7600 Park Dr · Parkville, MD 21234

$185,000

3 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 1 Days on market

Built 1955 5,000 sqft lot Est $284k · 35% 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 +21.6/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +5.8/10.0
• Rent growth +4.2/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity is knocking at 7600 Park Dr in Parkville! This 3 bedroom, 1 bath Baltimore County property is ready for its next chapter and offers serious upside for an investor, renovator, or owner-occupant willing to roll up their sleeves and build equity. The home needs work, but the potential is undeniable. With nearby renovated homes selling close to $400,000, the spread creates a strong value-add opportunity for the right buyer. Whether you are looking for your next flip, rental, or a home you can improve over time, this one has the bones, location, and upside to make the effort worthwhile. Property is being sold strictly As-Is, Where-Is. Seller will make no repairs. Buyers should consul

Key facts

• 5,000 sq ft lot
• Built 1955

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Detached structure
• Construction: Metal siding; Block foundation; Shingle/composite roof; Built year recorded by assessor
• Exterior features: No tidal water

Interior

• Bedrooms: Two bedrooms on the main level; One bedroom on the upper level
• Bathrooms: One full bathroom on the main level; One full bathroom total
• Heating & cooling: Heating type: Other; Hot water provided by natural gas
• Interior features: Estimated living area; Partially finished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $281 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Cap rate 8.1% vs local median 5.3% in Parkville — 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 77/100 on livability (#77 in MD, #2,839 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools F, crime 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 fast (+6.7%/yr); 225 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.
• At projected returns (-3.0% appreciation + 6.7% rent growth), your $52k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $94k; list at $185k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $185,000

Questions for the listing agent

1. Built in 1955 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
5. 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.
6. 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.
7. 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: 1.08% ✓
• Cap rate: 8.11%
• Cash-on-cash: 6.50%
• DSCR: 1.29
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $283,764
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2532 Hillcrest Ave	0.04mi	3/2.5	1,392 (+8%)	1mo	$320,000	$230	78
2624 Wycliffe Rd	0.17mi	3/2.0	1,213 (-6%)	1mo	$375,000	$309	78
2814 Oakcrest Ave	0.31mi	3/1.5	1,376 (+7%)	1mo	$310,000	$225	71
2513 Glencoe Rd	0.39mi	3/2.0	1,342 (+4%)	7mo	$191,100	$142	65
2818 Linganore Ave	0.33mi	3/2.0	1,183 (-8%)	5mo	$178,000	$150	64
2811 Emerald Rd	0.66mi	3/1.0	1,278 (-0%)	7mo	$289,000	$226	63
2909 Inglewood Ave	0.58mi	3/1.0	1,184 (-8%)	3mo	$259,900	$220	57
8009 Oakleigh Rd	0.64mi	2/1.0 (-1)	1,199 (-7%)	2mo	$200,000	$167	52
3203 Taylor Ave	0.68mi	3/2.0	1,350 (+5%)	4mo	$330,000	$244	52
2600 Chesley Ave	0.61mi	3/2.0	1,458 (+14%)	1mo	$255,000	$175	44
3014 Oakcrest Ave	0.54mi	3/2.0	1,472 (+15%)	5mo	$225,000	$153	42
8405 Harris Ave	0.72mi	3/2.0	1,436 (+12%)	4mo	$318,000	$221	39

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 · 6.68% rent growth · sell at horizon

5-year hold

• IRR: -2.2%
• Equity multiple: 0.92×
• Total profit: $-4,389
• Equity at exit: $27,584

10-year hold

• IRR: 11.2%
• Equity multiple: 2.03×
• Total profit: $53,299
• Equity at exit: $15,995

Cash invested: $51,800 (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 21234

• Rents YoY: 6.7%
• Active inventory: 225
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,996 high
• Mortgage (P&I): −$970
• Tax from tax record: −$249 /mo · $2,987/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $281

