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635 Sunset Strip
B- Composite 69.97
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
  • Livability +3.9/5.0
  • Rent growth +3.5/5.0
  • Schools +2.9/10.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$70,000

635 Sunset Strip · Brooklyn Park, MD 21225
2 bd · 1.0 ba · 1,000 sqft · SingleFamily · 78 Days on market
Built 2012 Fair condition 2,154 sqft lot $70/sqft · 78% below area ↓ 12% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 635 Sunset Strip, a charming and affordable 2 bedroom, 1 bath home in the well-maintained Brooklyn Park community. This single-level residence offers comfort, convenience, and plenty of space for everyday living. Step inside to a bright and inviting living area with room to relax and entertain. The kitchen is equipped with ample cabinetry and counter space, making it both functional and convenient. The three bedrooms provide flexibility for family, guests, or a home office, while the full bathroom is updated and easy to maintain. Additional features include a dedicated laundry area, vaulted ceilings, and abundant natural light throughout. Outside, enjoy your own yard with room for gardening or gatherings, plus a storage shed for extra space. Conveniently located near major commuter routes, shopping, and dining, this home offers easy access to Baltimore and surrounding areas. Please note: All buyers must apply for park approval prior to purchase.

Key facts

  • Storage shed
  • Vaulted ceilings
  • Room for gardening

Tags

DEDICATED LAUNDRY AREAVAULTED CEILINGSABUNDANT NATURAL LIGHTSTORAGE SHEDROOM FOR GARDENING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $70k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $877 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $70k).
  • Recommended offer: $66k (6.0% below list) — sets the bar for market timing.
  • Cap rate 21.3% vs local median 4.4% in Brooklyn Park — 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 77/100 on livability (#81 in MD, #3,091 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools C-, crime F, amenities F.
  • Anne Arundel County Public Schools (suburban): math 20% / reading 37% proficiency, ranked #10 of 24 in MD (top 42%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising fast (+4.1%/yr); 165 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($54k/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 $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Anne Arundel County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 4.1% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 78 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $65,800 (6.0% below list)

Questions for the listing agent

  1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
2.46%
Cap rate
21.32%
Cash-on-cash
53.68%
DSCR
3.39
GRM
3.4

CMA / ARV

ARV (median comp)
$317,404
List price
$70,000
Delta
-77.95%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
120 Cedar Hill Rd 0.42mi 3/1.5 (+1) 1,008 (+1%) 3mo $334,900 $332 70
119 Bon Air Ave 0.42mi 2/1.5 1,056 (+6%) 14mo $332,000 $314 58
421 Cresswell Rd 0.31mi 3/1.0 (+1) 1,080 (+8%) 11mo $275,000 $255 58
316 Holy Cross Rd 0.47mi 3/1.0 (+1) 1,080 (+8%) 7mo $207,000 $192 54
227 Elizabeth Ave 0.62mi 3/1.0 (+1) 960 (-4%) 7mo $248,000 $258 53
319 Panorama 0.39mi 3/3.0 (+1) 1,108 (+11%) 0mo $367,000 $331 51
309 17th Ave 0.57mi 3/2.0 (+1) 960 (-4%) 9mo $315,000 $328 51
314 Holy Cross Rd 0.48mi 3/2.0 (+1) 1,080 (+8%) 11mo $292,500 $271 46
308 17th Ave 0.58mi 3/2.0 (+1) 960 (-4%) 13mo $357,500 $372 46
5904-A Belle Grove Rd 0.68mi 3/1.0 (+1) 945 (-6%) 12mo $305,000 $323 44
14 Cedar Hill Rd 0.59mi 2/1.0 864 (-14%) 8mo $250,000 $289 43
4 Cedar Hill Rd 0.64mi 3/1.0 (+1) 864 (-14%) 0mo $265,000 $307 42

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 · 4.08% rent growth · sell at horizon

5-year hold
IRR
53.0%
Equity multiple
3.37×
Total profit
$46,419
Equity at exit
$10,437
10-year hold
IRR
58.7%
Equity multiple
7.14×
Total profit
$120,369
Equity at exit
$6,052

Cash invested: $19,600 (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.

ZIP-level market 21225

Home prices YoY
-31.9%
Rents YoY
4.1%
Active inventory
165
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$1,722 high interval (Pro) →
Mortgage (P&I)
$367
Tax est. 1.5%
$88 /mo · $1,050/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$362
Net cashflow
$877

