12911 10th St · Bowie, MD 20720

$325,000

4 bd · 1.0 ba · 1,240 sqft · Land public records · 7 Days on market

Built 1941 0.44 ac lot

---

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 +25.6/30.0
• DSCR +8.5/10.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• 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 MLS

* * FLIPPERS * REHABBERS * CONTRACTORS * * 1,240 Sq Ft Cape Cod built within 1941 on nice . 439 Acre lot in the Huntington neighborhood of Old Bowie * Public Water & Sewer * Update Projects was started - but still a long way to go * The Roof was replaced in 2010 * Some original windows was replaced, but not all * Some Updating of the Electrical Wiring * Bathroom Renovation was started, but not finished * Kitchen needs a complete Overhaul * Sump Pump & French Drain Tile System in Basement * Propane Gas Water Heater * 2 year Old Washer & Propane Gas Dryer * Electric Baseboard Heat * Propane Gas Cooking * New Smoke Alarms * Terminix Service & Warranty Plan since 1981 * Water in Basement after heavy Rain - probably due to insufficient & missing Gutters/Downspouts and Grading * *

Key facts

• 0.44 acre lot
• Built 1941
• Listed 7 days

Property features AI

Finance

• Other: Pets allowed with no restrictions
• Financial info: Below-grade finished area estimated at 768; Above-grade finished area estimated at 2,800; Land assessed value listed (assessment amounts excluded from financial section per instructions)
• HOA & community: HOA/community details not provided

Exterior

• Parking: Off-street parking
• Security: No security details provided
• Utilities: Public water; Public sewer
• Home design: Detached structure; Property condition listed as excellent; Fee simple ownership
• Construction: Frame construction; Asphalt roof; Permanent foundation; Construction status: not completed
• Exterior features: Not in a federal flood zone; Tidal water: none

Interior

• Kitchen: Kitchen (appliances not specified)
• Bedrooms: Three bedrooms on the first upper level; One bedroom on the first lower level
• Flooring: Flooring details not provided
• Bathrooms: Two full bathrooms on the first upper level; One full bathroom on the first lower level; One half bathroom on the main level; Three full bathrooms total, one half bathroom total
• Heating & cooling: Heating and cooling details not provided
• Interior features: Estimated living area; Living Room; Dining Room; Kitchen; Basement with connecting stairway, daylight/partial exposure, full height, outside entrance and walkout level
• Laundry & utility: No laundry/utility details provided

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath land listed at $325k.

Deal economics

• At list price, monthly cash flow is $767 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $325k).
• Cap rate 9.1% vs local median 4.1% 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.
• Zoned schools: Rockledge Elementary (math 2% / reading 22%, grade F, #538 of 860 statewide, top 64%, 341 students, 58% FRL); Samuel Ogle Middle (math 9% / reading 40%, grade F, #108 of 225 statewide, top 50%, 795 students, 49% FRL); Bowie High (math 31% / reading 73%, grade D+, #100 of 222 statewide, top 47%, 2,460 students, 48% FRL) — zoned schools at 52% FRL track the district average.
• Zoned-school proficiency averages 30% at this address vs 16% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Prince George'S County Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 119 active listings in the ZIP; 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 $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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y 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.
• Current owner paid $175k; list at $325k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• 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 $325,000

Questions for the listing agent

1. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.09% ✓
• Cap rate: 9.12%
• Cash-on-cash: 10.11%
• DSCR: 1.45
• GRM: 7.6

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: -1.1%
• Equity multiple: 0.96×
• Total profit: $-3,894
• Equity at exit: $48,459

10-year hold

• IRR: 8.5%
• Equity multiple: 1.65×
• Total profit: $59,213
• Equity at exit: $28,100

Cash invested: $91,000 (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

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: 119
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $3,558 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$204 /mo · $2,452/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$747
• Net cashflow: $767

Break-even live

Break-even rent $2,587

Max offer price $325,000

Occupancy floor 73%

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-04-30
   status Pending
2. 2026-04-23
   listed $325,000 Active
3. 2026-04-20
   historical $325,000
4. 2021-02-05
   soldstatus $175,000 Closed 870-char remark

