5203 Addison Rd · Fairmount Heights, MD 20743

$199,900

3 bd · 2.0 ba · 840 sqft · SingleFamily public records · 7 Days on market

Built 1944 7,095 sqft lot Est $343k · 42% under

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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 +22.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.7/10.0
• Rent growth +4.0/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

the property is back on the market.

Key facts

• Private driveway
• Large kitchen
• Full basement

Tags

• LARGE KITCHEN
• WELCOMING FRONT PORCH
• FULL BASEMENT
• EXPANSIVE BACKYARD
• PRIVATE DRIVEWAY
• CONVENIENT OFF-STREET PARKING

Property features AI

Finance

• Other: Ownership is fee simple; Above-grade finished area reported as 840 (assessor); Below-grade unfinished area reported as 700 (assessor); Total below-grade area reported as 700

Exterior

• Parking: Driveway parking for 2 vehicles (total 2 garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Detached structure; Frame construction
• Construction: Permanent foundation; Above-grade and below-grade structures
• Exterior features: No tidal water

Interior

• Bedrooms: Two bedrooms on the main level; One bedroom on the lower level
• Bathrooms: One full bathroom on the main level; One full bathroom on the lower level (total 2 full bathrooms)
• Heating & cooling: Other heating; Other cooling; Other hot water
• Interior features: Full, fully finished basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 8.4% vs local median 5.0% in Fairmount Heights — 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 69/100 on livability (#195 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: crime F, amenities F, cost of living 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 fast (+5.9%/yr); 217 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($76k/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 $1k of loan paydown is wiped out by about $6k 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.
• At projected returns (-3.0% appreciation + 5.9% rent growth), your $56k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 13y 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.

Risks & watch-outs

• Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 22% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $199,900

Questions for the listing agent

1. Built in 1944 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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. 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: 1.17% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.54%
• DSCR: 1.34
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $342,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1300 Nye St	0.07mi	4/2.0 (+1)	880 (+5%)	1mo	$405,000	$460	83
1403 Farmingdale Ave	0.27mi	3/2.0	860 (+2%)	8mo	$200,000	$233	77
1315 Chapelwood Ln	0.11mi	4/2.0 (+1)	900 (+7%)	5mo	$367,500	$408	74
1113 Booth Ln	0.32mi	3/2.0	816 (-3%)	9mo	$360,000	$441	73
1305 Oates St	0.17mi	4/2.0 (+1)	860 (+2%)	13mo	$382,000	$444	72
5901 L St	0.31mi	2/1.0 (-1)	792 (-6%)	1mo	$210,000	$265	66
5704 L	0.21mi	3/2.0	936 (+11%)	6mo	$342,500	$366	66
5505 Jefferson Heights Dr	0.60mi	3/1.0	798 (-5%)	3mo	$145,000	$182	57
5817 Sheriff Rd	0.64mi	4/2.0 (+1)	864 (+3%)	9mo	$420,000	$486	53
1303 Eastern Ave	0.52mi	3/2.0	930 (+11%)	13mo	$400,000	$430	47
1007 Balsamtree Dr	0.45mi	2/1.5 (-1)	714 (-15%)	5mo	$175,000	$245	43
709 62nd Ave	0.66mi	2/1.0 (-1)	748 (-11%)	5mo	$255,000	$341	38

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 · 5.9% rent growth · sell at horizon

5-year hold

• IRR: -1.3%
• Equity multiple: 0.95×
• Total profit: $-2,903
• Equity at exit: $29,806

10-year hold

• IRR: 11.4%
• Equity multiple: 2.02×
• Total profit: $57,186
• Equity at exit: $17,284

Cash invested: $55,972 (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 20743

• Rents YoY: 5.9%
• Active inventory: 217
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,330 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$358 /mo · $4,290/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $352

