1922 Armco Way · Dundalk, MD
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 8/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 57.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +18.3/30.0
- DSCR +5.8/10.0
- 1% rule +4.8/10.0
- Livability +4.2/5.0
- ARV discount +3.0/15.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$210,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
Key facts
- Built 1953
- Listed 57 days
Property features AI
Finance
- Financial info: Ground rent paid annually
Exterior
- Parking: On-street parking
- Utilities: Public water; Public sewer; Electric service
- Home design: Interior townhouse/rowhouse; Three levels; Year of major renovation 2020; Ground rent ownership
- Construction: Brick construction; Block foundation; Asphalt roof
- Exterior features: Rear fencing; Suburban setting
Interior
- Kitchen: Stove/Range; Range hood; Refrigerator; Exhaust fan
- Bedrooms: Three bedrooms (all on the first upper level)
- Flooring: Luxury vinyl plank flooring
- Bathrooms: Two full bathrooms (one on upper level, one on lower level)
- Heating & cooling: Forced air heating; Natural gas heating and hot water; Central air conditioning (electric)
- Interior features: Living room; Dining room; Sun/Florida room; Basement with outside entrance (unfinished)
- Laundry & utility: Washer and dryer; Laundry located in the basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath townhouse listed at $210k.
Deal economics
- At list price, monthly cash flow is $194 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (2.4% below list).
- Recommended offer: $204k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.4% vs local median 6.1% in Dundalk — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: 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.
- Zoned schools: Grange Elementary (math 9% / reading 18%, grade F, #521 of 860 statewide, top 61%, 483 students, 68% FRL); General John Stricker Middle (math 4% / reading 29%, grade F, #174 of 225 statewide, top 81%, 745 students, 70% FRL); Patapsco High And Center For Arts (math 7% / reading 37%, grade F, #171 of 222 statewide, top 78%, 1,312 students, 62% FRL) — zoned schools average 67% FRL vs 39% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-0.1%/yr); 238 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
- This rent runs 38% of the median local income ($64k/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 $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.
Negotiation context
- It's been on market 58 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 12y ago; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $85k; list at $210k implies a 147% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 57% 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.
Questions for the listing agent
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.98% ✗
- Cap rate
- 7.40%
- Cash-on-cash
- 3.96%
- DSCR
- 1.18
- GRM
- 8.5
CMA / ARV
- ARV (median comp)
- $190,870
- List price
- $210,000
- Delta
- 10.02%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7928 Kavanagh Rd | 0.07mi | 4/2.0 (+1) | 1,024 (0%) | 3mo | $256,000 | $250 | 87 |
| 8028 Kavanagh | 0.15mi | 3/2.0 | 1,024 (0%) | 6mo | $167,000 | $163 | 86 |
| 1649 Gray Haven Ct | 0.46mi | 3/1.0 | 1,008 (-2%) | 3mo | $255,000 | $253 | 71 |
| 8339 Kavanagh Rd | 0.53mi | 3/2.0 | 1,016 (-1%) | 3mo | $240,000 | $236 | 70 |
