2026-06-18
   days on market $79,500 Active 5 DOM
3. 2026-06-17
   days on market $79,500 Active 4 DOM
4. 2026-06-16
   days on market $79,500 Active 3 DOM
5. 2026-06-15
   days on market $79,500 Active 2 DOM
6. 2026-06-13
   remarks 640-char remark
7. 2026-06-13
   listed $79,500 Active 1 DOM

ⓘ 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: $27,666
• − Mortgage interest: −$4,453
• − Property taxes: −$1,192
• − Insurance: −$398
• − Repairs & maintenance: −$2,213
• − Management: −$2,213
• − Depreciation: −$2,313
• Taxable income: $14,884
• Est. tax owed @ 24.0%: −$3,572
• After-tax cash flow: $11,691/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.

Condition & rehab AI · 13 photos

Excellent 95/100 None rehab

This home is in excellent condition with no visible repairs or maintenance needed. It is move-in ready and has high-end upgrades, making it a great investment.

Value-add opportunities

• Both Painting the exterior siding — A fresh coat of paint can enhance the curb appeal and increase the home's value.
• Both Landscaping improvements — Enhancing the landscaping can improve the home's curb appeal and increase its value.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior siding — A fresh coat of paint can enhance the curb appeal and increase the home's value. ↑
• Both Landscaping improvements — Enhancing the landscaping can improve the home's curb appeal and increase its value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Harford County Public Schools
• NCES district ID: 2400390
• Math proficiency: 22% ▼ -23.00%
• Reading proficiency: 39% ▼ -12.00%
• Median HH income: $79,569
• Composite: 29.38/100
• National rank: #6527
• State rank: #9 of 24 in MD

Livability — Edgewood

• Score: 73/100
• State rank: #118
• US rank: #4991

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Edgewood, MD
• County: Harford County · 198,512 people
• City population: 24,960
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 24,960
• Household income: $81,704
• Rent vs Own: 28.9% rent · 71.1% own
• Severe rent burden: 859.0

Population outlook (Harford County) Hauer SSP2

• Today (2025): 262,292 people
• By 2030: 266,437 · +1.6%
• By 2040: 269,954 · +2.9%
• By 2050: 265,659 · +1.3%
• By 2075: 252,886 · -3.6%
• By 2100: 224,014 · -14.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 45% White 36% Two or more races 11% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 4% Slovak 1% Italian 1%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 5% Russian/Polish/Slavic 2% German/W. Germanic 1%

Political lean MEDSL · Harford

• 2024 margin: R (+13.8) · D 41.9% · R 55.7% · Other 2.4%
• 2008→2024 swing: +5.0pp toward D · 2008: -18.8pp · 2024: -13.8pp
• All cycles: 2024: R+13.8 2020: R+12.0 2016: R+24.5 2012: R+19.5 2008: R+18.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -106.14%
• Current HPI: 254.2305
• Rent YoY: ▲ 4.92%
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-13 Listed $79,500 BRIGHT MLS
• 2026-06-10 Coming Soon $79,500 BRIGHT MLS