   Show marketing remark (870 chars)

   * * FLIPPERS * REHABBERS * CONTRACTORS * * 1,240 Sq Ft Cape Cod built within 1941 on nice . 439 Acre lot in the Huntington neighborhood of Old Bowie * Public Water & Sewer * Update Projects was started - but still a long way to go * The Roof was replaced in 2010 * Some original windows was replaced, but not all * Some Updating of the Electrical Wiring * Bathroom Renovation was started, but not finished * Kitchen needs a complete Overhaul * Sump Pump & French Drain Tile System in Basement * Propane Gas Water Heater * 2 year Old Washer & Propane Gas Dryer * Electric Baseboard Heat * Propane Gas Cooking * New Smoke Alarms * Terminix Service & Warranty Plan since 1981 * Water in Basement after heavy Rain - probably due to insufficient & missing Gutters/Downspouts and Grading * *

5. 2020-10-20
   status Pending 870-char remark

   Show marketing remark (870 chars)

   * * FLIPPERS * REHABBERS * CONTRACTORS * * 1,240 Sq Ft Cape Cod built within 1941 on nice . 439 Acre lot in the Huntington neighborhood of Old Bowie * Public Water & Sewer * Update Projects was started - but still a long way to go * The Roof was replaced in 2010 * Some original windows was replaced, but not all * Some Updating of the Electrical Wiring * Bathroom Renovation was started, but not finished * Kitchen needs a complete Overhaul * Sump Pump & French Drain Tile System in Basement * Propane Gas Water Heater * 2 year Old Washer & Propane Gas Dryer * Electric Baseboard Heat * Propane Gas Cooking * New Smoke Alarms * Terminix Service & Warranty Plan since 1981 * Water in Basement after heavy Rain - probably due to insufficient & missing Gutters/Downspouts and Grading * *

6. 2020-10-18
   listed $150,000 Active 870-char remark

   Show marketing remark (870 chars)

   * * FLIPPERS * REHABBERS * CONTRACTORS * * 1,240 Sq Ft Cape Cod built within 1941 on nice . 439 Acre lot in the Huntington neighborhood of Old Bowie * Public Water & Sewer * Update Projects was started - but still a long way to go * The Roof was replaced in 2010 * Some original windows was replaced, but not all * Some Updating of the Electrical Wiring * Bathroom Renovation was started, but not finished * Kitchen needs a complete Overhaul * Sump Pump & French Drain Tile System in Basement * Propane Gas Water Heater * 2 year Old Washer & Propane Gas Dryer * Electric Baseboard Heat * Propane Gas Cooking * New Smoke Alarms * Terminix Service & Warranty Plan since 1981 * Water in Basement after heavy Rain - probably due to insufficient & missing Gutters/Downspouts and Grading * *

7. 1981-03-09
   soldstatus $54,000
8. 1975-03-26
   soldstatus $19,000

ⓘ 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: $2,452 · $204/mo
• Projected year-2 tax: $2,997 · $250/mo
• Expected delta: +$545/yr (+$45/mo · 22.2%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $42,698
• − Mortgage interest: −$18,205
• − Property taxes: −$2,452
• − Insurance: −$1,625
• − Repairs & maintenance: −$3,416
• − Management: −$3,416
• − Depreciation: −$9,455
• Taxable income: $4,129
• Est. tax owed @ 24.0%: −$991
• After-tax cash flow: $8,211/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

+1610.5% since first listed

8 events — show timeline

• 2026-04-30 Pending — BRIGHT MLS
• 2026-04-23 Listed $325,000 BRIGHT MLS
• 2026-04-20 Coming Soon $325,000 BRIGHT MLS
• 2021-02-05 Sold (MLS) $175,000 BRIGHT MLS
• 2020-10-20 Pending — BRIGHT MLS
• 2020-10-18 Listed $150,000 BRIGHT MLS
• 1981-03-09 Sold (Public Records) $54,000 Public Records
• 1975-03-26 Sold (Public Records) $19,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $2,452 · -54.2% YoY. Source: county tax records.