Real Estate Investing in Parkton, Maryland (21120)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21120 (Parkton, 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 28.2 — 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 Parkton, MD (21120)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 21120 Parkton
Investors eyeing 21120 need to respect the fundamentals at play. Home values of $658K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 21120 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
On balance, 21120 offers a low basis, the region around Parkton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 21120 includes headwinds that any investor should price in. Income distribution skews lower than Parkton averages, and tenant stability requires active management.
New investors are better served looking at Parkton's stable or hybrid ZIPs before stepping into 21120. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Parkton:
Property Strategy for 21120
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $535,388 | $2,790 | 3.8% | +6.3% | $178,463 |
| 4BR | $698,209 | $3,110 | 3.2% | +6.2% | $174,552 |
| 5BR | $830,587 | — | — | +6.8% | $166,117 |
Market Trends
Home Value History (with trend line)
📊 How Does 21120 Compare?
| Metric | 21120 | Parkton | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $658,097 | $658,097 | N/A | $424,997 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 4.9% |
| Avg Rent | $1,944 | $1,944 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 21120 (Parkton, MD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 21120 (Parkton, MD)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Baltimore 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
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
Tidewater Property Management, Inc. is a family-owned company in the Mid-Atlantic providing full-service HOA, condo, and rental property management for single-family and multifamily properties. 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 | $658,097 |
| Monthly Rent | $1,944 |
| Price-to-Rent | 28.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 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 (2.3%). 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 21120
Population: 7,286
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 21120
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
Frequently Asked Questions
What price range are homes in Parkton, MD?
Typical homes in Parkton, MD go for around $658K. The 5-year CAGR of 0.0% measured price movement.
What monthly rent should investors expect in Parkton, MD?
Expect rents around $1,944/mo per month in Parkton, MD. With home values at $658K, the yield math works out to reasonable levels for rental investors.
What is the tenant pool like in Parkton, MD?
Tenant quality in Parkton, MD ranks as solid. Landlords generally report stable occupancy at market rents of $1,944/mo.
What strategy should investors use in Parkton, MD?
Parkton, MD investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($658K prices, $1,944/mo rents) make it a reasonable choice.
How do landlord-tenant laws work in Parkton, MD?
Rental owners in Parkton, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 21120 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21120 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 21120 ranks in Baltimore-Columbia-Towson, MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 21120 (Parkton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 21120 (Parkton, MD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.