Real Estate Investing in Clements, Maryland (20624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 20624 (Clements, MD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Clements, MD (20624)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 20624 Clements
ZIP 20624 in Clements, MD carries a robust set of headwinds. Home values near $493K and rents of $1,647/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $493K asset, 20624 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 20624 and stronger Clements ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 20624 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 20624 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Clements:
Market Trends
Home Value History (with trend line)
📊 How Does 20624 Compare?
| Metric | 20624 | Clements | California-Lexington Park, MD | Maryland |
|---|---|---|---|---|
| Home Value | $492,509 | $492,509 | N/A | $424,997 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 4.9% |
| Avg Rent | $1,647 | $1,647 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20624 (Clements, MD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 20624 (Clements, MD)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $492,509 |
| Monthly Rent | $1,647 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (2.6%). 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 20624
Population: 1,157
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
🎓 Schools in 20624
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Chopticon High
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How does Clements, MD stack up for property investment?
Yes - Clements, MD a 3.0/5 investability score. With $493K home prices against $1,647/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does Clements, MD favor landlords or tenants?
Rental owners in Clements, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What are vacancy rates like in Clements, MD?
Vacancy in Clements, MD is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,647/mo.
Is house hacking profitable in Clements, MD?
House hacking in Clements, MD is reasonable to execute. Prices around $493K and rents of $1,647/mo solid owner-occupant economics.
What are rental rates like in Clements, MD?
Average rent in Clements, MD is approximately $1,647/mo per month. Against $493K home values that yields a reasonable rent-to-price ratio.
You know 20624 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 20624 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 20624 ranks in California-Lexington Park, MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 20624 (Clements)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 20624 (Clements, MD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.