1400 Linden Dr · Pocomoke City, MD 21851

$189,999

2 bd · 1.0 ba · 1,399 sqft · SingleFamily public records · 37 Days on market

Built 1950 8,597 sqft lot $136/sqft · at area comps Est $196k · at est.

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Why this score? — see what drove the D+ 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 +18.5/30.0
• ARV discount +8.9/15.0
• DSCR +5.8/10.0
• 1% rule +4.7/10.0
• Livability +3.6/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wonderful Two Bedroom, One Bath on large corner lot close to the Pocomoke Community Center in the area known as "The Heights". New Windows. Bedrooms and Living Room are carpeted. The enclosed Porch is tile with windows all around. The home has Central Air. Washer and Dryer are included. Kitchen is eat in.

Key facts

• Natural light
• Functional layout
• Conveniently located

Tags

• FUNCTIONAL LAYOUT
• COMFORTABLE LIVING SPACES
• NATURAL LIGHT
• CONVENIENTLY LOCATED
• NEW ROOF
• NEW HEATING AND AC UNIT

Property features AI

Exterior

• Parking: Driveway parking (2 spaces); Total of 2 garage and parking spaces
• Utilities: Public water; Public sewer; Electric cooling fuel; Natural gas available for heating
• Home design: Detached property; Very good condition; Fee simple ownership
• Construction: Brick construction; Block foundation; Architectural shingle roof; Built details from assessor
• Exterior features: Not in a federal flood zone; Two or more access exits; Municipal trash service

Interior

• Kitchen: Stainless steel appliances
• Bedrooms: Two bedrooms on the main level
• Flooring: Carpet
• Bathrooms: One full bathroom (on main level)
• Heating & cooling: Heat pump(s); Central air conditioning; Natural gas heating fuel; Electric hot water
• Interior features: Carpeted areas; Ceiling fan(s); Combination kitchen and dining area; Paneled walls
• Laundry & utility: Washer/dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $182 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (3.5% below list).
• Recommended offer: $183k (3.5% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 5.6% in Pocomoke City — 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 (#157 in MD) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: employment D+, crime F, amenities F.
• Worcester County Public Schools (town): math 30% / reading 44% proficiency, ranked #6 of 24 in MD (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 69 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 354 units permitted in Worcester County in 2024 (6 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 $6k of value loss. Plan a longer hold.
• Worcester County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 31y 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 $150k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,408 (3.5% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.97% ✗
• Cap rate: 7.44%
• Cash-on-cash: 4.11%
• DSCR: 1.18
• GRM: 8.6

CMA / ARV

• ARV (median comp): $195,933
• List price: $189,999
• Delta: -3.03%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1298 Dorchester Ave	0.12mi	3/2.0 (+1)	1,420 (+2%)	8mo	$283,000	$199	76
1403 Linden Dr	0.03mi	3/2.0 (+1)	1,312 (-6%)	5mo	$175,000	$133	75
1406 Cedar Run	0.17mi	3/2.5 (+1)	1,475 (+5%)	1mo	$289,900	$197	71
1411 Cedar Run	0.15mi	3/2.5 (+1)	1,331 (-5%)	4mo	$280,000	$210	71
1410 Cedar Run	0.18mi	3/2.0 (+1)	1,311 (-6%)	3mo	$289,900	$221	70
1401 Cedar Run	0.13mi	3/2.5 (+1)	1,475 (+5%)	5mo	$289,900	$197	70
1296 Dorchester Ave	0.15mi	3/2.0 (+1)	1,506 (+8%)	8mo	$282,100	$187	65
2110 Southern Fields Dr	0.75mi	3/2.5 (+1)	1,358 (-3%)	2mo	$249,900	$184	48
621 Cedar St	0.67mi	3/2.5 (+1)	1,350 (-4%)	6mo	$220,000	$163	48
1920 N Old Mill Dr	0.68mi	3/2.0 (+1)	1,323 (-5%)	9mo	$244,900	$185	43
1731 Cedar St	0.57mi	3/2.0 (+1)	1,581 (+13%)	1mo	$221,000	$140	42
1906 N Old Mill Dr	0.72mi	3/2.0 (+1)	1,316 (-6%)	10mo	$240,000	$182	39

