Real Estate Investing in Dickerson, Maryland (20839)
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Should you buy in 20839 (Dickerson, MD)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
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 34.0 — hard to cash-flow at these prices.
• 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 Dickerson, MD (20839)?
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Market Analysis: 20839 Dickerson
The 20839 ZIP covers a section of Dickerson that demands careful diligence. Prices near $672K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $672K asset, 20839 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 20839 and stronger Dickerson ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 20839 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.
The 20839 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Dickerson:
Market Trends
Home Value History (with trend line)
📊 How Does 20839 Compare?
| Metric | 20839 | Dickerson | Maryland |
|---|---|---|---|
| Home Value | $672,140 | $672,140 | $424,997 |
| 5-Year CAGR | N/A | N/A | 4.9% |
| Avg Rent | $1,647 | $1,647 | - |
| 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 20839 (Dickerson, MD). Anonymous, moderated, never written by AI.
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Property managers serving Montgomery 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
Iko Community Management provides HOA and community association management services in Columbia, MD and Suburban Maryland. summary from their website
Melan Property Management delivers proactive property management solutions for multifamily and commercial real estate across Maryland, Washington D.C., and Miami. 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 | $672,140 |
| Monthly Rent | $1,647 |
| Price-to-Rent | 34.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | N/A |
| 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 (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 20839
Population: 116
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 20839
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Monocacy Elementary
About Repit School Scores
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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 3,271 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What approach is best for Dickerson, MD real estate?
For Dickerson, MD, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How deep is the rental pool in Dickerson, MD?
Working renters make up the core of the Dickerson, MD tenant base. The pool is reasonable for investors targeting long-term holds.
How tight is the rental market in Dickerson, MD?
Dickerson, MD sees elevated vacancy, which is reasonable relative to the broader MD rental market.
Are homes affordable in Dickerson, MD?
Expect median prices around $672K in Dickerson, MD. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Where do rents currently stand in Dickerson, MD?
Expect rents around $1,647/mo per month in Dickerson, MD. With home values at $672K, the yield math works out to reasonable levels for rental investors.
You know 20839 now. You don’t know where it ranks.
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How 20839 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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