2707 Fawn Ln · Bowie, MD 20715

$359,900

3 bd · 2.0 ba · 1,583 sqft · SingleFamily public records · 3 Days on market

Built 1963 10,834 sqft lot Est $454k · 21% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.4/30.0
• DSCR +4.0/10.0
• 1% rule +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Spacious rancher ideally situated on a quiet street in the established Foxhill at Belair community. This property presents a wonderful opportunity for investors, cash buyers, or buyers utilizing appropriate renovation financing to secure a home with a solid foundation, functional layout, and strong future potential. The home has been kept up over the years and offers an excellent starting point for those looking to renovate, customize, or add value. Inside, the home features 3 generously sized bedrooms, an updated kitchen, a bright breakfast room, and a separate dining room, creating a practical and spacious layout with room to reimagine and enhance. The kitchen serves as the heart of the h

Key facts

• 0.25 acre lot
• Garage
• Built 1963

Property features AI

Exterior

• Parking: Attached garage with front entry; Garage includes additional storage and inside access; Three driveway parking spaces; Total of four garage/parking spaces
• Security: Secure storage
• Utilities: Public water; Public sewer; Natural gas heating and hot water; Electric cooling
• Home design: Detached property; Fee simple ownership; Below-average condition; major rehab needed
• Construction: Frame construction; Slab foundation; Above-grade and below-grade structures; Built year per assessor
• Exterior features: Outbuilding(s); Sidewalks; Secure storage; Cleared lot; Front yard; Landscaped; Private yard; Side yards; Rear yard

Interior

• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: 90% forced air heating; Electric cooling
• Interior features: Breakfast area; Combination dining and living space; Separate dining area; Traditional floor plan; Carpeted areas; Furnished

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $360k.

Deal economics

• At list price, monthly cash flow is $5 ($57/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 $312k (13.4% below list).
• Recommended offer: $312k (13.4% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.1% in Bowie — 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 (#159 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+1.2%/yr); 124 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $311,504 (13.4% below list)

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.87% ✗
• Cap rate: 6.31%
• Cash-on-cash: 0.06%
• DSCR: 1.00
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $454,321
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2707 Fawn Ln	0.00mi	3/2.0	1,583 (0%)	0mo	$359,990	$227	100
2831 Sudberry Ln	0.27mi	4/2.0 (+1)	1,602 (+1%)	1mo	$460,000	$287	80
12310 Firtree Ln	0.21mi	4/2.0 (+1)	1,644 (+4%)	5mo	$450,000	$274	74
2915 Tallow Ln	0.30mi	4/2.0 (+1)	1,684 (+6%)	2mo	$475,000	$282	69
12324 Kemmerton Ln	0.62mi	3/2.0	1,583 (0%)	6mo	$486,000	$307	66
3101 Tinder Pl	0.62mi	3/2.0	1,583 (0%)	6mo	$470,000	$297	66
12419 Kensington Ln	0.73mi	3/2.0	1,583 (0%)	7mo	$435,000	$275	61
12105 Flint Ln	0.25mi	4/2.0 (+1)	1,404 (-11%)	6mo	$485,000	$345	59
12306 Shelter Ln	0.34mi	4/2.0 (+1)	1,404 (-11%)	6mo	$440,000	$313	56
2801 Stonybrook Dr	0.51mi	3/2.5	1,800 (+14%)	3mo	$445,000	$247	49
2919 Stonybrook Dr	0.75mi	3/2.0	1,781 (+12%)	2mo	$556,000	$312	42
12611 Blackwell Ln	0.68mi	3/2.0	1,809 (+14%)	5mo	$475,000	$263	41

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 · 1.2% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.37×
• Total profit: $-63,534
• Equity at exit: $53,662

10-year hold

• IRR: -14.4%
• Equity multiple: 0.24×
• Total profit: $-76,759
• Equity at exit: $31,118

Cash invested: $100,772 (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 20715

• Rents YoY: 1.2%
• Active inventory: 124
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $3,115 high
• Mortgage (P&I): −$1,887
• Tax from tax record: −$419 /mo · $5,026/yr
• Insurance: −$150
• HOA: −$0
• Vacancy / Maint / Mgmt: −$654
• Net cashflow: $5