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: -9.9%
• Equity multiple: 0.64×
• Total profit: $-19,178
• Equity at exit: $28,329

10-year hold

• IRR: -0.5%
• Equity multiple: 0.97×
• Total profit: $-1,753
• Equity at exit: $16,428

Cash invested: $53,200 (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 21851

• Home prices YoY: -4.0%
• Active inventory: 69
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,834 high
• Mortgage (P&I): −$996
• Tax from tax record: −$191 /mo · $2,293/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $182

Break-even live

Break-even rent $1,603

Max offer price $189,999

Occupancy floor 85%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1513 Princess Anne Ln Pocomoke City, MD	3.0	2.0	1542	$1,950	$1.26	43d	1	0.17mi
241 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	13d	1	0.29mi
242 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	13d	1	0.29mi
202 Carsons Ct Pocomoke City, MD	3.0	2.0	1472	$1,695	$1.15	13d	1	0.33mi
621 Cedar St Pocomoke City, MD	3.0	2.5	1352	$2,195	$1.62	13d	1	0.65mi
417 Walnut St Unit 2 Pocomoke City, MD	1.0	1.0	900	$995	$1.11	21d	1	0.82mi
2005 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1373	$1,895	$1.38	13d	1	0.82mi
2007 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1302	$1,895	$1.46	13d	1	0.83mi

Listing history 27 events

1. 2026-06-18
   days on market $189,999 Active 37 DOM
2. 2026-06-17
   days on market $189,999 Active 36 DOM
3. 2026-06-16
   days on market $189,999 Active 35 DOM
4. 2026-06-15
   days on market $189,999 Active 34 DOM
5. 2026-06-14
   days on market $189,999 Active 32 DOM
6. 2026-06-13
   days on market $189,999 Active 31 DOM
7. 2026-06-10
   days on market $189,999 Active 29 DOM
8. 2026-06-09
   days on market $189,999 Active 28 DOM
9. 2026-06-08
   days on market $189,999 Active 27 DOM
10. 2026-06-07
    days on market $189,999 Active 26 DOM
11. 2026-06-02
    days on market $189,999 Active 21 DOM
12. 2026-06-01
    days on market $189,999 Active 20 DOM
13. 2026-05-31
    days on market $189,999 Active 19 DOM
14. 2026-05-30
    days on market $189,999 Active 18 DOM
15. 2026-05-12
    listed $189,999 Active 804-char remark
16. 2022-08-25
    soldstatus $150,000
17. 2022-06-30
    soldstatus $150,000 Closed 316-char remark

    Show marketing remark (316 chars)

    Wonderful Two Bedroom, One Bath on large corner lot close to the Pocomoke Community Center in the area known as "The Heights". New Windows. Bedrooms and Living Room are carpeted. The enclosed Porch is tile with windows all around. The home has Central Air. Washer and Dryer are included. Kitchen is eat in.

18. 2022-05-26
    status Pending 316-char remark

    Show marketing remark (316 chars)

    Wonderful Two Bedroom, One Bath on large corner lot close to the Pocomoke Community Center in the area known as "The Heights". New Windows. Bedrooms and Living Room are carpeted. The enclosed Porch is tile with windows all around. The home has Central Air. Washer and Dryer are included. Kitchen is eat in.

19. 2022-05-19
    listed $145,500 Active 316-char remark

    Show marketing remark (316 chars)

    Wonderful Two Bedroom, One Bath on large corner lot close to the Pocomoke Community Center in the area known as "The Heights". New Windows. Bedrooms and Living Room are carpeted. The enclosed Porch is tile with windows all around. The home has Central Air. Washer and Dryer are included. Kitchen is eat in.

20. 2001-05-25
    soldstatus $57,500
21. 2001-03-15
    soldstatus $57,500

    Show marketing remark (239 chars)

    ADORABLE STARTER OR EMPTY NESTER HOME! ROOF APROX 2 YEARS, NEW GENERATOR FOR FURNACE NOV. 2000. CONVEYS WITH 3 AC WINDOW UNITS(AS IS) , WINDOW TREATMENTS, 3 CEILING FANS, FRIG & RANGE. NO HEAT IN SUNRM. ADORABLE AND AFFORDABLE, TOO!

