Real Estate Investing in Sunderland, Maryland (20689)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 20689 (Sunderland, 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.
- High price-to-rent: Price-to-rent ratio 30.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sunderland, MD (20689)?
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Market Analysis: 20689 Sunderland
ZIP 20689 in Sunderland, MD carries a significant set of headwinds. Home values near $592K and rents of $1,611/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 20689 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 20689 among MD's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 20689 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 20689 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 Sunderland:
Market Trends
Home Value History (with trend line)
📊 How Does 20689 Compare?
| Metric | 20689 | Sunderland | Maryland |
|---|---|---|---|
| Home Value | $592,402 | $592,402 | $424,997 |
| 5-Year CAGR | 2.9% | 2.9% | 4.9% |
| Avg Rent | $1,611 | $1,611 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 20689 (Sunderland, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $592,402 |
| Monthly Rent | $1,611 |
| Price-to-Rent | 30.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (2.1%). 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 20689
Population: 2,046
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 20689
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Windy Hill Elementary
Beach Elementary
Mount Harmony Elementary
Windy Hill Middle
Northern Middle
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
Is Sunderland, MD landlord-friendly?
MD law landlord-friendly for landlords, and Sunderland inherits those rules. Investors should still review local ordinances for rental licensing.
What type of investing works in Sunderland, MD?
Investors usually favor careful cash-flow rentals with hands-on management in Sunderland, MD. With home values at $592K and rents near $1,611/mo, other strategies can work but produce reliable rather than outsized returns.
Where do home prices stand in Sunderland, MD?
Sunderland, MD median home values land near $592K. That is reasonable territory for investors looking at $1,611/mo-per-month rentals.
Is Sunderland in MD worth investing in?
Our data puts Sunderland, MD at 3.0/5 for investability. Home prices of $592K and rents around $1,611/mo create a solid backdrop for investor activity.
Does a duplex house hack pencil in Sunderland, MD?
For house hackers, Sunderland, MD is a challenging. The $1,611/mo rent on a unit helps defray the mortgage on a $592K property.
You know 20689 now. You don’t know where it ranks.
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How 20689 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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