Break-even live

Break-even rent $1,641

Max offer price $185,000

Occupancy floor 81%

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2528 Wendover Rd Unit a Parkville, MD	2.0	2.0	1704	$1,950	$1.14	43d	1	0.19mi
7839 Birmingham Ave Parkville, MD	3.0	1.0	1136	$1,775	$1.56	43d	1	0.41mi
3108 Glendale Ave Parkville, MD	3.0	3.0	1224	$2,550	$2.08	23d	1	0.54mi
8204 Old Harford Rd Unit 2 Parkville, MD	2.0	1.0	1146	$1,850	$1.61	43d	1	0.57mi
8206 Old Harford Rd Unit 2 Parkville, MD	2.0	1.0	1146	$1,850	$1.61	43d	1	0.58mi
8206 Old Harford Rd Unit 1 Parkville, MD	2.0	1.0	1146	$1,750	$1.53	43d	1	0.58mi
8309 Arbor Station Way Parkville, MD	1.0–2.0	1.0–1.5	846	$1,815	$2.15	1d	8	0.72mi
3010 Woodring Ave Unit 2 Baltimore, MD	2.0	1.0	900	$1,600	$1.78	43d	1	0.72mi
7906 Bon Air Rd Parkville, MD	3.0	1.0	912	$2,200	$2.41	43d	1	0.75mi
8503 Kings Ridge Rd Parkville, MD	4.0	2.0	1200	$2,100	$1.75	4d	1	0.83mi
1629 Wentworth Ave Parkville, MD	3.0	1.5	1152	$1,895	$1.64	43d	1	0.86mi
6612 Birchwood Ave Baltimore, MD	3.0	2.0	1122	$2,300	$2.05	19d	1	0.87mi
7605 Hillendale Rd Parkville, MD	2.0	1.0	1050	$1,255	$1.20	43d	1	0.88mi
1376 Halstead Rd Parkville, MD	3.0	1.0	1440	$2,400	$1.67	23d	1	0.88mi
3158 Woodring Ave Parkville, MD	3.0	1.5	1500	$1,950	$1.30	23d	1	0.89mi
1610 Wentworth Ave Parkville, MD	3.0	1.0	1024	$1,900	$1.86	43d	1	0.90mi
7202 Sindall Rd Unit 7202 Parkville, MD	3.0	1.0	1350	$1,850	$1.37	43d	1	0.90mi
8417 Nunley Dr Parkville, MD	1.0–3.0	1.0–2.0	812	$2,120	$2.61	23d	1	0.96mi
1332 Deanwood Rd Parkville, MD	3.0	2.0	1046	$2,500	$2.39	44d	1	0.99mi
6502 McClean Blvd Baltimore, MD	2.0	1.0	925	$1,537	$1.66	43d	1	1.05mi
6502 McClean Blvd Unit 2211-B3 Baltimore, MD	2.0	1.0	925	$1,495	$1.62	21d	1	1.11mi
1329 Taylor Ave Parkville, MD	2.0	1.0	1636	$1,599	$0.98	43d	1	1.12mi
1929 Edgewood Rd Unit 1929 Towson, MD	3.0	2.0	1700	$2,350	$1.38	10d	1	1.14mi
2804 Christopher Ave Baltimore, MD	3.0	2.5	1280	$2,200	$1.72	23d	1	1.16mi
3412 Fleetwood Ave Baltimore, MD	3.0	2.5	1620	$2,195	$1.35	43d	1	1.18mi
1127 Deanwood Rd Parkville, MD	3.0	2.0	1730	$2,350	$1.36	43d	1	1.19mi
6212 Laurelton Ave Baltimore, MD	2.0	1.0	960	$1,325	$1.38	43d	1	1.20mi
8340 Edgedale Rd Parkville, MD	3.0	2.0	1260	$2,400	$1.90	4d	1	1.21mi
1809 Glen Ridge Rd Towson, MD	3.0	1.5	1640	$2,100	$1.28	43d	1	1.23mi
34 Dowling Cir Parkville, MD	1.0–2.0	1.0	874	$1,465	$1.68	1d	36	1.25mi
8451 Water Oak Rd Parkville, MD	3.0	2.0	1054	$1,950	$1.85	43d	1	1.26mi
1745 Amuskai Rd Parkville, MD	2.0	2.0	1260	$1,975	$1.57	43d	1	1.29mi
1717 Northview Rd Parkville, MD	3.0	1.5	1260	$1,980	$1.57	4d	1	1.32mi
1726 Redwood Ave Parkville, MD	4.0	2.0	1435	$2,250	$1.57	17d	1	1.33mi
8768 Cimarron Cir Parkville, MD	4.0	1.5	1752	$2,395	$1.37	23d	1	1.35mi
6410 Walther Ave Baltimore, MD	2.0	1.0–2.0	1195	$1,995	$1.67	43d	7	1.36mi
8533 Oak Rd Parkville, MD	3.0	2.0	1480	$2,100	$1.42	43d	1	1.38mi
8402 Greenway Rd Towson, MD	3.0	1.0	708	$1,595	$2.25	2d	24	1.38mi
35-C Mopec Cir Nottingham, MD	2.0	1.0	1100	$1,445	$1.31	2d	10	1.39mi
8525 Chestnut Oak Rd Parkville, MD	4.0	2.0	1178	$1,995	$1.69	43d	1	1.42mi

Listing history 3 events

1. 2026-06-18
   status $185,000 Active 1 DOM
2. 2026-06-17
   remarks 699-char remark
3. 2026-06-17
   listed $185,000 Coming Soon 1 DOM

ⓘ 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: $2,987 · $249/mo
• Projected year-2 tax: $2,987 · $249/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,954
• − Mortgage interest: −$10,363
• − Property taxes: −$2,987
• − Insurance: −$925
• − Repairs & maintenance: −$1,916
• − Management: −$1,916
• − Depreciation: −$5,382
• Taxable income: $464
• Est. tax owed @ 24.0%: −$111
• After-tax cash flow: $3,258/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 — Parkville

• Score: 77/100
• State rank: #77
• US rank: #2839

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, MD
• County: Baltimore County · 769,527 people
• City population: 66,334
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 66,334
• Household income: $83,517
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 2719.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 58% Black 28% Asian 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Romanian 5% Lithuanian 1% Italian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 1%

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: ▼ -247.04%
• Current HPI: 254.3824
• Rent YoY: ▲ 6.68%
• 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

+496.8% since first listed

4 events — show timeline

• 2026-06-16 Coming Soon $185,000 BRIGHT MLS
• 1996-11-13 Sold (Public Records) $94,000 Public Records
• 1989-10-30 Sold (Public Records) $88,000 Public Records
• 1974-08-19 Sold (Public Records) $31,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $2,987 · +7.0% YoY. Source: county tax records.