| 7829 Scholar Rd | 0.21mi | 3/2.0 | 1,152 (+12%) | 2mo | $252,500 | $219 | 66 |
| 1927 Codd Ave | 0.14mi | 3/1.0 | 1,144 (+12%) | 8mo | $190,000 | $166 | 66 |
| 1903 Ormand Rd | 0.49mi | 2/1.5 (-1) | 896 (-12%) | 0mo | $160,000 | $179 | 51 |
| 8333 Kavanagh Rd | 0.52mi | 3/2.0 | 896 (-12%) | 2mo | $177,000 | $198 | 51 |
| 8142 Del Haven Rd | 0.57mi | 3/2.0 | 1,144 (+12%) | 3mo | $171,000 | $149 | 50 |
| 8144 Gray Haven Rd | 0.65mi | 3/1.5 | 928 (-9%) | 7mo | $175,000 | $189 | 48 |
| 2857 Plainfield Rd | 0.66mi | 2/1.5 (-1) | 1,121 (+10%) | 9mo | $170,000 | $152 | 40 |
| 8435 Kavanagh Rd | 0.68mi | 2/1.0 (-1) | 896 (-12%) | 8mo | $115,000 | $128 | 34 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -13.5%
- Equity multiple
- 0.53×
- Total profit
- $-27,661
- Equity at exit
- $31,312
- IRR
- -10.1%
- Equity multiple
- 0.47×
- Total profit
- $-31,318
- Equity at exit
- $18,157
Cash invested: $58,800 (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
ZIP-level market 21222
- Rents YoY
- -0.1%
- Active inventory
- 238
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $2,049 high interval (Pro) →
- Mortgage (P&I)
- −$1,101
- Tax from tax record
- −$236 /mo · $2,828/yr
- Insurance
- −$88
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$430
- Net cashflow
- $194
Break-even live
Sensitivity live
| Price | -10% $313 | -5% $253 | +0% $194 | +5% $135 | +10% $75 |
|---|---|---|---|---|---|
| Rent | -10% $32 | -5% $113 | +0% $194 | +5% $275 | +10% $356 |
| Rate | -1.0pp $300 | -0.5pp $247 | base $194 | +0.5pp $140 | +1.0pp $84 |
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
- $52,500
- Closing costs
- $6,300
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 7930 Kavanagh Rd Dundalk, MD | 3.0 | 1.0 | 1024 | $2,200 | $2.15 | 0d | 1 | 0.06mi |
| 7962 Kavanagh Rd Dundalk, MD | 3.0 | 2.0 | 1024 | $1,947 | $1.90 | 16d | 1 | 0.07mi |
| 7917 Wise Ave Dundalk, MD | 2.0 | 1.5 | 1500 | $2,500 | $1.67 | 25d | 1 | 0.14mi |
| 7901 Stratman Rd Dundalk, MD | 3.0 | 1.0 | 890 | $1,647 | $1.85 | 4d | 1 | 0.17mi |
| 2020 Dineen Dr Dundalk, MD | 3.0 | 1.5 | 1258 | $1,850 | $1.47 | 6d | 1 | 0.17mi |
| 1922 Ewald Ave Dundalk, MD | 3.0 | 2.0 | 1408 | $2,150 | $1.53 | 0d | 1 | 0.21mi |
| 1930 Frames Rd Dundalk, MD | 3.0 | 2.0 | 1152 | $2,099 | $1.82 | 6d | 1 | 0.26mi |
| 1925 Jasmine Rd Dundalk, MD | 3.0 | 1.5 | 1024 | $1,825 | $1.78 | 12d | 1 | 0.50mi |
| 2032 Kelmore Rd Dundalk, MD | 3.0 | 1.0 | 1024 | $1,700 | $1.66 | 45d | 1 | 0.55mi |
| 8146 Del Haven Rd Dundalk, MD | 3.0 | 2.0 | 1424 | $2,700 | $1.90 | 18d | 1 | 0.55mi |
| 2025 Kelmore Rd Unit 1 Dundalk, MD | 3.0 | 1.0 | 1024 | $2,000 | $1.95 | 45d | 1 | 0.57mi |
| 2004 Larkhall Rd Dundalk, MD | 3.0 | 1.0 | 1024 | $1,500 | $1.46 | 45d | 1 | 0.58mi |
| 414 Westfield Rd Dundalk, MD | 3.0 | 1.0 | 1024 | $2,300 | $2.25 | 45d | 1 | 0.62mi |
| 1915 Merritt Blvd Dundalk, MD | 3.0 | 2.0 | 1208 | $2,500 | $2.07 | 45d | 1 | 0.64mi |
| 1610 Melbourne Rd Dundalk, MD | 1.0–2.0 | 1.0 | 664 | $1,240 | $1.87 | 14d | 1 | 0.66mi |
| 433 Oakwood Rd Dundalk, MD | 2.0 | 1.0 | 1016 | $1,900 | $1.87 | 0d | 1 | 0.76mi |
| 11 Seabright Ave Dundalk, MD | 3.0 | 1.0 | 948 | $1,874 | $1.98 | 16d | 1 | 0.82mi |
| 8499 Lynch Rd Dundalk, MD | 1.0–3.0 | 1.0–2.0 | 900 | $1,769 | $1.97 | 0d | 31 | 0.82mi |
| 3000 Wallford Dr Dundalk, MD | 1.0–2.0 | 1.0 | 717 | $1,335 | $1.86 | 0d | 31 | 0.89mi |
