485 Keith Rd · Marlboro Meadows, MD 20711

$158,900

3 bd · 2.0 ba · 1,400 sqft · SingleFamily · 88 Days on market

Built 2019 $114/sqft · 69% above area

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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 +27.4/30.0
• DSCR +9.6/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Livability +3.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Spacious Double-Wide | 3 Bed / 2 Bath | 1,500 Sq Ft * * Welcome home to this beautifully appointed double-wide offering nearly 1,500 square feet of thoughtfully designed living space. From the moment you arrive, you'll appreciate the covered front porch — perfect for morning coffee or evening relaxation — along with generous side yard space and a handy 10x10 storage shed. Step inside and you'll immediately notice the quality throughout, starting with * * real drywall * * (not drywall panels) giving every room a solid, finished feel. The open-concept kitchen is a true showstopper, anchored by a * * huge island with seating * * — ideal for entertaining or casual family meals. The built-in entertainment center with sliding * * barn door * * adds stylish character to the living area, while the * * electric fireplace * * creates a cozy ambiance year-round. The primary suite is your personal retreat, featuring a * * walk-in closet * * and an oversized shower. Two additional bedrooms and a second full bath offer plenty of room for family or guests. * * Recent updates take the worry out of ownership: * * dishwasher replaced June 2025, roof repaired March 2026, plus all-new blinds for every window. As a bonus, * * 5 gallons of paint are included * * — move in and make it your own from day one. Tucked away on a * * back, quiet street * * , this home still keeps you close to everything the community has to offer — including * * trash and water covered by HOA fees * * , sidewalks, playgrounds, a pool, tennis court, and basketball court. * This one checks every box — schedule your showing today! *

Key facts

• Covered front porch
• Walk-in closet
• Barn door

Tags

• COVERED FRONT PORCH
• HUGE ISLAND WITH SEATING
• BUILT-IN ENTERTAINMENT CENTER
• BARN DOOR
• ELECTRIC FIREPLACE
• WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $464 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $149k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#327 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: schools D, amenities F, commute 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: 50 active listings in the ZIP; 1,303 units permitted in Anne Arundel County in 2024 (299 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 $44k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 88 days — a 6% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 26y 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 $80k; list at $159k implies a 99% gain — meaningful room to come down on a strong offer.

Recommended offer $149,366 (6.0% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.24% ✓
• Cap rate: 9.80%
• Cash-on-cash: 12.52%
• DSCR: 1.56
• GRM: 6.7

CMA / ARV

• ARV (median comp): $94,050
• List price: $158,900
• Delta: 68.95%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
402 Boones Dr	0.20mi	3/2.0	1,539 (+10%)	2mo	$169,000	$110	72
1021 Marlboro Rd	0.17mi	3/2.0	1,562 (+12%)	10mo	$365,000	$234	64
312 Berts Dr	0.17mi	3/2.0	1,600 (+14%)	10mo	$138,000	$86	60
473 Sarah Anne Dr	0.08mi	2/2.0 (-1)	1,200 (-14%)	9mo	$65,900	$55	60
82B Edward Ln	0.22mi	3/2.0	1,500 (+7%)	23mo	$130,000	$87	59
48 Boones Dr	0.38mi	4/2.0 (+1)	1,334 (-5%)	15mo	$130,500	$98	57
1 Boones Dr	0.50mi	4/2.0 (+1)	1,464 (+5%)	9mo	$160,000	$109	56

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: 2.3%
• Equity multiple: 1.09×
• Total profit: $3,851
• Equity at exit: $23,693

10-year hold

• IRR: 11.9%
• Equity multiple: 1.93×
• Total profit: $41,550
• Equity at exit: $13,739

Cash invested: $44,492 (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 20711

• Active inventory: 50
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,978 medium
• Mortgage (P&I): −$833
• Tax est. 1.5%: −$199 /mo · $2,384/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $464

Break-even live

Break-even rent $1,390

Max offer price $158,900

Occupancy floor 72%

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: $39,725
• Closing costs: $4,767
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $158,900 Active 88 DOM
2. 2026-06-17
   days on market $158,900 Active 87 DOM
3. 2026-06-16
   days on market $158,900 Active 86 DOM
4. 2026-06-15
   days on market $158,900 Active 85 DOM
5. 2026-06-13
   days on market $158,900 Active 83 DOM
6. 2026-06-09
   days on market $158,900 Active 79 DOM
7. 2026-06-08
   days on market $158,900 Active 78 DOM
8. 2026-06-07
   days on market $158,900 Active 77 DOM
9. 2026-06-04
   days on market $158,900 Active 74 DOM
10. 2026-06-03
    days on market $158,900 Active 73 DOM
11. 2026-06-02
    days on market $158,900 Active 72 DOM
12. 2026-06-01
    days on market $158,900 Active 71 DOM
13. 2026-05-31
    days on market $158,900 Active 70 DOM
14. 2026-05-12
    price $158,900 1687-char remark

