711 6th St · Pocomoke City, MD 21851

$75,000

2 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 614 Days on market

Built 1900 8,500 sqft lot $74/sqft · 42% below area Est $129k · 42% under ↓ 31% since listing

---

Why this score? — see what drove the B+ 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

Key facts

• Diamond in the rough
• Spacious lot
• Ample opportunity

Tags

• SPACIOUS LOT
• AMPLE OPPORTUNITY
• DIAMOND IN THE ROUGH

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $746 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.2% 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; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 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 $519 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 614 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 614 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 2.08% ✓
• Cap rate: 18.24%
• Cash-on-cash: 42.66%
• DSCR: 2.90
• GRM: 4.0

CMA / ARV

• ARV (median comp): $129,235
• List price: $75,000
• Delta: -41.97%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
206 8th St	0.27mi	2/1.0	996 (-1%)	1mo	$110,000	$110	84
603 Laurel	0.09mi	3/1.0 (+1)	984 (-2%)	16mo	$89,990	$91	73
109 8th St	0.52mi	3/1.0 (+1)	1,012 (+0%)	7mo	$125,000	$124	64
804 4th St	0.18mi	3/1.0 (+1)	984 (-2%)	22mo	$155,000	$158	64
503 Cedar St	0.14mi	3/1.0 (+1)	1,092 (+8%)	14mo	$185,500	$170	63
107 8th St	0.52mi	2/1.0	1,012 (+0%)	15mo	$150,000	$148	62
707 9th St	0.25mi	3/1.0 (+1)	960 (-5%)	22mo	$205,000	$214	58
600 Laurel St	0.08mi	3/1.0 (+1)	1,145 (+14%)	16mo	$150,000	$131	55
619 Oxford St	0.39mi	3/2.0 (+1)	1,080 (+7%)	7mo	$190,000	$176	55
117 Oak St	0.27mi	3/2.0 (+1)	1,120 (+11%)	7mo	$200,000	$179	54
907 Walnut St	0.33mi	2/1.0	1,151 (+14%)	18mo	$205,000	$178	46

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: 39.4%
• Equity multiple: 2.69×
• Total profit: $35,393
• Equity at exit: $11,183

10-year hold

• IRR: 45.8%
• Equity multiple: 5.38×
• Total profit: $92,050
• Equity at exit: $6,485

Cash invested: $21,000 (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: 4.0×

Monthly cashflow live

• Estimated rent: $1,558 high
• Mortgage (P&I): −$393
• Tax from tax record: −$59 /mo · $713/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $746

Break-even live

Break-even rent $613

Max offer price $75,000

Occupancy floor 47%

Sensitivity live

Price	-10% $789	-5% $768	+0% $746	+5% $725	+10% $704
Rent	-10% $623	-5% $685	+0% $746	+5% $808	+10% $870
Rate	-1.0pp $784	-0.5pp $766	base $746	+0.5pp $727	+1.0pp $707

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
704 5th St Pocomoke City, MD	2.0	1.0	784	$1,395	$1.78	14d	1	0.12mi
621 Cedar St Pocomoke City, MD	3.0	2.5	1352	$2,195	$1.62	14d	1	0.17mi
417 Walnut St Unit 2 Pocomoke City, MD	1.0	1.0	900	$995	$1.11	22d	1	0.21mi
406 Maple St Pocomoke City, MD	2.0	1.0	829	$1,400	$1.69	14d	1	0.25mi
242 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	14d	1	0.58mi
241 Morgans Ct Pocomoke City, MD	3.0	2.5	1304	$1,795	$1.38	14d	1	0.59mi
202 Carsons Ct Pocomoke City, MD	3.0	2.0	1472	$1,695	$1.15	14d	1	0.64mi
2005 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1373	$1,895	$1.38	14d	1	1.35mi
2007 S Old Mill Dr Pocomoke City, MD	3.0	2.0	1302	$1,895	$1.46	14d	1	1.36mi

Listing history 21 events

1. 2026-06-18
   days on market $75,000 Active 614 DOM
2. 2026-06-17
   days on market $75,000 Active 613 DOM
3. 2026-06-16
   days on market $75,000 Active 612 DOM
4. 2026-06-15
   days on market $75,000 Active 611 DOM
5. 2026-06-14
   days on market $75,000 Active 609 DOM
6. 2026-06-13
   days on market $75,000 Active 608 DOM
7. 2026-06-10
   days on market $75,000 Active 606 DOM
8. 2026-06-09
   days on market $75,000 Active 605 DOM
9. 2026-06-08
   days on market $75,000 Active 604 DOM
10. 2026-06-07
    days on market $75,000 Active 603 DOM
11. 2026-06-02
    days on market $75,000 Active 598 DOM
12. 2026-06-01
    days on market $75,000 Active 597 DOM
13. 2026-05-31
    days on market $75,000 Active 596 DOM
14. 2026-05-30
    days on market $75,000 Active 595 DOM
15. 2026-04-02
    price $75,000 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

16. 2025-07-29
    price $80,000 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

17. 2025-06-11
    price $85,900 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

18. 2025-04-10
    price $89,000 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

19. 2025-02-24
    price $94,000 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

20. 2024-11-09
    price $99,000 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

21. 2024-10-12
    listed $109,000 Active 387-char remark

    Show marketing remark (387 chars)

    Looking for your next investment or a home with great potential? This 2-bedroom, 1-bath gem is waiting for the right buyer to bring it back to life. With a spacious lot, this property offers ample opportunity for customization. Whether you're an investor or someone seeking a project, this home could be the perfect canvas. Don't miss this diamond in the rough! Home is being sold As Is.

ⓘ 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: $713 · $59/mo
• Projected year-2 tax: $765 · $64/mo
• Expected delta: +$52/yr (+$4/mo · 7.3%)

ⓘ 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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°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: $18,690
• − Mortgage interest: −$4,201
• − Property taxes: −$713
• − Insurance: −$375
• − Repairs & maintenance: −$1,495
• − Management: −$1,495
• − Depreciation: −$2,182
• Taxable income: $8,229
• Est. tax owed @ 24.0%: −$1,975
• After-tax cash flow: $6,983/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

-31.2% since first listed

7 events — show timeline

• 2026-04-02 Price Changed $75,000 BRIGHT MLS
• 2025-07-29 Price Changed $80,000 BRIGHT MLS
• 2025-06-11 Price Changed $85,900 BRIGHT MLS
• 2025-04-10 Price Changed $89,000 BRIGHT MLS
• 2025-02-24 Price Changed $94,000 BRIGHT MLS
• 2024-11-09 Price Changed $99,000 BRIGHT MLS
• 2024-10-12 Listed $109,000 BRIGHT MLS

Property tax history

+3.5%/yr

Latest (2025): $713 · +2.9% YoY. Source: county tax records.