Break-even live

Break-even rent $612
Max offer price $70,000
Occupancy floor 44%

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
$17,500
Closing costs
$2,100
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 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
90 Hammonds Ln Brooklyn Park, MD 1.0–2.0 1.0–2.0 757 $1,964 $2.59 1d 4 0.63mi
6449 Union Ct Glen Burnie, MD 3.0 1.5 1152 $2,200 $1.91 43d 1 0.89mi
228 Candle Light Ln #228 Glen Burnie, MD 2.0 1.5 1179 $1,895 $1.61 43d 1 0.89mi
416 Hillview Dr Apt 201 Linthicum Heights, MD 1.0–2.0 1.0–2.0 875 $2,089 $2.39 2d 7 0.94mi
6456 Washington Sq Glen Burnie, MD 3.0 1.5 1216 $1,799 $1.48 21d 1 0.97mi
6401 Jefferson Pl Glen Burnie, MD 3.0 1.5 1216 $1,895 $1.56 2d 1 1.03mi
116-B Warwickshire Ln Glen Burnie, MD 1.0–3.0 1.0–1.5 800 $1,458 $1.82 1d 43 1.03mi
6455 Heritage Hill Dr Glen Burnie, MD 3.0 1.5 1152 $1,700 $1.48 3d 1 1.13mi
6319 Harris Heights Ave Glen Burnie, MD 3.0 1.5 1280 $2,200 $1.72 23d 1 1.17mi
140 Bethlehem Pl Brooklyn, MD 3.0 3.5 1120 $1,500 $1.34 43d 1 1.18mi
6001 Heritage Hill Dr Glen Burnie, MD 2.0–3.0 1.5–2.5 1012 $1,837 $1.81 1d 22 1.19mi
101 S Charter Rd Glen Burnie, MD 1.0–3.0 1.0–2.0 823 $1,598 $1.94 43d 1 1.21mi
6459 Grafton Garth Ct Glen Burnie, MD 2.0 2.0 1116 $1,900 $1.70 21d 1 1.21mi
1 Ballman Ct Unit 2 Baltimore, MD 2.0 1.0 700 $1,250 $1.79 43d 1 1.28mi
303 Arden Rd W Brooklyn, MD 3.0 2.0 1388 $2,500 $1.80 17d 1 1.40mi
5227 Patrick Henry Dr Brooklyn, MD 2.0 1.0 736 $1,326 $1.80 21d 1 1.41mi
4400 4th St Unit BASEMENT Baltimore, MD 2.0 1.0 925 $1,350 $1.46 43d 1 1.50mi

Listing history 14 events

  1. 2026-06-02
    days on market $70,000 Active 78 DOM
  2. 2026-06-01
    days on market $70,000 Active 77 DOM
  3. 2026-05-31
    days on market $70,000 Active 76 DOM
  4. 2026-05-05
    status Pending 970-char remark
    Show marketing remark (970 chars)

    Welcome to 635 Sunset Strip, a charming and affordable 2 bedroom, 1 bath home in the well-maintained Brooklyn Park community. This single-level residence offers comfort, convenience, and plenty of space for everyday living. Step inside to a bright and inviting living area with room to relax and entertain. The kitchen is equipped with ample cabinetry and counter space, making it both functional and convenient. The three bedrooms provide flexibility for family, guests, or a home office, while the full bathroom is updated and easy to maintain. Additional features include a dedicated laundry area, vaulted ceilings, and abundant natural light throughout. Outside, enjoy your own yard with room for gardening or gatherings, plus a storage shed for extra space. Conveniently located near major commuter routes, shopping, and dining, this home offers easy access to Baltimore and surrounding areas. Please note: All buyers must apply for park approval prior to purchase.

  5. 2026-03-30
    price $70,000 970-char remark
    Show marketing remark (970 chars)

    Welcome to 635 Sunset Strip, a charming and affordable 2 bedroom, 1 bath home in the well-maintained Brooklyn Park community. This single-level residence offers comfort, convenience, and plenty of space for everyday living. Step inside to a bright and inviting living area with room to relax and entertain. The kitchen is equipped with ample cabinetry and counter space, making it both functional and convenient. The three bedrooms provide flexibility for family, guests, or a home office, while the full bathroom is updated and easy to maintain. Additional features include a dedicated laundry area, vaulted ceilings, and abundant natural light throughout. Outside, enjoy your own yard with room for gardening or gatherings, plus a storage shed for extra space. Conveniently located near major commuter routes, shopping, and dining, this home offers easy access to Baltimore and surrounding areas. Please note: All buyers must apply for park approval prior to purchase.

  6. 2026-02-27
    listed $75,000 Active 970-char remark
    Show marketing remark (970 chars)

    Welcome to 635 Sunset Strip, a charming and affordable 2 bedroom, 1 bath home in the well-maintained Brooklyn Park community. This single-level residence offers comfort, convenience, and plenty of space for everyday living. Step inside to a bright and inviting living area with room to relax and entertain. The kitchen is equipped with ample cabinetry and counter space, making it both functional and convenient. The three bedrooms provide flexibility for family, guests, or a home office, while the full bathroom is updated and easy to maintain. Additional features include a dedicated laundry area, vaulted ceilings, and abundant natural light throughout. Outside, enjoy your own yard with room for gardening or gatherings, plus a storage shed for extra space. Conveniently located near major commuter routes, shopping, and dining, this home offers easy access to Baltimore and surrounding areas. Please note: All buyers must apply for park approval prior to purchase.

