429 Yale Ave · Baltimore, MD 21229

$179,900

3 bd · 1.0 ba · 1,344 sqft · Townhouse public records · 55 Days on market

Built 1920 $134/sqft · at area comps Est $181k · at est.

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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 +21.3/30.0
• ARV discount +7.8/15.0
• DSCR +6.8/10.0
• 1% rule +5.4/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

Key facts

• Built 1920
• Listed 54 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $180k.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $175k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.0% in Baltimore — 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 76/100 on livability (#90 in MD, #3,396 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: schools D, crime F.
• Baltimore City Public Schools (urban): math 7% / reading 16% proficiency, ranked #24 of 24 in MD (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.4%/yr); 252 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 37% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y ago; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $180k implies a 500% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 24% 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 $174,503 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
6. 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.
7. 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.
8. 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: 1.04% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.24%
• DSCR: 1.28
• GRM: 8.0

CMA / ARV

• ARV (median comp): $181,251
• List price: $179,900
• Delta: -0.75%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
542 Lucia Ave	0.49mi	3/2.0	1,344 (0%)	1mo	$205,000	$153	72
4420 Parkton St	0.31mi	3/2.0	1,450 (+8%)	1mo	$140,000	$97	67
125 S Morley St S	0.61mi	3/1.5	1,350 (+0%)	2mo	$70,000	$52	67
748 Bethnal Rd	0.47mi	3/1.5	1,408 (+5%)	2mo	$183,000	$130	66
428 S Augusta Ave	0.04mi	4/2.5 (+1)	1,500 (+12%)	3mo	$249,900	$167	66
101 Upmanor Rd	0.64mi	3/1.0	1,408 (+5%)	1mo	$205,000	$146	62
48 Hillvale Rd	0.57mi	3/1.5	1,224 (-9%)	2mo	$180,000	$147	55
40 Hillvale Rd	0.55mi	3/2.0	1,224 (-9%)	1mo	$230,000	$188	54
156 S Hilton St	0.74mi	4/1.5 (+1)	1,320 (-2%)	2mo	$195,000	$148	54
4516 Pen Lucy Rd	0.69mi	3/2.0	1,416 (+5%)	2mo	$205,000	$145	53
3424 Wilkens Ave	0.70mi	3/2.5	1,280 (-5%)	2mo	$207,000	$162	52
21 Culver St	0.67mi	2/2.0 (-1)	1,260 (-6%)	1mo	$210,000	$167	48

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 · 5.38% rent growth · sell at horizon

5-year hold

• IRR: -4.1%
• Equity multiple: 0.84×
• Total profit: $-7,852
• Equity at exit: $26,824

10-year hold

• IRR: 8.1%
• Equity multiple: 1.68×
• Total profit: $34,491
• Equity at exit: $15,554

Cash invested: $50,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 12 Strongly Tenant-Friendly
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City Baltimore: 12 Strongly Tenant-Friendly · D+58

Just-cause for tenancies > 1 yr.

Methodology + full state rankings →

ZIP-level market 21229

• Rents YoY: 5.4%
• Active inventory: 252
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,873 high
• Mortgage (P&I): −$943
• Tax from tax record: −$199 /mo · $2,387/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $262