| 7508 Ives Ln Dundalk, MD | 2.0 | 1.0 | 896 | $1,750 | $1.95 | 45d | 1 | 0.93mi |
| 7412 Saint Patricia Ct Dundalk, MD | 4.0 | 2.0 | 1024 | $2,800 | $2.73 | 19d | 1 | 1.01mi |
| 3221 Wallford Dr Dundalk, MD | 3.0 | 1.0 | 1008 | $1,750 | $1.74 | 5d | 1 | 1.01mi |
| 3221 Wallford Dr Unit 3221 Dundalk, MD | 3.0 | 1.0 | 1008 | $1,750 | $1.74 | 6d | 1 | 1.01mi |
| 7805 Saint Patricia Ln Dundalk, MD | 3.0 | 2.0 | 1024 | $1,850 | $1.81 | 0d | 1 | 1.06mi |
| 3314 Wallford Dr Dundalk, MD | 3.0 | 1.0 | 1258 | $1,850 | $1.47 | 16d | 1 | 1.07mi |
| 3413 Wallford Dr Dundalk, MD | 3.0 | 2.0 | 1016 | $2,000 | $1.97 | 45d | 1 | 1.11mi |
| 4004 St Monica Dr Unit 1 Dundalk, MD | 3.0 | 1.0 | 1024 | $1,850 | $1.81 | 0d | 1 | 1.11mi |
| 4004 Saint Monica Dr Dundalk, MD | 3.0 | 1.0 | 1024 | $1,925 | $1.88 | 6d | 1 | 1.11mi |
| 3427 North Point Rd Dundalk, MD | 3.0 | 1.0 | 1008 | $2,250 | $2.23 | 21d | 1 | 1.17mi |
| 3317 Belsford Ct Dundalk, MD | 3.0 | 1.0 | 1258 | $1,950 | $1.55 | 12d | 1 | 1.19mi |
| 2976 Cornwall Rd Unit 1 Dundalk, MD | 2.0 | 1.0 | 900 | $1,590 | $1.77 | 16d | 1 | 1.21mi |
| 7718 Meath Rd Dundalk, MD | 3.0 | 2.0 | 864 | $2,200 | $2.55 | 45d | 1 | 1.21mi |
| 2959 Liberty Pkwy Dundalk, MD | 3.0 | 2.0 | 1479 | $2,150 | $1.45 | 45d | 1 | 1.23mi |
| 7860 Saint Claire Ln Dundalk, MD | 3.0 | 2.0 | 1024 | $2,200 | $2.15 | 6d | 1 | 1.24mi |
| 7 Robinson Ave Dundalk, MD | 3.0 | 2.0 | 1100 | $2,600 | $2.36 | 45d | 1 | 1.24mi |
| 7860 Saint Bridget Ln Dundalk, MD | 4.0 | 1.0 | 1216 | $2,300 | $1.89 | 25d | 1 | 1.28mi |
| 2624 Liberty Pkwy Dundalk, MD | 3.0 | 1.5 | 1110 | $1,856 | $1.67 | 45d | 1 | 1.28mi |
| 3503 Sollers Point Rd Dundalk, MD | 3.0 | 1.0 | 776 | $1,850 | $2.38 | 14d | 1 | 1.30mi |
| 8220 Cornwall Rd Dundalk, MD | 3.0 | 2.0 | 1125 | $1,775 | $1.58 | 45d | 1 | 1.31mi |
| 8252 Longpoint Rd Dundalk, MD | 4.0 | 2.0 | 1216 | $1,950 | $1.60 | 5d | 1 | 1.32mi |
Listing history 28 events
-
2026-06-21days on market $210,000 Active 58 DOM
-
2026-06-18days on market $210,000 Active 55 DOM
-
2026-06-17pricedays on market $210,000 Active 54 DOM
-
2026-06-16days on market $219,900 Active 53 DOM
-
2026-06-15days on market $219,900 Active 52 DOM
-
2026-06-13days on market $219,900 Active 50 DOM
-
2026-06-09days on market $219,900 Active 46 DOM
-
2026-06-08days on market $219,900 Active 45 DOM
-
2026-06-07days on market $219,900 Active 44 DOM
-
2026-06-04days on market $219,900 Active 41 DOM
-
2026-06-03days on market $219,900 Active 40 DOM
-
2026-06-02days on market $219,900 Active 39 DOM
-
2026-06-01days on market $219,900 Active 38 DOM
-
2026-05-31price $219,900 Active 37 DOM
-
2026-05-31days on market $224,990 Active 37 DOM
-
2026-04-30price $225,000 588-char remark
-
2026-04-25$234,999 Active 588-char remark
-
2026-04-24historical $234,999 588-char remark
-
2015-04-09soldstatus $85,000
-
2015-04-03soldstatus $85,000 Sold 352-char remark
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2015-04-03soldstatus $85,000
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2015-03-12status Contract 352-char remark
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2015-03-08historical
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2015-02-05price $95,000 352-char remark
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2014-08-22price $119,000 352-char remark
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2014-06-17$124,000 Active 352-char remark
