8353 Ashwood Rd #8353 · Jessup, MD 20794

$145,000

3 bd · 2.0 ba · 1,800 sqft · SingleFamily · 24 Days on market

Built 1998 Good condition $81/sqft · 64% below area

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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
• Schools +4.1/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this beautifully updated 3 bedroom, 2 bath double-wide mobile home in desirable Brentwood Manor of Howard County. Featuring vaulted ceilings, an abundance of natural light, and new LVP flooring throughout, this home feels bright, open, and inviting. The updated kitchen offers quartz countertops and modern finishes, while the cozy fireplace adds warmth and charm. Freshly painted with new light fixtures, this move-in ready home is the perfect blend of comfort and style. * * Ground rent is $1075/month and includes: Trash/Recycle, Snow Removal of the roads only; Common ground maintenance and all large trees NOT planted by the mobile homeowner or mobile homeowner's previous own

Key facts

• Built 1998
• Listed 23 days

Property features AI

Finance

• Other: Ownership: ground rent
• Financial info: Ground rent payable monthly

Exterior

• Parking: Driveway parking; Off-street parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Manufactured double-wide home; Estimated year built
• Construction: Above-grade construction
• Exterior features: Not in a federal flood zone; Other above-grade structures; Pets allowed (cats and dogs)

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms (including two full on main level)
• Heating & cooling: Central heating (natural gas); Central air conditioning; Electric hot water
• Interior features: Ceiling fans; Soaking tub; Walk-in shower; Dining area

🏷️ Possibly a rental listed for sale. The $145,000 price doesn't fit this home's estimated sale value (~$402,740) 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 $145k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $145k).
• Recommended offer: $143k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#259 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: commute C-, schools F, crime D-.
• Howard County Public Schools (suburban): math 34% / reading 49% proficiency, ranked #1 of 24 in MD (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 15% free/reduced lunch — higher-income household profile.
• Market conditions: 30 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 881 units permitted in Howard County in 2024 (285 in 5+ unit buildings).
• This rent runs 31% of the median local income ($116k/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 $4k of value loss. Plan a longer hold.
• Howard County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 $142,825 (1.5% below list)

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 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?
3. Crime grade is D 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: 2.11% ✓
• Cap rate: 17.97%
• Cash-on-cash: 41.71%
• DSCR: 2.86
• GRM: 4.0

CMA / ARV

• ARV (median comp): $402,740
• List price: $145,000
• Delta: -64.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8368 Ashwood Rd	0.07mi	3/2.0	1,816 (+1%)	13mo	$144,900	$80	84
8342 Gatewood	0.15mi	3/2.0	1,680 (-7%)	11mo	$139,900	$83	73
8343 Gatewood Dr	0.12mi	3/2.0	1,624 (-10%)	11mo	$90,000	$55	69
8419 Sandalwood Ct	0.23mi	3/2.0	1,624 (-10%)	10mo	$150,000	$92	65

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 38.3%
• Equity multiple: 2.64×
• Total profit: $66,431
• Equity at exit: $21,620

10-year hold

• IRR: 44.8%
• Equity multiple: 5.28×
• Total profit: $173,770
• Equity at exit: $12,537

Cash invested: $40,600 (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 20794

• Home prices YoY: -34.4%
• Active inventory: 30
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $3,055 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$642
• Net cashflow: $1,411

Break-even live

Break-even rent $1,268

Max offer price $145,000

Occupancy floor 49%

Sensitivity live

Price	-10% $1,511	-5% $1,461	+0% $1,411	+5% $1,361	+10% $1,311
Rent	-10% $1,170	-5% $1,291	+0% $1,411	+5% $1,532	+10% $1,653
Rate	-1.0pp $1,484	-0.5pp $1,448	base $1,411	+0.5pp $1,374	+1.0pp $1,335

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8324 Stickley Ct #81 Jessup, MD	3.0	2.5	1920	$3,500	$1.82	44d	1	0.57mi
8324 Stickley Ct #81 Jessup, MD	3.0	2.5	1920	$3,500	$1.82	12d	1	0.57mi
Mission Jessup, MD	1.0–2.0	1.0–2.0	1052	$2,420	$2.30	4d	17	1.02mi
8346 Lincoln Dr Jessup, MD	4.0	3.5	2112	$3,200	$1.52	12d	1	1.04mi
8938 Oakwood Way Jessup, MD	2.0	2.0	1488	$2,295	$1.54	23d	1	1.35mi
8911 Oakwood Way Jessup, MD	2.0	2.5	1544	$2,500	$1.62	13d	1	1.40mi
7543 Hearthside Way Elkridge, MD	3.0	2.5	1780	$3,195	$1.79	23d	1	1.44mi
7549 Hearthside Way Elkridge, MD	3.0	2.5	1780	$3,000	$1.69	25d	1	1.45mi
7435 Singers Way Elkridge, MD	3.0	2.5	1960	$2,995	$1.53	23d	1	1.45mi
7449 Singers Way Elkridge, MD	4.0	3.5	2140	$3,400	$1.59	18d	1	1.49mi
7118 Penny Ln Elkridge, MD	3.0	3.0	1424	$2,900	$2.04	44d	1	1.50mi