Break-even live

Break-even rent $1,541

Max offer price $179,900

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4301 Parkton St Baltimore, MD	1.0–3.0	1.0	730	$1,550	$2.12	43d	1	0.14mi
304 Collins Ave Unit 2 Baltimore, MD	3.0	1.0	1016	$2,100	$2.07	43d	1	0.16mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	43d	1	0.32mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	23d	1	0.33mi
4431 Eldone Rd Baltimore, MD	3.0	2.0	896	$2,000	$2.23	23d	1	0.36mi
117 Collins Ave Baltimore, MD	3.0	3.0	1617	$2,350	$1.45	43d	1	0.40mi
738 Yale Ave Baltimore, MD	2.0	1.0	1346	$1,900	$1.41	23d	1	0.42mi
500 Lucia Ave Baltimore, MD	3.0	2.0	1472	$2,100	$1.43	16d	1	0.42mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	43d	1	0.44mi
586 Lucia Ave Baltimore, MD	3.0	1.5	1178	$2,100	$1.78	17d	1	0.52mi
402 Colleen Rd Baltimore, MD	1.0–2.0	1.0	910	$1,450	$1.59	2d	11	0.54mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	23d	1	0.54mi
19 S Tremont Rd Baltimore, MD	3.0	1.0	1350	$1,850	$1.37	43d	1	0.59mi
613 S Beechfield Ave Baltimore, MD	3.0	1.5	1080	$1,950	$1.81	43d	1	0.59mi
565 Brisbane Rd Baltimore, MD	2.0	2.0	1146	$1,675	$1.46	23d	1	0.60mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	10d	1	0.63mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	23d	1	0.63mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	2d	1	0.67mi
111 Upmanor Rd Baltimore, MD	3.0	1.5	1224	$2,163	$1.77	43d	1	0.68mi
501 Hazlett Ave Baltimore, MD	2.0–3.0	1.5–2.0	1044	$1,879	$1.80	1d	8	0.69mi
114 S Rock Glen Rd Baltimore, MD	4.0	1.5	1160	$2,350	$2.03	12d	1	0.78mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	3d	2	0.78mi
3336 W Caton Ave Baltimore, MD	3.0	2.0	1236	$1,625	$1.31	23d	1	0.80mi
670 Queensgate Rd Baltimore, MD	3.0	2.0	1600	$2,100	$1.31	4d	1	0.84mi
3310 Elbert St Baltimore, MD	2.0	1.0	920	$1,550	$1.68	23d	1	0.85mi
3130 Stafford St Baltimore, MD	3.0	1.0	1200	$1,500	$1.25	20d	1	0.85mi
5147 Frederick Ave Baltimore, MD	3.0	2.0	1216	$1,950	$1.60	3d	1	0.87mi
41 N Kossuth St Baltimore, MD	3.0	2.0	1216	$1,800	$1.48	23d	1	0.88mi
3706 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1540	$1,350	$0.88	43d	1	0.88mi
3607 W Lexington St Baltimore, MD	3.0	2.0	1050	$1,895	$1.80	4d	1	0.89mi
409 Normandy Ave Baltimore, MD	4.0	1.0	1640	$1,500	$0.91	23d	1	0.92mi
202 N Edgewood St Baltimore, MD	3.0	2.0	1710	$2,250	$1.32	23d	1	0.93mi
3704 Coolidge Ave Baltimore, MD	2.0	1.0	1262	$2,000	$1.58	20d	1	0.95mi
4520 Scarlet Oak Ln Baltimore, MD	2.0	1.0	1025	$1,500	$1.46	43d	1	0.96mi
405 N Edgewood St Baltimore, MD	4.0	2.0	1408	$2,950	$2.10	4d	1	1.04mi
131 N Bend Rd Unit 131-1B Baltimore, MD	2.0	1.5	910	$1,225	$1.35	21d	1	1.11mi
3507 Edmondson Ave Baltimore, MD	4.0	2.0	1428	$2,300	$1.61	43d	1	1.13mi
3423 Edmondson Ave Baltimore, MD	2.0	1.5	1400	$1,710	$1.22	43d	1	1.16mi
4020 Gelston Dr Baltimore, MD	3.0	2.0	1270	$1,875	$1.48	43d	1	1.16mi
623 N Grantley St Baltimore, MD	4.0	2.0	1250	$2,000	$1.60	23d	1	1.19mi

Listing history 22 events

1. 2026-06-07
   days on market $179,900 Active 55 DOM
2. 2026-06-04
   days on market $179,900 Active 52 DOM
3. 2026-06-03
   days on market $179,900 Active 51 DOM
4. 2026-06-02
   days on market $179,900 Active 50 DOM
5. 2026-06-01
   days on market $179,900 Active 49 DOM
6. 2026-05-31
   days on market $179,900 Active 48 DOM
7. 2026-05-19
   status Active 1207-char remark

   Show marketing remark (1207 chars)

   This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

8. 2026-05-18
   status Pending 1207-char remark

   Show marketing remark (1207 chars)

   This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

9. 2026-05-04
   historical Active Under Contract 1207-char remark

   Show marketing remark (1207 chars)

   This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

10. 2026-04-29
    status Active 1207-char remark

    Show marketing remark (1207 chars)

    This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

11. 2026-04-25
    historical 1207-char remark

    Show marketing remark (1207 chars)

    This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

12. 2026-04-16
    price $179,900 1207-char remark

    Show marketing remark (1207 chars)

    This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

13. 2026-03-26
    listed $209,500 Active 1207-char remark

    Show marketing remark (1207 chars)

    This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

14. 2026-03-08
    historical $209,500 1207-char remark

    Show marketing remark (1207 chars)

    This home offers 3 finished levels of living with over 2010 square feet of interior living space. When you pull up to your new home you will find a nice sized covered front porch to enjoy the summer breeze. Coming inside on the main level you will find a separate living room and dining area, along with a spacious kitchen that is ready for you to cook your favorite meal and the rear door that leads you back outside to your rear deck and fenced in yard, that is just waiting for your summer cookout! Going back inside your home, upstairs you will find 3 nicely sized bedrooms and the hall bathroom. The master bedroom has it own half bathroom, for the owner! Going down to the basement you will find the laundry area and plenty of more space to personalize your home. This property is in close proximity to 2 grocery stores, a hospital and plenty of local and nation branded stores for you to explore. This property is situated close to the MARC train, I-95, I-695 and I-70, with all these options you can move around the city with ease. This home could be a great home to live in or add this to your portfolio for good rental income! So do not delay, become a home owner and view this property today!

