Real Estate Investing in Avenue, Maryland (20609)
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Should you buy in 20609 (Avenue, MD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.0% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Avenue, MD (20609)?
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Market Analysis: 20609 Avenue
Investors eyeing 20609 need to respect the fundamentals at play. Home values of $435K come alongside slower price movement and elevated management overhead.
For an experienced owner, 20609 can be a a viable market for hunting ground — but the discount at $435K reflects genuine risk that outside investors often underestimate.
Put differently, 20609 offers a low basis, the region around Avenue has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 20609 ZIP's population of 976 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at Avenue's stable or hybrid ZIPs before stepping into 20609. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Avenue:
Market Trends
Home Value History (with trend line)
📊 How Does 20609 Compare?
| Metric | 20609 | Avenue | California-Lexington Park, MD | Maryland |
|---|---|---|---|---|
| Home Value | $435,461 | $435,461 | N/A | $424,997 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 4.9% |
| Avg Rent | $1,647 | $1,647 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20609 (Avenue, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $435,461 |
| Monthly Rent | $1,647 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 20609
Population: 976
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
Frequently Asked Questions
What is the typical rental rate in Avenue, MD?
The typical rental in Avenue, MD commands about $1,647/mo monthly. That rent profile reliable cash flow against the $435K purchase basis.
What investment strategy works best in Avenue, MD?
In Avenue, MD the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $435K prices and $1,647/mo rents suits that approach.
Does Avenue, MD make sense for an investment property?
With a 3.0/5 investability score, Avenue, MD ranks as a solid market for rental property investors. Median prices of $435K and rents of $1,647/mo drive the underlying numbers.
Is Avenue, MD a good market for FHA house hackers?
Avenue, MD is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $435K price point reasonable to enter.
Does Avenue, MD favor landlords or tenants?
Rental owners in Avenue, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 20609 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 20609 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 20609 ranks in California-Lexington Park, MD
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