  7. 2026-02-27
    historical
    Show marketing remark (970 chars)

    Welcome to 635 Sunset Strip, a charming and affordable 2 bedroom, 1 bath home in the well-maintained Brooklyn Park community. This single-level residence offers comfort, convenience, and plenty of space for everyday living. Step inside to a bright and inviting living area with room to relax and entertain. The kitchen is equipped with ample cabinetry and counter space, making it both functional and convenient. The three bedrooms provide flexibility for family, guests, or a home office, while the full bathroom is updated and easy to maintain. Additional features include a dedicated laundry area, vaulted ceilings, and abundant natural light throughout. Outside, enjoy your own yard with room for gardening or gatherings, plus a storage shed for extra space. Conveniently located near major commuter routes, shopping, and dining, this home offers easy access to Baltimore and surrounding areas. Please note: All buyers must apply for park approval prior to purchase.

  8. 2026-02-01
    status Active
  9. 2026-01-31
    historical
  10. 2026-01-01
    price $75,000
  11. 2026-01-01
    status Active
  12. 2026-01-01
    historical
  13. 2025-11-24
    price $79,000
  14. 2025-09-15
    listed $80,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,667
− Mortgage interest
−$3,921
− Property taxes
−$1,050
− Insurance
−$350
− Repairs & maintenance
−$1,653
− Management
−$1,653
− Depreciation
−$2,036
Taxable income
$10,003
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,401
After-tax cash flow
$8,121/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

Fair 45/100 Moderate rehab

This single-family home in Brooklyn Park requires moderate repairs to its exterior siding and landscaping, but presents a good opportunity for a fresh paint job and landscaping to boost its resale and rental value.

Repairs flagged

  • Moderate exterior siding — Weathered and discolored
  • Minor landscaping — Overgrown vegetation

Value-add opportunities

  • Resale paint exterior — Fresh paint enhances curb appeal
  • Rental landscaping — Well-maintained landscaping attracts tenants

Renovation cost estimate screening

Repair itemSeverityEst. cost
exterior siding · Weathered and discolored Moderate $3,000–15,000
landscaping · Overgrown vegetation Minor $500–3,000
Total estimated repair cost · 2 items $3,500–18,000

Value-add ROI direction

  • Resale paint exterior — Fresh paint enhances curb appeal
  • Rental landscaping — Well-maintained landscaping attracts tenants

ⓘ 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
Anne Arundel County Public Schools
NCES district ID
2400060
Math proficiency
20% ▼ -21.00%
Reading proficiency
37% ▼ -13.00%
Median HH income
$87,880
Composite
28.52/100
National rank
#6733
State rank
#10 of 24 in MD

Livability — Brooklyn Park

Score
77/100
State rank
#81
US rank
#3091

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Brooklyn Park, MD
County
Anne Arundel County · 535,653 people
City population
34,062
Metro
Baltimore-Columbia-Towson, MD
Population (ZIP)
34,062
Household income
$54,020
Rent vs Own
50.4% rent · 49.6% own
Severe rent burden
1440.0

Population outlook (Anne Arundel County) Hauer SSP2

Today (2025)
617,384 people
By 2030
642,094 · +4.0%
By 2040
686,621 · +11.2%
By 2050
723,031 · +17.1%
By 2075
809,346 · +31.1%
By 2100
837,658 · +35.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Black 42% White 32% Hispanic / Latino 20% Two or more races 8% Native American 3% Asian 2%
Hispanic origin (detail)
Mexican 5% Puerto Rican 1%
Common ancestry
Romanian 2% Lithuanian 1% Iranian 1%
Foreign-born
12% · Canada, China
Languages at home
81% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Anne Arundel

2024 margin
D (+13.9) · D 55.7% · R 41.7% · Other 2.6%
2008→2024 swing
+15.7pp toward D · 2008: -1.8pp · 2024: 13.9pp
All cycles
2024: D+13.9 2020: D+14.5 2016: D+0.7 2012: R+0.9 2008: R+1.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -119.44%
Current HPI
254.5089
Rent YoY
▲ 4.08%
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

Price history

-12.5% since first listed
11 events — show timeline
  • 2026-05-05 Pending BRIGHT MLS
  • 2026-03-30 Price Changed $70,000 BRIGHT MLS
  • 2026-02-27 Listing Removed BRIGHT MLS
  • 2026-02-27 Listed $75,000 BRIGHT MLS
  • 2026-02-01 Relisted BRIGHT MLS
  • 2026-01-31 Listing Removed BRIGHT MLS
  • 2026-01-01 Price Changed $75,000 BRIGHT MLS
  • 2026-01-01 Relisted BRIGHT MLS
  • 2026-01-01 Listing Removed BRIGHT MLS
  • 2025-11-24 Price Changed $79,000 BRIGHT MLS
  • 2025-09-15 Listed $80,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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