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2916 Ridgewood Ave
B Composite 73.15
Why this score? — see what drove the B 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 +29.2/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.9/10.0
  • Livability +3.8/5.0
  • Condition / age +3.8/5.0
  • Rent growth +3.1/5.0
  • Schools +0.4/10.0
  • Appreciation +0.0/10.0

$120,000

2916 Ridgewood Ave · Baltimore, MD 21215
3 bd · 2.0 ba · 1,100 sqft · Townhouse · 79 Days on market
Built 1920 Good condition 1,742 sqft lot $109/sqft · 38% below area Est $193k · 38% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

Key facts

  • Built 1920
  • Listed 78 days

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath townhouse listed at $120k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $418 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $113k (6.0% below list) — sets the bar for market timing.

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: 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.
  • Zoned schools: Elmer A. Henderson: A Johns Hopkins Partnership (math 2% / reading 16%, grade F, #650 of 860 statewide, top 77%, 642 students, 80% FRL); Baltimore Polytechnic Institute (math 71% / reading 84%, grade A-, #22 of 222 statewide, top 10%, 1,555 students, 43% FRL) — zoned schools average 62% FRL vs 79% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 43% at this address vs 12% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Baltimore City Public Schools average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+2.4%/yr); 455 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 67d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 2.4% rent growth), your $34k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 79 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 3y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $85k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1920 — 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 $112,800 (6.0% below list)

Questions for the listing agent

  1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.29%
Cap rate
10.47%
Cash-on-cash
14.93%
DSCR
1.66
GRM
6.5

CMA / ARV

ARV (median comp)
$193,094
List price
$120,000
Delta
-37.85%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3824 Beehler Ave 0.29mi 3/1.5 1,080 (-2%) 4mo $88,000 $81 78
3709 Columbus Dr 0.27mi 3/1.5 1,200 (+9%) 2mo $133,900 $112 69
3912 Reisterstown Rd 0.60mi 3/1.5 1,100 (0%) 3mo $55,000 $50 68
3916 Grantley Rd 0.40mi 3/1.5 1,178 (+7%) 0mo $93,000 $79 67
3906 Grantley Rd 0.41mi 3/1.5 1,178 (+7%) 2mo $127,000 $108 65
2904 Virginia Ave 0.60mi 3/1.5 1,116 (+2%) 4mo $202,000 $181 65
3716 Columbus Dr 0.25mi 4/2.0 (+1) 1,200 (+9%) 4mo $242,000 $202 64
4927 Edgemere Ave 0.43mi 2/1.0 (-1) 1,080 (-2%) 4mo $95,000 $88 64
3701 Columbus Dr 0.26mi 3/1.0 1,200 (+9%) 6mo $108,000 $90 64
3424 W Belvedere Ave 0.70mi 3/1.0 1,120 (+2%) 1mo $50,000 $45 59
3823 Cottage Ave 0.75mi 3/1.0 1,140 (+4%) 4mo $118,000 $104 52
3809 Boarman Ave 0.53mi 3/1.5 1,249 (+14%) 2mo $80,000 $64 50

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 · 2.41% rent growth · sell at horizon

5-year hold
IRR
4.8%
Equity multiple
1.19×
Total profit
$6,271
Equity at exit
$17,892
10-year hold
IRR
13.8%
Equity multiple
2.07×
Total profit
$36,068
Equity at exit
$10,375

Cash invested: $33,600 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
31 active · 19 under contract
Months of supply
6.6 mo (15%/mo absorbed)
Median asking
$127,400 ($125/sqft)
Median days on market
64 d
This list price
39% of active listings are priced below it
ARV vs active asking
+40.4% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 21215

Rents YoY
2.4%
Active inventory
455
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,550 high interval (Pro) →
Mortgage (P&I)
$629
Tax from tax record
$127 /mo · $1,529/yr
Insurance
$50
HOA
$0
Vacancy / Maint / Mgmt
$326
Net cashflow
$418

Break-even live

Break-even rent $1,021
Max offer price $120,000
Occupancy floor 68%

Sensitivity live

Price -10% $486 -5% $452 +0% $418 +5% $384 +10% $350
Rent -10% $296 -5% $357 +0% $418 +5% $479 +10% $540
Rate -1.0pp $478 -0.5pp $448 base $418 +0.5pp $387 +1.0pp $355

