2504 Panther Ln · Bowie, MD 20716

$394,900

4 bd · 2.5 ba · 2,420 sqft · SingleFamily public records · 42 Days on market

Built 1973 0.32 ac lot $163/sqft · 21% below area Est $499k · 21% under ↓ 13% since listing

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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 +17.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.5/10.0
• 1% rule +4.8/10.0
• Rent growth +3.7/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

* * * * * * * * * * NOT A RENTAL. FOR SALE ONLY * * * * * * * * * * Opportunity awaits in Bowie’s popular Pointer Ridge neighborhood! This contemporary-style single-family home sits on a large lot, backs to wooded privacy, and offers tremendous potential for customization and value. Inside, you’ll find a sought-after main-level bedroom, sun-filled living spaces, a generous kitchen table space, and a welcoming family room with a fireplace leading to the rear patio. Enjoy the convenience of nearby shopping, restaurants, and everyday amenities, all while tucked into an established community setting. With great bones, natural light, and a prime location, this home

Key facts

• Main-level bedroom
• Wooded privacy
• Large lot

Tags

• LARGE LOT
• WOODED PRIVACY
• MAIN-LEVEL BEDROOM
• SUN-FILLED LIVING SPACES
• GENEROUS KITCHEN TABLE SPACE
• WELCOMING FAMILY ROOM

Property features AI

Finance

• Other: Fee simple ownership; Not in a federal flood zone; Property condition listed as below average

Exterior

• Parking: Attached garage with front entry; Additional storage area in garage; Off-street parking (total of 2 garage/parking spaces)
• Utilities: Public water; Public sewer; Cable TV available; Municipal trash not provided
• Home design: Detached structure; Above-grade finished living area recorded by assessor
• Construction: Frame construction; Block foundation; Fiberglass roof; Double-pane windows; Building winterized
• Exterior features: Patio(s) and porch(es); Backs to trees

Interior

• Kitchen: Kitchen (appliances not listed)
• Bedrooms: One bedroom on the main level; Three bedrooms on the upper level
• Flooring: Carpet; Engineered wood; Laminate
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Forced air heating (natural gas); Electric cooling
• Interior features: French and sliding glass doors; Living room, dining room, family room, den, breakfast room, study, attic, workshop
• Laundry & utility: Laundry room; Hot water provided by natural gas

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $395k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/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 $387k (1.9% below list).
• Recommended offer: $383k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 4.0% 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.
• Zoned schools: Bowie High (math 31% / reading 73%, grade D+, #100 of 222 statewide, top 47%, 2,460 students, 48% FRL).
• Zoned-school proficiency averages 52% at this address vs 16% district-wide (+36 pts) — the actual schools serving this property are materially stronger than the Prince George'S County Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+4.6%/yr); 172 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 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 ($125k/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 $3k of loan paydown is wiped out by about $12k 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

• It's been on market 42 days — a 3% lower offer ($383k) is reasonable based on typical stale-listing flexibility.

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 $383,053 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1973 — 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. 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: 0.98% ✗
• Cap rate: 7.25%
• Cash-on-cash: 3.41%
• DSCR: 1.15
• GRM: 8.5

CMA / ARV

• ARV (median comp): $498,754
• List price: $394,900
• Delta: -20.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15215 Noblewood Ln	0.32mi	4/3.0	2,254 (-7%)	9mo	$535,000	$237	64
16110 Amethyst Ln	0.68mi	5/3.5 (+1)	2,464 (+2%)	11mo	$645,000	$262	47
1901 Page Ct	0.73mi	5/3.0 (+1)	2,450 (+1%)	12mo	$566,000	$231	47
16012 Alderwood Ln	0.71mi	4/2.5	2,115 (-13%)	16mo	$490,000	$232	33

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 · 4.61% rent growth · sell at horizon

5-year hold

• IRR: -9.1%
• Equity multiple: 0.66×
• Total profit: $-37,514
• Equity at exit: $58,881

10-year hold

• IRR: 2.4%
• Equity multiple: 1.18×
• Total profit: $20,440
• Equity at exit: $34,144

Cash invested: $110,572 (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 20716

• Rents YoY: 4.6%
• Active inventory: 172
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $3,873 high
• Mortgage (P&I): −$2,071
• Tax from tax record: −$510 /mo · $6,116/yr
• Insurance: −$165
• HOA: −$0
• Vacancy / Maint / Mgmt: −$813
• Net cashflow: $315