15. 2020-03-19
    soldstatus $30,000 Closed 359-char remark

    Show marketing remark (359 chars)

    Owners loss is your gain! Seller was unable to complete renovations so you can pick right up where seller left off! Front and rear porches, huge room sizes, recent new roof and hardwoods thru out which just need refinishing. Kitchen has been pulled out so we cannot accept financing less a renovation loan or cash! Located right across street from Mt St Joe!

16. 2019-11-18
    historical Active Under Contract 359-char remark

    Show marketing remark (359 chars)

    Owners loss is your gain! Seller was unable to complete renovations so you can pick right up where seller left off! Front and rear porches, huge room sizes, recent new roof and hardwoods thru out which just need refinishing. Kitchen has been pulled out so we cannot accept financing less a renovation loan or cash! Located right across street from Mt St Joe!

17. 2019-10-04
    price $50,000 359-char remark

    Show marketing remark (359 chars)

    Owners loss is your gain! Seller was unable to complete renovations so you can pick right up where seller left off! Front and rear porches, huge room sizes, recent new roof and hardwoods thru out which just need refinishing. Kitchen has been pulled out so we cannot accept financing less a renovation loan or cash! Located right across street from Mt St Joe!

18. 2019-09-10
    listed $74,900 Active 359-char remark

    Show marketing remark (359 chars)

    Owners loss is your gain! Seller was unable to complete renovations so you can pick right up where seller left off! Front and rear porches, huge room sizes, recent new roof and hardwoods thru out which just need refinishing. Kitchen has been pulled out so we cannot accept financing less a renovation loan or cash! Located right across street from Mt St Joe!

19. 2000-03-09
    soldstatus $62,000
20. 2000-02-29
    soldstatus $62,000
21. 1999-12-16
    historical
22. 1999-08-09
    listed $64,900

ⓘ 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: $2,387 · $199/mo
• Projected year-2 tax: $2,387 · $199/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 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,473
• − Mortgage interest: −$10,077
• − Property taxes: −$2,387
• − Insurance: −$900
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$5,233
• Taxable income: $280
• Est. tax owed @ 24.0%: −$67
• After-tax cash flow: $3,079/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 City Public Schools
• NCES district ID: 2400090
• Math proficiency: 7% ▼ -9.00%
• Reading proficiency: 16% ▼ -5.00%
• Median HH income: $42,108
• Composite: 10.08/100
• National rank: #9805
• State rank: #24 of 24 in MD

Livability — Baltimore

• Score: 76/100
• State rank: #90
• US rank: #3396

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore, MD
• County: Baltimore City · 558,601 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 46,679
• Household income: $60,047
• Rent vs Own: 43.1% rent · 56.9% own
• Severe rent burden: 2776.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 624,249 people
• By 2030: 621,541 · -0.4%
• By 2040: 609,756 · -2.3%
• By 2050: 597,249 · -4.3%
• By 2075: 552,236 · -11.5%
• By 2100: 513,934 · -17.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (73%)
• Race & ethnicity: Black 73% White 15% Hispanic / Latino 6% Two or more races 4% Asian 3%
• Common ancestry: Lithuanian 1% Romanian 1% Serbian 1%
• Foreign-born: 5% · Canada, Philippines
• Languages at home: 91% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Baltimore

• 2024 margin: Solid D (+73.0) · D 85.2% · R 12.2% · Other 2.6%
• 2008→2024 swing: -2.5pp toward R · 2008: 75.5pp · 2024: 73.0pp
• All cycles: 2024: D+73.0 2020: D+76.6 2016: D+74.6 2012: D+76.4 2008: D+75.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -259.07%
• Current HPI: 226.896
• Rent YoY: ▲ 5.38%
• 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

+177.2% since first listed

16 events — show timeline

• 2026-05-19 Relisted — BRIGHT MLS
• 2026-05-18 Pending — BRIGHT MLS
• 2026-05-04 Contingent — BRIGHT MLS
• 2026-04-29 Relisted — BRIGHT MLS
• 2026-04-25 Listing Removed — BRIGHT MLS
• 2026-04-16 Price Changed $179,900 BRIGHT MLS
• 2026-03-26 Listed $209,500 BRIGHT MLS
• 2026-03-08 Coming Soon $209,500 BRIGHT MLS
• 2020-03-19 Sold (MLS) $30,000 BRIGHT MLS
• 2019-11-18 Contingent — BRIGHT MLS
• 2019-10-04 Price Changed $50,000 BRIGHT MLS
• 2019-09-10 Listed $74,900 BRIGHT MLS
• 2000-03-09 Sold (Public Records) $62,000 Public Records
• 2000-02-29 Sold (MLS) $62,000 MRIS
• 1999-12-16 Delisted — MRIS
• 1999-08-09 Listed $64,900 MRIS

Property tax history

+1.5%/yr

Latest (2025): $2,387 · +11.2% YoY. Source: county tax records.