22. 2001-02-21
    historical

    Show marketing remark (239 chars)

    ADORABLE STARTER OR EMPTY NESTER HOME! ROOF APROX 2 YEARS, NEW GENERATOR FOR FURNACE NOV. 2000. CONVEYS WITH 3 AC WINDOW UNITS(AS IS) , WINDOW TREATMENTS, 3 CEILING FANS, FRIG & RANGE. NO HEAT IN SUNRM. ADORABLE AND AFFORDABLE, TOO!

23. 2001-02-12
    listed $59,900

    Show marketing remark (239 chars)

    ADORABLE STARTER OR EMPTY NESTER HOME! ROOF APROX 2 YEARS, NEW GENERATOR FOR FURNACE NOV. 2000. CONVEYS WITH 3 AC WINDOW UNITS(AS IS) , WINDOW TREATMENTS, 3 CEILING FANS, FRIG & RANGE. NO HEAT IN SUNRM. ADORABLE AND AFFORDABLE, TOO!

24. 1996-04-30
    soldstatus $54,000
25. 1996-04-26
    soldstatus $54,000
26. 1995-10-16
    listed $56,900
27. 1986-07-11
    soldstatus $30,000

ⓘ 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: $2,293 · $191/mo
• Projected year-2 tax: $2,293 · $191/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 9/10 Extreme 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,009
• − Mortgage interest: −$10,643
• − Property taxes: −$2,293
• − Insurance: −$950
• − Repairs & maintenance: −$1,761
• − Management: −$1,761
• − Depreciation: −$5,527
• Taxable loss: −$926
• Est. tax savings @ 24.0%: +$222
• After-tax cash flow: $2,410/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: Worcester County Public Schools
• NCES district ID: 2400720
• Math proficiency: 30% ▼ -25.00%
• Reading proficiency: 44% ▼ -20.00%
• Median HH income: $56,748
• Composite: 32.6/100
• National rank: #5672
• State rank: #6 of 24 in MD

Livability — Pocomoke City

• Score: 71/100
• State rank: #157
• US rank: #7066

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocomoke City, MD
• Population (ZIP): 7,252

Population outlook (Worcester County) Hauer SSP2

• Today (2025): 51,363 people
• By 2030: 51,191 · -0.3%
• By 2040: 50,459 · -1.8%
• By 2050: 49,451 · -3.7%
• By 2075: 48,533 · -5.5%
• By 2100: 44,223 · -13.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 54% Black 37% Two or more races 5% Asian 2% Hispanic / Latino 2%
• Common ancestry: Scandinavian 2% Romanian 2% Scotch-Irish 2%
• Foreign-born: 5% · Canada, Dominican Republic, Mexico
• Languages at home: 93% English-only · Other Asian/Pacific 1% Spanish 1% Vietnamese 1%

Political lean MEDSL · Worcester

• 2024 margin: Strong R (+22.0) · D 38.0% · R 60.0% · Other 2.0%
• 2008→2024 swing: -6.5pp toward R · 2008: -15.5pp · 2024: -22.0pp
• All cycles: 2024: R+22.0 2020: R+19.0 2016: R+27.9 2012: R+18.3 2008: R+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -10.03%
• Current HPI: 243.2329
• 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

+533.3% since first listed

13 events — show timeline

• 2026-05-12 Listed $189,999 BRIGHT MLS
• 2022-08-25 Sold (Public Records) $150,000 Public Records
• 2022-06-30 Sold (MLS) $150,000 BRIGHT MLS
• 2022-05-26 Pending — BRIGHT MLS
• 2022-05-19 Listed $145,500 BRIGHT MLS
• 2001-05-25 Sold (Public Records) $57,500 Public Records
• 2001-03-15 Sold (MLS) $57,500 BRIGHT MLS
• 2001-02-21 Listing Removed — BRIGHT MLS
• 2001-02-12 Listed $59,900 BRIGHT MLS
• 1996-04-30 Sold (Public Records) $54,000 Public Records
• 1996-04-26 Sold (MLS) $54,000 BRIGHT MLS
• 1995-10-16 Listed $56,900 BRIGHT MLS
• 1986-07-11 Sold (Public Records) $30,000 Public Records

Property tax history

+5.3%/yr

Latest (2025): $2,293 · +25.3% YoY. Source: county tax records.