Break-even live

Break-even rent $3,475

Max offer price $394,900

Occupancy floor 87%

Sensitivity live

Price	-10% $538	-5% $426	+0% $315	+5% $203	+10% $91
Rent	-10% $9	-5% $162	+0% $315	+5% $468	+10% $621
Rate	-1.0pp $513	-0.5pp $415	base $315	+0.5pp $212	+1.0pp $108

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: $98,725
• Closing costs: $11,847
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15957 Alameda Dr Bowie, MD	4.0	2.5	3024	$3,650	$1.21	19d	1	0.54mi
108 Lawndale Dr Unit 1001 Bowie, MD	3.0	3.0	1606	$3,100	$1.93	23d	1	0.87mi
16103 Eastlawn Ct Bowie, MD	5.0	3.5	2208	$5,000	$2.26	19d	1	1.10mi
1403 Peartree Ln Bowie, MD	4.0	2.5	3225	$5,000	$1.55	14d	1	1.15mi
16428 Fife Way Bowie, MD	5.0	3.5	3318	$4,999	$1.51	12d	1	1.23mi
1550 Adamson Way Bowie, MD	3.0	2.5	1680	$3,700	$2.20	45d	1	1.35mi
1303 Port Echo Ln Bowie, MD	4.0	2.0	2052	$3,295	$1.61	25d	1	1.40mi
1303 Port Echo Ln Bowie, MD	4.0	2.0	2052	$3,495	$1.70	45d	1	1.40mi
944 Hall Station Dr Bowie, MD	3.0	3.5	2304	$3,600	$1.56	45d	1	1.45mi
940 Hall Station Dr Bowie, MD	3.0	3.0	2976	$3,975	$1.34	45d	1	1.46mi

Listing history 16 events

1. 2026-06-21
   days on market $394,900 Active 42 DOM
2. 2026-06-18
   days on market $394,900 Active 39 DOM
3. 2026-06-17
   days on market $394,900 Active 38 DOM
4. 2026-06-16
   days on market $394,900 Active 37 DOM
5. 2026-06-15
   days on market $394,900 Active 36 DOM
6. 2026-06-13
   days on market $394,900 Active 34 DOM
7. 2026-06-10
   days on market $394,900 Active 30 DOM
8. 2026-06-08
   days on market $394,900 Active 29 DOM
9. 2026-06-07
   days on market $394,900 Active 28 DOM
10. 2026-06-04
    days on market $394,900 Active 25 DOM
11. 2026-06-03
    days on market $394,900 Active 24 DOM
12. 2026-06-02
    days on market $394,900 Active 23 DOM
13. 2026-06-01
    days on market $394,900 Active 22 DOM
14. 2026-05-31
    days on market $394,900 Active 21 DOM
15. 2026-05-11
    listed $394,900 Active 726-char remark
16. 2026-03-10
    soldstatus $454,089

ⓘ 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: $6,116 · $510/mo
• Projected year-2 tax: $6,116 · $510/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 ≥102°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 · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $46,476
• − Mortgage interest: −$22,121
• − Property taxes: −$6,116
• − Insurance: −$1,974
• − Repairs & maintenance: −$3,718
• − Management: −$3,718
• − Depreciation: −$11,488
• Taxable loss: −$2,659
• Est. tax savings @ 24.0%: +$638
• After-tax cash flow: $4,413/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): 22,362
• Household income: $125,034
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 913.0

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 (67%)
• Race & ethnicity: Black 67% White 17% Hispanic / Latino 9% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Dominican 2%
• Common ancestry: Swiss 1% Slovak 1% Romanian 1%
• Foreign-born: 17% · Canada
• Languages at home: 81% English-only · Spanish 7% French/Haitian/Cajun 3% Other Indo-European 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: ▼ -302.27%
• Current HPI: 285.1976
• Rent YoY: ▲ 4.61%
• 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

-13.0% since first listed

2 events — show timeline

• 2026-05-11 Listed $394,900 BRIGHT MLS
• 2026-03-10 Sold (Public Records) $454,089 Public Records

Property tax history

+5.3%/yr

Latest (2025): $6,116 · +5.1% YoY. Source: county tax records.