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
$30,000
Closing costs
$3,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2900 W Cold Spring Ln Baltimore, MD 2.0 1.0 950 $1,265 $1.33 13d 3 0.13mi
4230 Towanda Ave Baltimore, MD 3.0 2.0 1400 $1,800 $1.29 67d 1 0.29mi
3726 Beehler Ave Unit 1 Baltimore, MD 3.0 2.5 1500 $1,850 $1.23 21d 1 0.29mi
3722 Beehler Ave Baltimore, MD 3.0 2.5 1500 $1,850 $1.23 41d 1 0.29mi
3784 Columbus Dr Baltimore, MD 4.0 2.0 1250 $2,200 $1.76 73d 1 0.32mi
3735 Manchester Ave Baltimore, MD 2.0 1.0 1000 $1,350 $1.35 53d 1 0.32mi
4828 Beaufort Ave Baltimore, MD 2.0 2.5 1200 $1,850 $1.54 73d 1 0.38mi
2915 Oakford Ave Baltimore, MD 3.0 2.0 1102 $1,600 $1.45 67d 1 0.48mi
4037 Edgewood Rd Unit 1 Baltimore, MD 2.0 1.0 726 $1,100 $1.52 93d 1 0.49mi
2527 W Cold Spring Ln Baltimore, MD 3.0 2.0 1152 $1,695 $1.47 47d 1 0.49mi
3503 Oakmont Ave Apt 1 Baltimore, MD 2.0 2.0 838 $1,100 $1.31 21d 1 0.50mi
3501 Oakmont Ave #1 Baltimore, MD 2.0 1.0 915 $1,195 $1.31 41d 1 0.50mi
3501 Oakmont Ave Baltimore, MD 2.0 1.0 915 $1,195 $1.31 47d 1 0.50mi
2619 Loyola Northway Baltimore, MD 3.0 2.0 1400 $1,995 $1.43 73d 1 0.51mi
2635 Park Heights Ter Unit 1 Baltimore, MD 2.0 1.0 800 $1,200 $1.50 30d 1 0.51mi
2635 Park Heights Ter Unit 2 Baltimore, MD 3.0 1.0 800 $1,250 $1.56 30d 1 0.51mi
3904 Penhurst Ave Baltimore, MD 2.0 1.0 760 $1,175 $1.55 93d 1 0.53mi
5000 Litchfield Ave #1 Baltimore, MD 2.0 1.0 1100 $1,100 $1.00 93d 1 0.54mi
4008 Hilton Rd Unit 1st Fl Baltimore, MD 2.0 1.0 750 $1,295 $1.73 93d 1 0.55mi
3016 Thorndale Ave Baltimore, MD 2.0–3.0 1.0 770 $1,200 $1.56 18d 7 0.55mi
3312 Dorithan Rd Baltimore, MD 2.0 1.0 1452 $1,250 $0.86 23d 1 0.55mi
2924 Virginia Ave Baltimore, MD 3.0 2.0 1391 $2,100 $1.51 38d 1 0.57mi
2824 Edgecombe Cir S Baltimore, MD 2.0 2.0 950 $1,475 $1.55 71d 1 0.59mi
2454 W Cold Spring Ln Baltimore, MD 3.0 1.0 1200 $1,650 $1.38 73d 1 0.61mi
3003 W Garrison Ave Baltimore, MD 3.0 1.5 1004 $1,850 $1.84 21d 1 0.65mi
3908 Groveland Ave Apt F Baltimore, MD 2.0 1.0 815 $1,695 $2.08 93d 1 0.71mi
2415 Loyola Southway Baltimore, MD 3.0 1.5 1200 $2,033 $1.69 93d 1 0.71mi
5208 Denmore Ave Baltimore, MD 3.0 1.0 1100 $1,400 $1.27 21d 1 0.75mi
3508 Grantley Rd Baltimore, MD 2.0 1.0 1250 $1,350 $1.08 73d 1 0.76mi
4010 Fernhill Ave Unit 2 Baltimore, MD 2.0 1.0 1100 $1,500 $1.36 93d 1 0.77mi
3822 Pall Mall Rd Baltimore, MD 3.0 1.5 1320 $1,875 $1.42 93d 1 0.78mi
3701 Garrison Blvd Unit 3 Baltimore, MD 2.0 1.0 820 $1,200 $1.46 27d 1 0.79mi
4714 Greenspring Ave Baltimore, MD 2.0 1.0 890 $1,295 $1.46 93d 1 0.80mi
2530 Edgecombe Cir N Baltimore, MD 1.0–3.0 1.0 830 $1,325 $1.60 41d 7 0.81mi
5115 Pembridge Ave Baltimore, MD 3.0 2.0 1088 $2,150 $1.98 93d 1 0.84mi
3600 Garrison Blvd Apt T1 Baltimore, MD 2.0 1.0 800 $1,125 $1.41 52d 1 0.87mi
3600 Garrison Blvd Unit T2 Baltimore, MD 2.0 1.0 750 $1,149 $1.53 73d 1 0.87mi
4910 Poe Ave Unit 2 Baltimore, MD 2.0 1.0 750 $990 $1.32 73d 1 0.89mi
5301 Maple Ave Baltimore, MD 3.0 1.0 960 $1,700 $1.77 93d 1 0.91mi
5322 Nelson Ave Unit 5322-2 Baltimore, MD 2.0 1.0 714 $1,600 $2.24 41d 1 0.91mi

