3621 Clifmar Rd · Milford Mill, MD 21244

$290,000

5 bd · 2.0 ba · 2,649 sqft · SingleFamily public records · 13 Days on market

Built 1939 9,815 sqft lot Est $456k · 36% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +6.1/10.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Property being SOLD AS-IS, Imagine a home with income potential: this home offers 4BR/2BA plus a 1BR/1BA in-law suite and sits on a sprawling lot in the quiet neighborhood of Georges Park. Pull into your private driveway, make your way up the stone walkway to the covered front entrance and step into a home filled with original character, beginning with the stone facade, hardwood floors, arched entryways, and high ceilings. The main living space features a large living room with a stunning wood burning fireplace, a formal dining room, and a kitchen that offers plenty of wood cabinets and countertops. Just off the living room is an attached sunroom with three walls of windows ideal as a famil

Key facts

• 9,815 sq ft lot
• Built 1939
• Listed 13 days

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $505 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $290k).
• Cap rate 8.4% vs local median 5.2% in Milford Mill — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#99 in MD, #3,838 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment B; Watch: crime F, amenities F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.9%/yr); 74 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• At $3,213/mo this rent would consume 45% of the median local household income ($85k/yr) (locally 1434% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 28y ago; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $144k; list at $290k implies a 102% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $290,000

Questions for the listing agent

1. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.38%
• Cash-on-cash: 7.47%
• DSCR: 1.33
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $455,628
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4761 Byron Rd	0.54mi	4/3.5 (-1)	2,744 (+4%)	4mo	$472,000	$172	54
8422 Merryview Dr	0.29mi	5/3.5	3,008 (+14%)	6mo	$515,000	$171	52
3514 Courtleigh Dr	0.27mi	5/2.5	2,336 (-12%)	17mo	$465,000	$199	52
8504 Church Ln	0.33mi	4/2.0 (-1)	2,494 (-6%)	24mo	$360,000	$144	50
8002 Parks Ln	0.65mi	4/3.0 (-1)	2,696 (+2%)	15mo	$499,999	$185	45
8107 Carlson Ln	0.73mi	4/3.5 (-1)	2,652 (+0%)	14mo	$381,000	$144	43
8532 Stevenswood Rd	0.51mi	4/3.0 (-1)	2,336 (-12%)	12mo	$399,999	$171	38
3308 Janvale Rd	0.52mi	4/3.0 (-1)	2,848 (+8%)	21mo	$422,000	$148	36
4818 Oakland Park Rd	0.71mi	4/3.5 (-1)	2,953 (+12%)	3mo	$600,000	$203	34
3302 Lauri Rd	0.58mi	4/3.0 (-1)	2,336 (-12%)	20mo	$435,000	$186	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.86% rent growth · sell at horizon

5-year hold

• IRR: -3.9%
• Equity multiple: 0.85×
• Total profit: $-11,945
• Equity at exit: $43,240

10-year hold

• IRR: 6.8%
• Equity multiple: 1.53×
• Total profit: $43,010
• Equity at exit: $25,074

Cash invested: $81,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21244

• Home prices YoY: -30.2%
• Rents YoY: 3.9%
• Active inventory: 74
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $3,213 medium
• Mortgage (P&I): −$1,521
• Tax from tax record: −$391 /mo · $4,697/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$675
• Net cashflow: $505

Break-even live

Break-even rent $2,573

Max offer price $290,000

Occupancy floor 79%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $72,500
• Closing costs: $8,700
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3616 Clifmar Rd Windsor Mill, MD	4.0	2.5	2049	$3,000	$1.46	43d	1	0.04mi
3630 Hilmar Rd Windsor Mill, MD	4.0	2.5	3340	$3,799	$1.14	21d	1	0.07mi
8503 Stevenswood Rd Windsor Mill, MD	4.0	3.0	1880	$3,700	$1.97	43d	1	0.40mi
3220 N Rolling Rd Windsor Mill, MD	4.0	3.0	2052	$4,000	$1.95	43d	1	0.99mi

Listing history 19 events

1. 2026-03-27
   status Pending
2. 2026-03-24
   price $290,000
3. 2026-03-16
   status Active
4. 2026-03-15
   historical
5. 2026-03-13
   listed $315,000 Active
6. 2026-03-10
   historical $315,000
7. 2019-09-19
   historical
8. 2019-08-12
   price $240,000
9. 2019-07-05
   listed $250,000 Active
10. 2007-09-01
    historical
11. 2007-06-14
    listed
12. 2003-01-13
    soldstatus $143,500
13. 2002-10-31
    soldstatus $143,500
14. 2002-09-07
    historical
15. 2002-09-05
    listed $139,900
16. 1998-04-03
    soldstatus $122,000
17. 1998-03-31
    soldstatus $122,000
18. 1998-02-16
    historical
19. 1998-01-14
    listed $125,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $4,697 · $391/mo
• Projected year-2 tax: $4,697 · $391/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,555
• − Mortgage interest: −$16,245
• − Property taxes: −$4,697
• − Insurance: −$1,450
• − Repairs & maintenance: −$3,084
• − Management: −$3,084
• − Depreciation: −$8,436
• Taxable income: $1,559
• Est. tax owed @ 24.0%: −$374
• After-tax cash flow: $5,688/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Milford Mill

• Score: 75/100
• State rank: #99
• US rank: #3838

Category grades

Amenities F Commute A+ Cost of living B- Crime F Employment B Housing A+ Health & safety C User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Milford Mill, MD
• County: Baltimore County · 769,527 people
• City population: 39,545
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 38,208
• Household income: $85,114
• Rent vs Own: 51.0% rent · 49.0% own
• Severe rent burden: 1434.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (70%)
• Race & ethnicity: Black 70% Hispanic / Latino 12% White 9% Asian 7% Two or more races 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 1%
• Foreign-born: 17% · Canada
• Languages at home: 78% English-only · Spanish 9% Other Indo-European 5% French/Haitian/Cajun 2%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.97%
• Current HPI: 258.8502
• Rent YoY: ▲ 3.86%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+132.0% since first listed

19 events — show timeline

• 2026-03-27 Pending — BRIGHT MLS
• 2026-03-24 Price Changed $290,000 BRIGHT MLS
• 2026-03-16 Relisted — BRIGHT MLS
• 2026-03-15 Listing Removed — BRIGHT MLS
• 2026-03-13 Listed $315,000 BRIGHT MLS
• 2026-03-10 Coming Soon $315,000 BRIGHT MLS
• 2019-09-19 Listing Removed — BRIGHT MLS
• 2019-08-12 Price Changed $240,000 BRIGHT MLS
• 2019-07-05 Listed $250,000 BRIGHT MLS
• 2007-09-01 Delisted — MRIS
• 2007-06-14 Listed — MRIS
• 2003-01-13 Sold (Public Records) $143,500 Public Records
• 2002-10-31 Sold (MLS) $143,500 MRIS
• 2002-09-07 Delisted — MRIS
• 2002-09-05 Listed $139,900 MRIS
• 1998-04-03 Sold (Public Records) $122,000 Public Records
• 1998-03-31 Sold (MLS) $122,000 MRIS
• 1998-02-16 Delisted — MRIS
• 1998-01-14 Listed $125,000 MRIS

Property tax history

+0.3%/yr

Latest (2025): $4,697 · +3.2% YoY. Source: county tax records.