Real Estate Investing in Saint Leonard, Maryland (20685)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 20685 (Saint Leonard, 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.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
What’s happening in Saint Leonard, MD (20685)?
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Market Analysis: 20685 Saint Leonard
ZIP 20685 inside Calvert County looks affordable on the surface — median value of $463K — but the discount exists for reasons that a careful buyer should understand before committing.
From an investor standpoint, the numbers look inviting — $463K purchase price, 0.0% nominal cap — the work to hit that pro forma in 20685 is substantial and deserves full respect.
ZIP 20685's metrics run below Calvert County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 20685 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Saint Leonard:
Property Strategy for 20685
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $395,541 | $2,390 | 4.4% | +6.1% | $131,847 |
| 4BR | $524,970 | $2,810 | 3.9% | +5.8% | $131,243 |
| 5BR | $608,950 | — | — | +6.2% | $121,790 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 20685 Compare?
| Metric | 20685 | Saint Leonard | Maryland |
|---|---|---|---|
| Home Value | $462,927 | $480,405 | $424,997 |
| 5-Year CAGR | 3.5% | 3.5% | 4.9% |
| Avg Rent | $2,300 | $1,987 | - |
| Cap Rate | 3.9% | 3.3% | - |
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 20685 (Saint Leonard, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $462,927 |
| Monthly Rent | $2,300 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 (3.9%). 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 20685
Population: 6,481
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 20685
Schools in This ZIP Code
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 Saint Leonard, MD stack up for property investment?
Saint Leonard, MD reflects an investability rating of 3.0/5, with median home values near $463K and average rents around $2,300/mo. That combination puts it in the significant tier for investor interest.
What strategy should investors use in Saint Leonard, MD?
A careful cash-flow rentals with hands-on management strategy Saint Leonard, MD best. The market produces even-keeled results for that approach at the $463K price point.
Are rents high in Saint Leonard, MD?
Saint Leonard, MD rentals go for roughly $2,300/mo a month. That puts gross yield in solid territory relative to $463K acquisition costs.
Can owner-occupants cash flow in Saint Leonard, MD?
Saint Leonard, MD is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $463K price point reasonable to enter.
What are home prices like in Saint Leonard, MD?
Median home price in Saint Leonard, MD is near $463K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
You know 20685 now. You don’t know where it ranks.
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