Break-even live

Break-even rent $3,109

Max offer price $359,900

Occupancy floor 95%

Sensitivity live

Price	-10% $208	-5% $107	+0% $5	+5% $-97	+10% $-199
Rent	-10% $-241	-5% $-118	+0% $5	+5% $128	+10% $251
Rate	-1.0pp $186	-0.5pp $96	base $5	+0.5pp $-89	+1.0pp $-183

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: $89,975
• Closing costs: $10,797
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14804 London Ln Bowie, MD	3.0	1.5	1200	$2,650	$2.21	0d	1	0.63mi
14646 London Ln Bowie, MD	4.0	3.5	1800	$3,200	$1.78	19d	1	0.65mi
14510 London Ln Bowie, MD	3.0	2.5	1200	$2,500	$2.08	13d	1	0.68mi
14803 London Ln Bowie, MD	4.0	3.5	1800	$3,500	$1.94	44d	1	0.70mi
2803 Barberry Ln Bowie, MD	4.0	2.0	1716	$3,400	$1.98	25d	1	0.87mi
12604 Kemmerton Ln Bowie, MD	4.0	2.0	1404	$3,200	$2.28	45d	1	0.94mi
14909 Health Center Dr Bowie, MD	1.0–3.0	1.0–2.0	1090	$3,436	$3.15	0d	17	1.10mi
12304 Madeley Ln Bowie, MD	3.0	2.5	1800	$3,200	$1.78	44d	1	1.11mi
15310 Annapolis Rd Bowie, MD	3.0	2.5	1538	$2,500	$1.63	0d	1	1.11mi
6033 Grenfell Loop Bowie, MD	3.0	2.5	2160	$3,400	$1.57	25d	1	1.25mi
12718 Haskell Ln Bowie, MD	4.0	2.5	1872	$3,150	$1.68	16d	1	1.37mi
12005 Maycheck Ln Bowie, MD	3.0	2.0	1583	$3,000	$1.90	44d	1	1.43mi

Listing history 4 events

1. 2026-05-22
   status Pending
2. 2026-05-18
   status Active
3. 2026-05-14
   listed $359,900
4. 2026-05-14
   historical

ⓘ 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: $5,026 · $419/mo
• Projected year-2 tax: $5,026 · $419/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 8/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,380
• − Mortgage interest: −$20,160
• − Property taxes: −$5,026
• − Insurance: −$1,800
• − Repairs & maintenance: −$2,990
• − Management: −$2,990
• − Depreciation: −$10,470
• Taxable loss: −$6,056
• Est. tax savings @ 24.0%: +$1,453
• After-tax cash flow: $1,510/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: Prince George'S County Public Schools
• NCES district ID: 2400510
• Math proficiency: 8% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $73,967
• Composite: 16.82/100
• National rank: #9151
• State rank: #21 of 24 in MD

Livability — Bowie

• Score: 71/100
• State rank: #159
• US rank: #7194

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bowie, MD
• County: Prince Georges County · 919,866 people
• City population: 105,324
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 26,915
• Household income: $143,732
• Rent vs Own: 9.4% rent · 90.6% own
• Severe rent burden: 180.0

Population outlook (Prince George's County) Hauer SSP2

• Today (2025): 1,005,426 people
• By 2030: 1,048,416 · +4.3%
• By 2040: 1,123,425 · +11.7%
• By 2050: 1,183,220 · +17.7%
• By 2075: 1,306,202 · +29.9%
• By 2100: 1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 43% Black 38% Hispanic / Latino 9% Two or more races 8% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Romanian 2% Italian 1% Slovak 1%
• Foreign-born: 11% · Canada, China
• Languages at home: 86% English-only · Spanish 8% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Prince George's

• 2024 margin: Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
• All cycles: 2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -361.41%
• Current HPI: 302.4675
• Rent YoY: ▲ 1.20%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• 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

4 events — show timeline

• 2026-05-22 Pending — BRIGHT MLS
• 2026-05-18 Relisted — BRIGHT MLS
• 2026-05-14 Listing Removed — BRIGHT MLS
• 2026-05-14 Listed $359,900 BRIGHT MLS

Property tax history

+4.8%/yr

Latest (2025): $5,026 · +4.2% YoY. Source: county tax records.