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
-
2014-06-16$95,000
Show marketing remark (352 chars)
REDUCED PRICE!!!!!Affordable 3BR 1-1/2 Bath Home. Recently Completed Updates Include Kitchen Cabinets, Floors, Fresh Paint , Wood Floors and Lighting-Lower Level is improved with half bath and walkout. Nice Enclosed Rear Porch for added living space. Covered Front Porch with Landscaped Yard. Buy Now and Enjoy Your New Home * * MOTIVATED SELLER * *
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1983-04-19soldstatus $40,000
ⓘ 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
- $2,828 · $236/mo
- Projected year-2 tax
- $2,828 · $236/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 8/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
- Wind 6/10 Major 57% chance of damaging wind over 30 yrs
- Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,584
- − Mortgage interest
- −$11,763
- − Property taxes
- −$2,828
- − Insurance
- −$1,050
- − Repairs & maintenance
- −$1,967
- − Management
- −$1,967
- − Depreciation
- −$6,109
- Taxable loss
- −$1,100
- Est. tax savings @ 24.0%
- +$264
- After-tax cash flow
- $2,592/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 — Dundalk
- Score
- 85/100
- State rank
- #16
- US rank
- #510
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Dundalk, MD
- County
- Baltimore County · 769,527 people
- City population
- 59,407
- Metro
- Baltimore-Columbia-Towson, MD
- Population (ZIP)
- 59,407
- Household income
- $64,141
- Rent vs Own
- Severe rent burden
- 2566.0
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 0.60)
- Race & ethnicity
- White 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2%
- Common ancestry
- Romanian 7% Lithuanian 1% Italian 1%
- Foreign-born
- 9% · Canada
- Languages at home
- 85% English-only · Spanish 11% Other Indo-European 2% Arabic 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
- ▼ -251.44%
- Current HPI
- 228.4218
- Rent YoY
- ▼ -0.09%
- 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 |
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| Utilities | 1 | $25B |
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| Hotels | 1 | $24B |
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| Consumer Goods | 1 | $7B |
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| Real Estate | 1 | $6B |
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| Chemicals | 1 | $2B |
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Price history
+425.0% since first listed16 events — show timeline
- 2026-06-17 Price Changed $210,000 BRIGHT MLS
- 2026-05-31 Price Changed $219,900 BRIGHT MLS
- 2026-05-23 Price Changed $224,990 BRIGHT MLS
- 2026-04-30 Price Changed $225,000 BRIGHT MLS
- 2026-04-25 Listed $234,999 BRIGHT MLS
- 2026-04-24 Coming Soon $234,999 BRIGHT MLS
- 2015-04-09 Sold (Public Records) $85,000 Public Records
- 2015-04-03 Sold (MLS) $85,000 MRIS
- 2015-04-03 Sold (MLS) $85,000 BRIGHT MLS
- 2015-03-12 Pending — MRIS
- 2015-03-08 Listing Removed — BRIGHT MLS
- 2015-02-05 Price Changed $95,000 MRIS
- 2014-08-22 Price Changed $119,000 MRIS
- 2014-06-17 Listed $124,000 MRIS
- 2014-06-16 Listed $95,000 BRIGHT MLS
- 1983-04-19 Sold (Public Records) $40,000 Public Records
Property tax history
+2.7%/yrLatest (2025): $2,828 · +3.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…