Break-even live

Break-even rent $1,885

Max offer price $199,900

Occupancy floor 80%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
805 Eastern Ave Fairmount Heights, MD	4.0	2.0	936	$2,400	$2.56	5d	1	0.40mi
945 52nd St NE Washington, DC	2.0–3.0	1.0	612	$2,270	$3.71	24d	4	0.40mi
5338 Jay St NE Washington, DC	3.0	1.5	1000	$2,795	$2.79	24d	1	0.41mi
927 52nd St NE Unit 4 Washington, DC	2.0	1.0	700	$1,500	$2.14	24d	1	0.41mi
5213 Just St NE Washington, DC	3.0	2.0	1114	$2,400	$2.15	24d	1	0.42mi
4800 Addison Rd Capitol Heights, MD	1.0–3.0	1.0–3.0	998	$2,737	$2.74	2d	40	0.47mi
716 55th St NE Unit 1 Washington, DC	2.0	2.0	1100	$2,200	$2.00	20d	1	0.53mi
818 Balsamtree Pl Capitol Heights, MD	4.0	1.5	1102	$2,275	$2.06	5d	1	0.54mi
5811 Field Pl NE Unit 304 Washington, DC	3.0	1.0	779	$2,922	$3.75	24d	1	0.57mi
622 Eastern Ave NE #301 Washington, DC	2.0	1.0	755	$1,900	$2.52	24d	1	0.58mi
4936 Nash St NE Unit 9 Washington, DC	3.0	1.0	800	$2,175	$2.72	7d	1	0.65mi
4925 Just St NE Washington, DC	2.0	2.0	864	$2,299	$2.66	24d	1	0.71mi
5000 Hunt St NE Washington, DC	2.0	1.0	629	$1,325	$2.11	24d	20	0.72mi
4934 Just St NE Washington, DC	2.0	1.0	966	$2,200	$2.28	24d	1	0.76mi
832 49th St NE Unit 1 Washington, DC	3.0	1.0	1100	$2,350	$2.14	7d	1	0.83mi
832 49th St NE Washington, DC	3.0	1.0	1100	$2,425	$2.20	16d	1	0.83mi
832 49th St NE Unit 1 Washington, DC	3.0	1.0	1100	$2,425	$2.20	24d	1	0.83mi
405 Division Ave NE Unit 201 Washington, DC	2.0	1.0	656	$1,197	$1.82	17d	1	0.86mi
324 61st St NE Unit 4 Washington, DC	3.0	1.5	850	$2,800	$3.29	24d	1	0.86mi
5225 Dix St NE Washington, DC	2.0	1.0	800	$1,500	$1.88	22d	1	0.86mi
599 50th St NE Washington, DC	1.0–2.0	1.0–2.0	775	$2,081	$2.69	24d	1	0.88mi
323 62nd St NE Washington, DC	1.0–3.0	1.0–2.0	908	$2,435	$2.68	24d	1	0.90mi
4629 Meade St NE Washington, DC	3.0	1.5	960	$2,300	$2.40	24d	1	0.91mi
907 47th Pl NE Unit 1 Washington, DC	2.0	1.0	950	$1,575	$1.66	15d	1	0.93mi
903 Glen Willow Dr Capitol Heights, MD	2.0–3.0	1.0	885	$2,115	$2.39	2d	4	0.95mi
556 49th Pl NE Washington, DC	3.0	3.0	894	$3,475	$3.89	24d	1	0.99mi
4930 Eads Pl NE Washington, DC	3.0	1.5	1054	$2,400	$2.28	24d	1	1.01mi
4651 Nannie Helen Burroughs Ave NE Washington, DC	1.0–2.0	1.0	663	$1,749	$2.64	5d	3	1.01mi
505 69th St Capitol Heights, MD	3.0	2.0	1000	$2,500	$2.50	18d	1	1.09mi
4336 Polk St NE Washington, DC	2.0	1.5	864	$3,400	$3.94	24d	1	1.26mi
4241 Foote St NE Apt 301 Washington, DC	3.0	1.0	909	$2,925	$3.22	4d	1	1.37mi
4241 Foote St NE Unit 102 Washington, DC	2.0	1.0	811	$2,200	$2.71	4d	1	1.37mi
4255 Eads St NE Unit 3 Washington, DC	2.0	1.0	610	$1,750	$2.87	22d	1	1.38mi
22 Chamber Ave Capitol Heights, MD	3.0	1.0	942	$3,000	$3.18	43d	1	1.38mi
4932 A St SE #302 Washington, DC	2.0	2.0	1007	$2,495	$2.48	4d	1	1.39mi
5124 Astor Pl SE Washington, DC	2.0	1.0	700	$1,100	$1.57	24d	1	1.39mi
44 49th St SE Unit A1 Washington, DC	3.0	1.0	793	$2,499	$3.15	24d	1	1.41mi
4930 A St SE Unit 203 Washington, DC	3.0	1.0	750	$2,815	$3.75	24d	1	1.41mi
4601 Blaine St NE Unit 1 Washington, DC	2.0	1.0	750	$1,500	$2.00	24d	1	1.41mi
4919 A St SE Unit 202 Washington, DC	2.0	1.0	625	$1,900	$3.04	24d	1	1.43mi

