7810 Clark Rd Unit D54 · Severn, MD 20794

$104,900

3 bd · 2.0 ba · 1,000 sqft · SingleFamily · 4 Days on market

Built 2023 Good condition Est $89k · 18% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful and Spacious Single Wide in Sought After Holiday Mobile Estates! Built in 2023 with Over 1000 Square Feet and in Great Condition. Enjoy Preparing Meals in your Big Eatin Kitchen with Plenty of Cabinets, Counter Space, Pantry and Breakfast Bar. Ther are three Bedrooms with a Large Primary Suite Featuring a Private Bath and Walkin Closet. Relax in your Big Living Room with a Builtin for your Big Screen TV. Outside there is a Custom Sundeck and Secure Storage Shed. Close to Schools, Shopping, Restaurants. Just minutes to Fort Meade, Arundel Mills, MD Live and Rt 100. This one is not going to last. Contact me today for a Private Viewing.

Key facts

• Secure storage shed
• Private bath
• Eatin kitchen

Tags

• EATIN KITCHEN
• LARGE PRIMARY SUITE
• PRIVATE BATH
• WALKIN CLOSET
• CUSTOM SUNDECK
• SECURE STORAGE SHED

Property features AI

Finance

• HOA & community: Land lease community (Holiday Mobile Estates); Monthly land lease: $875; Land lease years remaining: 100

Exterior

• Parking: Driveway parking; 2 driveway spaces; 2 total garage/parking spaces
• Utilities: Community water; Community septic tank; Electric hot water; Propane heating (leased); Electric for cooling and some systems
• Home design: Manufactured home (single wide); Clayton manufacturer; Shingle roof; Above-grade living space; Estimated year built
• Construction: Vinyl siding; Double-pane, vinyl-clad windows with screens; No basement
• Exterior features: Deck(s); Porch(es); Secure storage; Sidewalks; Shed

Interior

• Kitchen: Refrigerator; Gas oven/range; Dishwasher; Built-in microwave
• Bedrooms: 3 bedrooms on the main level
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms (on main level)
• Heating & cooling: Forced air heating; Propane (leased) heating fuel; Central air conditioning (electric)
• Interior features: Open floor plan; Breakfast area; Dining area; Country-style kitchen; Pantry; Crown moldings; Recessed lighting; Walk-in closet(s); Master bath(s); Stall shower; Tub/shower
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $105k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($20k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $105k).
• Cap rate 25.6% vs local median 4.0% in Severn — 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 70/100 on livability (#175 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A-; Watch: schools D+, crime D+, 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: 29 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).
• This rent runs 32% 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 $725 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $29k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $104,900

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 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: 2.92% ✓
• Cap rate: 25.64%
• Cash-on-cash: 69.09%
• DSCR: 4.07
• GRM: 2.9

CMA / ARV

• ARV (on-the-fly): $89,000
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7810 Clark Rd Unit D-64	0.24mi	3/2.0	1,064 (+6%)	1mo	$95,000	$89	77
7810 Clark Rd Unit D91	0.25mi	2/2.0 (-1)	960 (-4%)	1mo	$59,900	$62	76
54 Keith Ln Unit D54	0.05mi	3/2.0	1,056 (+6%)	19mo	$103,700	$98	72

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: 68.6%
• Equity multiple: 4.09×
• Total profit: $90,761
• Equity at exit: $15,641

10-year hold

• IRR: 72.7%
• Equity multiple: 8.42×
• Total profit: $217,920
• Equity at exit: $9,070

Cash invested: $29,372 (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: 29
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $3,058 high
• Mortgage (P&I): −$550
• Tax est. 1.5%: −$131 /mo · $1,574/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$642
• Net cashflow: $1,691

Break-even live

Break-even rent $918

Max offer price $104,900

Occupancy floor 40%

Sensitivity live

Price	-10% $1,764	-5% $1,727	+0% $1,691	+5% $1,655	+10% $1,619
Rent	-10% $1,450	-5% $1,570	+0% $1,691	+5% $1,812	+10% $1,933
Rate	-1.0pp $1,744	-0.5pp $1,718	base $1,691	+0.5pp $1,664	+1.0pp $1,636

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2109 Piney Branch Cir Hanover, MD	1.0–3.0	1.0–2.0	979	$3,577	$3.65	2d	39	0.47mi
7694 Dorchester Blvd Hanover, MD	2.0	1.0–2.0	855	$3,198	$3.74	3d	12	0.62mi
7557 Stoney Run Dr #101 Hanover, MD	2.0	2.0	1407	$2,350	$1.67	44d	1	0.87mi
1624 Hardwick Ct #402 Hanover, MD	2.0	2.0	1407	$2,400	$1.71	44d	1	1.00mi
7811 Shannon's Glen Dr Jessup, MD	1.0–3.0	1.0–2.0	1231	$3,872	$3.14	3d	21	1.13mi
1447 Pangbourne Way Hanover, MD	4.0	3.5	1450	$2,800	$1.93	44d	1	1.23mi

Listing history 6 events

1. 2026-06-18
   days on market $104,900 Active 4 DOM
2. 2026-06-17
   days on market $104,900 Active 3 DOM
3. 2026-06-16
   days on market $104,900 Active 2 DOM
4. 2026-06-15
   status $104,900 Active 1 DOM
5. 2026-06-13
   remarks 651-char remark
6. 2026-06-13
   listed $104,900 Active Under Contract 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: $36,701
• − Mortgage interest: −$5,876
• − Property taxes: −$1,574
• − Insurance: −$524
• − Repairs & maintenance: −$2,936
• − Management: −$2,936
• − Depreciation: −$3,052
• Taxable income: $19,803
• Est. tax owed @ 24.0%: −$4,753
• After-tax cash flow: $15,542/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 · 14 photos

Good 80/100 Cosmetic rehab

This single-wide mobile home is in excellent condition with new finishes and appliances. It's move-in ready and located in a desirable neighborhood.

Value-add opportunities

• Resale Painting the exterior siding — Fresh paint can enhance curb appeal and property value.
• Both Landscaping the front yard — A well-maintained front yard can improve both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Resale Painting the exterior siding — Fresh paint can enhance curb appeal and property value. ↑
• Both Landscaping the front yard — A well-maintained front yard can improve both resale and rental 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: 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 — Severn

• Score: 70/100
• State rank: #175
• US rank: #7833

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Severn, MD
• County: Howard County · 282,651 people
• City population: 37,118
• 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 (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 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 · 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: ▼ -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

2 events — show timeline

• 2026-06-11 Contingent — BRIGHT MLS
• 2026-06-10 Listed $104,900 BRIGHT MLS