    Show marketing remark (1687 chars)

    * * Spacious Double-Wide | 3 Bed / 2 Bath | 1,500 Sq Ft * * Welcome home to this beautifully appointed double-wide offering nearly 1,500 square feet of thoughtfully designed living space. From the moment you arrive, you'll appreciate the covered front porch — perfect for morning coffee or evening relaxation — along with generous side yard space and a handy 10x10 storage shed. Step inside and you'll immediately notice the quality throughout, starting with * * real drywall * * (not drywall panels) giving every room a solid, finished feel. The open-concept kitchen is a true showstopper, anchored by a * * huge island with seating * * — ideal for entertaining or casual family meals. The built-in entertainment center with sliding * * barn door * * adds stylish character to the living area, while the * * electric fireplace * * creates a cozy ambiance year-round. The primary suite is your personal retreat, featuring a * * walk-in closet * * and an oversized shower. Two additional bedrooms and a second full bath offer plenty of room for family or guests. * * Recent updates take the worry out of ownership: * * dishwasher replaced June 2025, roof repaired March 2026, plus all-new blinds for every window. As a bonus, * * 5 gallons of paint are included * * — move in and make it your own from day one. Tucked away on a * * back, quiet street * * , this home still keeps you close to everything the community has to offer — including * * trash and water covered by HOA fees * * , sidewalks, playgrounds, a pool, tennis court, and basketball court. * This one checks every box — schedule your showing today! *

15. 2026-04-20
    price $162,500 1687-char remark

    Show marketing remark (1687 chars)

    * * Spacious Double-Wide | 3 Bed / 2 Bath | 1,500 Sq Ft * * Welcome home to this beautifully appointed double-wide offering nearly 1,500 square feet of thoughtfully designed living space. From the moment you arrive, you'll appreciate the covered front porch — perfect for morning coffee or evening relaxation — along with generous side yard space and a handy 10x10 storage shed. Step inside and you'll immediately notice the quality throughout, starting with * * real drywall * * (not drywall panels) giving every room a solid, finished feel. The open-concept kitchen is a true showstopper, anchored by a * * huge island with seating * * — ideal for entertaining or casual family meals. The built-in entertainment center with sliding * * barn door * * adds stylish character to the living area, while the * * electric fireplace * * creates a cozy ambiance year-round. The primary suite is your personal retreat, featuring a * * walk-in closet * * and an oversized shower. Two additional bedrooms and a second full bath offer plenty of room for family or guests. * * Recent updates take the worry out of ownership: * * dishwasher replaced June 2025, roof repaired March 2026, plus all-new blinds for every window. As a bonus, * * 5 gallons of paint are included * * — move in and make it your own from day one. Tucked away on a * * back, quiet street * * , this home still keeps you close to everything the community has to offer — including * * trash and water covered by HOA fees * * , sidewalks, playgrounds, a pool, tennis court, and basketball court. * This one checks every box — schedule your showing today! *

16. 2026-03-24
    price $169,900 1687-char remark

    Show marketing remark (1687 chars)

    * * Spacious Double-Wide | 3 Bed / 2 Bath | 1,500 Sq Ft * * Welcome home to this beautifully appointed double-wide offering nearly 1,500 square feet of thoughtfully designed living space. From the moment you arrive, you'll appreciate the covered front porch — perfect for morning coffee or evening relaxation — along with generous side yard space and a handy 10x10 storage shed. Step inside and you'll immediately notice the quality throughout, starting with * * real drywall * * (not drywall panels) giving every room a solid, finished feel. The open-concept kitchen is a true showstopper, anchored by a * * huge island with seating * * — ideal for entertaining or casual family meals. The built-in entertainment center with sliding * * barn door * * adds stylish character to the living area, while the * * electric fireplace * * creates a cozy ambiance year-round. The primary suite is your personal retreat, featuring a * * walk-in closet * * and an oversized shower. Two additional bedrooms and a second full bath offer plenty of room for family or guests. * * Recent updates take the worry out of ownership: * * dishwasher replaced June 2025, roof repaired March 2026, plus all-new blinds for every window. As a bonus, * * 5 gallons of paint are included * * — move in and make it your own from day one. Tucked away on a * * back, quiet street * * , this home still keeps you close to everything the community has to offer — including * * trash and water covered by HOA fees * * , sidewalks, playgrounds, a pool, tennis court, and basketball court. * This one checks every box — schedule your showing today! *

