6704 Hastings Dr · Peppermill Village, MD 20743

$290,000

4 bd · 1.5 ba · 1,084 sqft · SingleFamily public records · 8 Days on market

Built 1960 6,460 sqft lot $268/sqft · 28% below area Est $401k · 28% 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 +15.1/30.0
• ARV discount +15.0/15.0
• DSCR +4.6/10.0
• 1% rule +4.5/10.0
• Rent growth +4.0/5.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A QUIET FAMILY ORIENTED SUBDIVISION. CLOSE TO 2 METROS & METROBUS NEAR CAP CENTER, ANDREWS AFB, ANNAPOLIS, CIVIC ASSN POOL, NEW STADIUM. SOME NEW APPLIANCES. BATHROOM REMODELED BEING SOLD AS IS BUT IN REASONABLE CONDITION NEEDS NEW KITCHEN AND FLOORING BASEMENT. INSPECTION FOR INFORMATIONAL PURPOSES ONLY BRING STRONG FINANCING. CONTRACT PENDING

Key facts

• 6,460 sq ft lot
• Built 1960
• Listed 8 days

Property features AI

Finance

• Other: Fee simple ownership; Property assessed as average condition; Total below-grade area reported; Improvement and land assessment values on file

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Instant hot water
• Home design: Detached single-family home; Above-grade finished area per assessor
• Construction: Frame construction; Brick/mortar foundation; Above-grade and below-grade structures
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the main level; One bedroom on the lower level
• Bathrooms: Two full bathrooms total (one on main level, one on lower level)
• Heating & cooling: Hot water heating; Electric heating fuel; Cooling: Other
• Interior features: Basement with sump pump and space for finished rooms; Partial finished areas below grade (per assessor)

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $96 ($1k/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 $275k (5.3% below list).
• Recommended offer: $275k (5.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#142 in MD) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A; Watch: health & safety C-, 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; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% 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 $2k of loan paydown is wiped out by about $9k 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 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 21y 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 $221k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 22% 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 $274,502 (5.3% below list)

Questions for the listing agent

1. Built in 1960 — 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. 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.
4. 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.
5. 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: 0.95% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.42%
• DSCR: 1.06
• GRM: 8.8

CMA / ARV

• ARV (median comp): $401,150
• List price: $290,000
• Delta: -27.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
120 W Mill Ave	0.12mi	4/2.0	1,134 (+5%)	1mo	$400,000	$353	84
6708 Calmos St	0.07mi	5/2.0 (+1)	1,040 (-4%)	10mo	$390,000	$375	75
114 69th St	0.61mi	4/2.0	1,064 (-2%)	1mo	$400,000	$376	66
405 Birchleaf Ave	0.47mi	3/1.5 (-1)	1,040 (-4%)	2mo	$320,000	$308	65
6908 Drylog St	0.48mi	3/1.5 (-1)	1,020 (-6%)	5mo	$298,598	$293	58
209 Addison Rd S	0.62mi	4/2.0	996 (-8%)	2mo	$380,000	$382	54
6615 Valley Park Rd	0.42mi	3/2.0 (-1)	960 (-11%)	2mo	$250,000	$260	53
404 Zelma Ave	0.73mi	4/1.0	1,125 (+4%)	7mo	$335,000	$298	52
403 Birchleaf Ave	0.46mi	3/1.0 (-1)	990 (-9%)	8mo	$325,000	$328	51
410 70th St	0.75mi	4/3.0	1,215 (+12%)	1mo	$345,500	$284	38
6713 Esslog St	0.53mi	5/2.0 (+1)	925 (-15%)	7mo	$374,900	$405	38
505 71st St	0.73mi	5/3.0 (+1)	975 (-10%)	5mo	$380,000	$390	34

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: -10.7%
• Equity multiple: 0.60×
• Total profit: $-32,563
• Equity at exit: $43,240