Listing history 23 events

1. 2026-06-21
   days on market $145,000 Active 24 DOM
2. 2026-06-18
   days on market $145,000 Active 21 DOM
3. 2026-06-17
   days on market $145,000 Active 20 DOM
4. 2026-06-16
   days on market $145,000 Active 19 DOM
5. 2026-06-15
   days on market $145,000 Active 18 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   days on market $145,000 Active 16 DOM
8. 2026-06-09
   days on market $145,000 Active 12 DOM
9. 2026-06-08
   days on market $145,000 Active 11 DOM
10. 2026-06-07
    days on market $145,000 Active 10 DOM
11. 2026-06-04
    days on market $145,000 Active 7 DOM
12. 2026-06-03
    days on market $145,000 Active 6 DOM
13. 2026-06-02
    days on market $145,000 Active 5 DOM
14. 2026-06-01
    days on market $145,000 Active 4 DOM
15. 2026-05-31
    days on market $145,000 Active 3 DOM
16. 2026-05-15
    historical $145,000 488-char remark
17. 2026-04-16
    historical
18. 2025-12-10
    price $154,999
19. 2025-11-15
    listed $160,000 Active
20. 2025-11-05
    historical
21. 2025-06-06
    historical
22. 2025-06-06
    listed $144,000 Active
23. 2025-03-28
    historical

ⓘ 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: $36,657
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$2,933
• − Management: −$2,933
• − Depreciation: −$4,218
• Taxable income: $15,552
• Est. tax owed @ 24.0%: −$3,732
• After-tax cash flow: $13,202/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 · 1 photo

Good 75/100 Cosmetic rehab

This move-in ready, updated single-family home in Jessup, MD, offers a bright and open living space with new LVP flooring and modern finishes. It is in good condition with minor cosmetic improvements needed to maximize its value.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Replace roof if needed — Ensures long-term durability and value
• Resale Upgrade appliances in kitchen — Modernizes kitchen and attracts buyers
• Both Install smart home features — Improves comfort and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Replace roof if needed — Ensures long-term durability and value ↑
• Resale Upgrade appliances in kitchen — Modernizes kitchen and attracts buyers ↑
• Both Install smart home features — Improves comfort and marketability ↑

ⓘ 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: Howard County Public Schools
• NCES district ID: 2400420
• Math proficiency: 34% ▼ -22.00%
• Reading proficiency: 49% ▼ -11.00%
• Median HH income: $108,056
• Composite: 41.23/100
• National rank: #3535
• State rank: #1 of 24 in MD

Livability — Jessup

• Score: 65/100
• State rank: #259
• US rank: #13254

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Howard County · 282,651 people
• City population: 17,327
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 16,814
• Household income: $116,406
• Rent vs Own: 37.9% rent · 62.1% own
• Severe rent burden: 255.0

Population outlook (Howard County) Hauer SSP2

• Today (2025): 367,857 people
• By 2030: 394,054 · +7.1%
• By 2040: 443,509 · +20.6%
• By 2050: 488,124 · +32.7%
• By 2075: 594,860 · +61.7%
• By 2100: 648,772 · +76.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 44% White 32% Hispanic / Latino 13% Asian 7% Two or more races 7% Native American 1%
• Hispanic origin (detail): Mexican 5% Puerto Rican 2%
• Common ancestry: Romanian 1% Slovak 1% Iranian 1%
• Foreign-born: 13% · Canada, Philippines, Jamaica
• Languages at home: 80% English-only · Spanish 11% Other Indo-European 4% Other Asian/Pacific 1%

Political lean MEDSL · Howard

• 2024 margin: Solid D (+41.8) · D 69.1% · R 27.4% · Other 3.5%
• 2008→2024 swing: +19.9pp toward D · 2008: 21.9pp · 2024: 41.8pp
• All cycles: 2024: D+41.8 2020: D+44.3 2016: D+33.5 2012: D+21.2 2008: D+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -148.91%
• Current HPI: 283.5564
• Rent YoY: —
• 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

+0.7% since first listed

9 events — show timeline

• 2026-05-29 Listed $145,000 BRIGHT MLS
• 2026-05-15 Coming Soon $145,000 BRIGHT MLS
• 2026-04-16 Listing Removed — BRIGHT MLS
• 2025-12-10 Price Changed $154,999 BRIGHT MLS
• 2025-11-15 Listed $160,000 BRIGHT MLS
• 2025-11-05 Coming Soon — BRIGHT MLS
• 2025-06-06 Listing Removed — BRIGHT MLS
• 2025-06-06 Listed $144,000 BRIGHT MLS
• 2025-03-28 Coming Soon — BRIGHT MLS