17. 2026-03-22
    listed $165,000 Active 1687-char remark

    Show marketing remark (1687 chars)

    * * Spacious Double-Wide | 3 Bed / 2 Bath | 1,500 Sq Ft * * Welcome home to this beautifully appointed double-wide offering nearly 1,500 square feet of thoughtfully designed living space. From the moment you arrive, you'll appreciate the covered front porch — perfect for morning coffee or evening relaxation — along with generous side yard space and a handy 10x10 storage shed. Step inside and you'll immediately notice the quality throughout, starting with * * real drywall * * (not drywall panels) giving every room a solid, finished feel. The open-concept kitchen is a true showstopper, anchored by a * * huge island with seating * * — ideal for entertaining or casual family meals. The built-in entertainment center with sliding * * barn door * * adds stylish character to the living area, while the * * electric fireplace * * creates a cozy ambiance year-round. The primary suite is your personal retreat, featuring a * * walk-in closet * * and an oversized shower. Two additional bedrooms and a second full bath offer plenty of room for family or guests. * * Recent updates take the worry out of ownership: * * dishwasher replaced June 2025, roof repaired March 2026, plus all-new blinds for every window. As a bonus, * * 5 gallons of paint are included * * — move in and make it your own from day one. Tucked away on a * * back, quiet street * * , this home still keeps you close to everything the community has to offer — including * * trash and water covered by HOA fees * * , sidewalks, playgrounds, a pool, tennis court, and basketball court. * This one checks every box — schedule your showing today! *

18. 2008-07-15
    soldstatus $80,000 Sold 361-char remark

    Show marketing remark (361 chars)

    4BR doublewide in quiet Boones Estates; community has outdoor pool, tennis court & playgrnd, Easy commute to DC & metro area, lg MBR has Full BA with soaking tub, separate shower, skylight, vaulted ceilings, cozy family room w/ fireplace, large kitchen, plus eat-in dining, seperate laundry room, formal dining area, 2 seperate decks, and much more!

19. 2008-07-10
    historical 361-char remark

    Show marketing remark (361 chars)

    4BR doublewide in quiet Boones Estates; community has outdoor pool, tennis court & playgrnd, Easy commute to DC & metro area, lg MBR has Full BA with soaking tub, separate shower, skylight, vaulted ceilings, cozy family room w/ fireplace, large kitchen, plus eat-in dining, seperate laundry room, formal dining area, 2 seperate decks, and much more!

20. 2008-06-24
    listed $89,900 361-char remark

    Show marketing remark (361 chars)

    4BR doublewide in quiet Boones Estates; community has outdoor pool, tennis court & playgrnd, Easy commute to DC & metro area, lg MBR has Full BA with soaking tub, separate shower, skylight, vaulted ceilings, cozy family room w/ fireplace, large kitchen, plus eat-in dining, seperate laundry room, formal dining area, 2 seperate decks, and much more!

21. 2000-05-01
    soldstatus $65,000
22. 2000-03-04
    historical
23. 2000-03-01
    listed $67,900

ⓘ 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: $23,733
• − Mortgage interest: −$8,901
• − Property taxes: −$2,384
• − Insurance: −$794
• − Repairs & maintenance: −$1,899
• − Management: −$1,899
• − Depreciation: −$4,623
• Taxable income: $3,234
• Est. tax owed @ 24.0%: −$776
• After-tax cash flow: $4,795/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: 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 — Marlboro Meadows

• Score: 62/100
• State rank: #327
• US rank: #17129

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 7,629

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 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 24% Two or more races 12% Black 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Portuguese 3% Scotch-Irish 2% Italian 1%
• Foreign-born: 10% · Canada
• Languages at home: 86% English-only · Spanish 10% Other Asian/Pacific 2%

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: ▼ -131.12%
• Current HPI: 232.1067
• Rent YoY: —
• Metro: —
• 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

+134.0% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $158,900 BRIGHT MLS
• 2026-04-20 Price Changed $162,500 BRIGHT MLS
• 2026-03-24 Price Changed $169,900 BRIGHT MLS
• 2026-03-22 Listed $165,000 BRIGHT MLS
• 2008-07-15 Sold (MLS) $80,000 MRIS
• 2008-07-10 Delisted — MRIS
• 2008-06-24 Listed $89,900 MRIS
• 2000-05-01 Sold (MLS) $65,000 MRIS
• 2000-03-04 Delisted — MRIS
• 2000-03-01 Listed $67,900 MRIS