10-year hold

• IRR: 2.4%
• Equity multiple: 1.19×
• Total profit: $15,739
• Equity at exit: $25,074

Cash invested: $81,200 (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 20743

• Rents YoY: 5.9%
• Active inventory: 217
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,745 high
• Mortgage (P&I): −$1,521
• Tax from tax record: −$431 /mo · $5,173/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$576
• Net cashflow: $96

Break-even live

Break-even rent $2,624

Max offer price $290,000

Occupancy floor 92%

Sensitivity live

Price	-10% $260	-5% $178	+0% $96	+5% $14	+10% $-68
Rent	-10% $-121	-5% $-13	+0% $96	+5% $204	+10% $313
Rate	-1.0pp $242	-0.5pp $170	base $96	+0.5pp $21	+1.0pp $-56

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: $72,500
• Closing costs: $8,700
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6812 Pepper St Capitol Heights, MD	4.0	2.0	1095	$2,750	$2.51	44d	1	0.17mi
7425 Drumlea Rd Capitol Heights, MD	4.0	3.5	1394	$2,500	$1.79	44d	1	0.68mi
505 69th St Capitol Heights, MD	3.0	2.0	1000	$2,500	$2.50	18d	1	0.87mi
7290 Mahogany Dr Hyattsville, MD	3.0	2.5	1300	$2,400	$1.85	5d	1	0.89mi
6706 Central Hills Ter Hyattsville, MD	3.0	2.5	1212	$2,500	$2.06	44d	1	0.91mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,400	$2.08	44d	1	0.97mi
1105 Carrington Ave Capitol Heights, MD	3.0	1.5	1152	$2,395	$2.08	2d	1	0.97mi
7626 Green Willow Ct Hyattsville, MD	4.0	3.0	1220	$2,850	$2.34	19d	1	1.01mi
903 Glen Willow Dr Capitol Heights, MD	2.0–3.0	1.0	885	$2,115	$2.39	2d	4	1.06mi
6340 Southern Ave NE Washington, DC	4.0	2.0	1248	$4,200	$3.37	24d	1	1.13mi
416 Topeka Ave Unit A Capitol Heights, MD	3.0	2.0	1170	$2,800	$2.39	44d	1	1.19mi
8100 Gibbs Way Hyattsville, MD	1.0–3.0	1.0–2.5	1082	$2,825	$2.61	2d	58	1.23mi
323 62nd St NE Washington, DC	1.0–3.0	1.0–2.0	908	$2,435	$2.68	24d	1	1.25mi
916 Portia Ct Hyattsville, MD	3.0	2.5	1029	$2,800	$2.72	44d	1	1.30mi
17 Quire Ave Capitol Heights, MD	5.0	2.0	1300	$2,850	$2.19	44d	1	1.30mi
6936 Walker Mill Rd Capitol Heights, MD	1.0–3.0	1.0–1.5	806	$1,700	$2.11	13d	11	1.32mi
818 Balsamtree Pl Capitol Heights, MD	4.0	1.5	1102	$2,275	$2.06	5d	1	1.34mi
6565 Ronald Rd Capitol Heights, MD	3.0	3.5	1350	$2,650	$1.96	44d	1	1.34mi
324 61st St NE Unit 4 Washington, DC	3.0	1.5	850	$2,800	$3.29	24d	1	1.36mi
324 61st St NE Unit 7 Washington, DC	5.0	2.0	1250	$7,000	$5.60	24d	1	1.36mi
6957 Walker Mill Rd Capitol Heights, MD	3.0	2.5	1320	$2,650	$2.01	44d	1	1.42mi
22 Chamber Ave Capitol Heights, MD	3.0	1.0	942	$3,000	$3.18	44d	1	1.44mi
8251 Ridgefield Blvd Landover, MD	2.0–4.0	1.5–2.5	1182	$3,221	$2.73	1d	54	1.44mi
7017 Migliori Ct District Heights, MD	3.0	2.5	1320	$2,650	$2.01	5d	1	1.49mi

