Real Estate Investing in Harwood, Maryland (20776)
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Should you buy in 20776 (Harwood, MD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High price-to-rent: Price-to-rent ratio 33.6 — 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 Harwood, MD (20776)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 20776 Harwood
This part of Anne Arundel County is not an easy win. The 20776 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 20776 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Harwood have seen price recovery that 20776 has not matched. Anne Arundel County data supports the view that the spread is structural rather than temporary.
Demographically, 20776 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.
New investors are better served looking at Harwood's stable or hybrid ZIPs before stepping into 20776. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Harwood:
Market Trends
Home Value History (with trend line)
📊 How Does 20776 Compare?
| Metric | 20776 | Harwood | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $775,344 | $775,344 | N/A | $424,997 |
| 5-Year CAGR | 3.1% | 3.1% | N/A | 4.9% |
| Avg Rent | $1,926 | $1,926 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20776 (Harwood, MD). Anonymous, moderated, never written by AI.
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Property managers serving Anne Arundel County
Manage rentals here? List your business →American Community Management provides community association management and HOA services across Maryland, Virginia, and D.C. summary from their website
Annapolis Property Services offers property management for homes, apartments, and house rentals, including marketing, tenant screening, rent guarantee, and maintenance. summary from their website
J&L Property Management offers back-office support for association needs, including self-managed, on-site, and portfolio-managed communities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $775,344 |
| Monthly Rent | $1,926 |
| Price-to-Rent | 33.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 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 (1.9%). 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 20776
Population: 3,354
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 20776
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 30,922 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Harwood, MD stack up for property investment?
Harwood, MD clocks in at an investability rating of 2.0/5, with median home values near $775K and average rents around $1,926/mo. That combination puts it in the resilient tier for investor interest.
What do landlords charge for rent in Harwood, MD?
Rent in Harwood, MD is around $1,926/mo. The resulting rent-to-value relationship with $775K pricing is reasonable for most investor models.
What is the typical home price in Harwood, MD?
Homes in Harwood, MD typically sell near $775K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What investment strategy works best in Harwood, MD?
Most investors in Harwood, MD run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Is vacancy a concern in Harwood, MD?
Expect elevated vacancy in Harwood, MD. Rents at $1,926/mo are absorbed by the tenant base without meaningful lag.
You know 20776 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 20776 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 20776 ranks in Baltimore-Columbia-Towson, MD
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