Listing history 6 events

1. 2026-06-18
   days on market $199,900 Active 7 DOM
2. 2026-06-17
   days on market $199,900 Active 6 DOM
3. 2026-06-16
   days on market $199,900 Active 5 DOM
4. 2026-06-15
   days on market $199,900 Active 4 DOM
5. 2026-06-13
   remarks 699-char remark
6. 2026-06-13
   listed $199,900 Active 2 DOM

ⓘ 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: $4,290 · $358/mo
• Projected year-2 tax: $4,290 · $358/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 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 22% 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: $27,960
• − Mortgage interest: −$11,198
• − Property taxes: −$4,290
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,237
• − Management: −$2,237
• − Depreciation: −$5,815
• Taxable income: $1,184
• Est. tax owed @ 24.0%: −$284
• After-tax cash flow: $3,935/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 — Fairmount Heights

• Score: 69/100
• State rank: #195
• US rank: #8961

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Prince Georges County · 919,866 people
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 41,093
• Household income: $76,466
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 1418.0

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: Predominantly Black (78%)
• Race & ethnicity: Black 78% Hispanic / Latino 16% Two or more races 4% White 3% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Foreign-born: 16% · Canada
• Languages at home: 81% English-only · Spanish 13% 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: ▼ -311.97%
• Current HPI: 335.5152
• Rent YoY: ▲ 5.90%
• 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

+166.5% since first listed

18 events — show timeline

• 2026-06-11 Listed $199,900 BRIGHT MLS
• 2024-07-10 Listing Removed — BRIGHT MLS
• 2024-06-29 Listed $220,000 BRIGHT MLS
• 2018-04-23 Sold (Public Records) $210,000 Public Records
• 2018-03-16 Sold (MLS) $210,000 BRIGHT MLS
• 2018-03-16 Sold (MLS) $210,000 MRIS
• 2018-02-03 Listing Removed — BRIGHT MLS
• 2018-02-02 Delisted — MRIS
• 2018-01-29 Listed $210,000 BRIGHT MLS
• 2018-01-29 Listed $210,000 MRIS
• 2013-06-28 Sold (Public Records) $79,000 Public Records
• 2013-06-28 Sold (Public Records) $65,500 Public Records
• 2013-06-21 Sold (MLS) $65,500 MRIS
• 2013-06-21 Sold (MLS) $65,500 BRIGHT MLS
• 2013-06-11 Pending — MRIS
• 2013-06-11 Listing Removed — BRIGHT MLS
• 2013-06-01 Listed $75,000 MRIS
• 2013-05-31 Listed $75,000 BRIGHT MLS

Property tax history

+8.7%/yr

Latest (2025): $4,290 · +7.9% YoY. Source: county tax records.