Listing history 9 events

1. 2026-06-03
   status $290,000 Pending 8 DOM
2. 2026-05-14
   listed $290,000 Active 606-char remark
3. 2026-05-12
   historical $290,000 606-char remark
4. 2005-09-20
   soldstatus $221,000
5. 2005-09-20
   soldstatus $221,000
6. 2005-07-13
   soldstatus $221,000 351-char remark

   Show marketing remark (351 chars)

   A QUIET FAMILY ORIENTED SUBDIVISION. CLOSE TO 2 METROS & METROBUS NEAR CAP CENTER, ANDREWS AFB, ANNAPOLIS, CIVIC ASSN POOL, NEW STADIUM. SOME NEW APPLIANCES. BATHROOM REMODELED BEING SOLD AS IS BUT IN REASONABLE CONDITION NEEDS NEW KITCHEN AND FLOORING BASEMENT. INSPECTION FOR INFORMATIONAL PURPOSES ONLY BRING STRONG FINANCING. CONTRACT PENDING

7. 2005-06-15
   historical 351-char remark

   Show marketing remark (351 chars)

   A QUIET FAMILY ORIENTED SUBDIVISION. CLOSE TO 2 METROS & METROBUS NEAR CAP CENTER, ANDREWS AFB, ANNAPOLIS, CIVIC ASSN POOL, NEW STADIUM. SOME NEW APPLIANCES. BATHROOM REMODELED BEING SOLD AS IS BUT IN REASONABLE CONDITION NEEDS NEW KITCHEN AND FLOORING BASEMENT. INSPECTION FOR INFORMATIONAL PURPOSES ONLY BRING STRONG FINANCING. CONTRACT PENDING

8. 2005-05-22
   listed $225,000 351-char remark

   Show marketing remark (351 chars)

   A QUIET FAMILY ORIENTED SUBDIVISION. CLOSE TO 2 METROS & METROBUS NEAR CAP CENTER, ANDREWS AFB, ANNAPOLIS, CIVIC ASSN POOL, NEW STADIUM. SOME NEW APPLIANCES. BATHROOM REMODELED BEING SOLD AS IS BUT IN REASONABLE CONDITION NEEDS NEW KITCHEN AND FLOORING BASEMENT. INSPECTION FOR INFORMATIONAL PURPOSES ONLY BRING STRONG FINANCING. CONTRACT PENDING

9. 1967-01-05
   soldstatus $19,500

ⓘ 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: $5,173 · $431/mo
• Projected year-2 tax: $5,173 · $431/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 ≥102°F today · 16 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: $32,940
• − Mortgage interest: −$16,245
• − Property taxes: −$5,173
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,635
• − Management: −$2,635
• − Depreciation: −$8,436
• Taxable loss: −$3,634
• Est. tax savings @ 24.0%: +$872
• After-tax cash flow: $2,022/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 — Peppermill Village

• Score: 72/100
• State rank: #142
• US rank: #6113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Peppermill Village, MD
• 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

+1387.2% since first listed

12 events — show timeline

• 2026-06-03 Pending — BRIGHT MLS
• 2026-05-21 Contingent — BRIGHT MLS
• 2026-05-19 Relisted — BRIGHT MLS
• 2026-05-19 Listing Removed — BRIGHT MLS
• 2026-05-14 Listed $290,000 BRIGHT MLS
• 2026-05-12 Coming Soon $290,000 BRIGHT MLS
• 2005-09-20 Sold (Public Records) $221,000 Public Records
• 2005-09-20 Sold (Public Records) $221,000 Public Records
• 2005-07-13 Sold (MLS) $221,000 MRIS
• 2005-06-15 Delisted — MRIS
• 2005-05-22 Listed $225,000 MRIS
• 1967-01-05 Sold (Public Records) $19,500 Public Records

Property tax history

+7.0%/yr

Latest (2025): $5,173 · +5.9% YoY. Source: county tax records.