Listing history 30 events

  1. 2026-06-15
    days on market $120,000 Active 79 DOM
  2. 2026-06-13
    days on market $120,000 Active 77 DOM
  3. 2026-06-09
    days on market $120,000 Active 73 DOM
  4. 2026-06-08
    days on market $120,000 Active 72 DOM
  5. 2026-06-07
    days on market $120,000 Active 71 DOM
  6. 2026-06-04
    days on market $120,000 Active 68 DOM
  7. 2026-06-03
    days on market $120,000 Active 67 DOM
  8. 2026-06-02
    days on market $120,000 Active 66 DOM
  9. 2026-06-01
    days on market $120,000 Active 65 DOM
  10. 2026-05-31
    days on market $120,000 Active 64 DOM
  11. 2026-05-13
    price $120,000 564-char remark
    Show marketing remark (564 chars)

    Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

  12. 2026-05-13
    status Active 564-char remark
    Show marketing remark (564 chars)

    Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

  13. 2026-04-22
    historical 564-char remark
    Show marketing remark (564 chars)

    Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

  14. 2026-03-09
    listed $130,000 Active 564-char remark
    Show marketing remark (564 chars)

    Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

  15. 2026-02-26
    historical $130,000 564-char remark
    Show marketing remark (564 chars)

    Back on the market with a price improvement to $120,000! Licensed rooming house in Lucille Park with existing rental income in place and additional upside through two currently vacant rooms ready for immediate rental. Updated kitchen with newer cabinets, countertops and appliances, refreshed flooring throughout, central heat and air, and Baltimore City Rental License through December 2027. Strong opportunity for an investor seeking cash flow and value-add potential. Ground rent $90 semi-annually. Sold strictly as-is. Seller closing cost assistance available.

  16. 2024-11-07
    historical $875
  17. 2024-10-06
    listed $875
  18. 2024-08-28
    soldstatus $85,000
  19. 2024-08-02
    soldstatus $85,000 Closed 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  20. 2024-06-26
    historical Active Under Contract 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  21. 2024-06-14
    price $99,900 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  22. 2024-05-30
    price $110,000 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  23. 2024-05-02
    price $125,000 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  24. 2024-04-13
    listed $135,000 Active 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  25. 2024-04-13
    historical $135,000 588-char remark
    Show marketing remark (588 chars)

    Attention first-time homebuyers and astute investors alike! Step into this promising porch-front townhome, a haven of opportunity awaiting your personal touch. Newly renovated with pristine floors throughout, this residence beckons with the promise of a fresh start. Revel in the modernized kitchen featuring brand-new cabinets, countertops, and appliances, as well as the fully upgraded bathrooms and newer HVAC. Whether you're embarking on the journey of homeownership or seeking an investment opportunity, this property holds endless potential. Don't miss your chance to make it yours!

  26. 2023-12-28
    soldstatus $63,250
  27. 2023-12-08
    soldstatus $63,250 Closed
  28. 2023-11-18
    status Pending
  29. 2023-11-06
    listed $35,000 Active
  30. 2021-10-12
    soldstatus $103,000

ⓘ 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
$1,529 · $127/mo
Projected year-2 tax
$1,529 · $127/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 4/10 Moderate FEMA zone X (unshaded) · 21% 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 3/10 Moderate 3 unhealthy d/yr today · 4 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
$18,603
− Mortgage interest
−$6,722
− Property taxes
−$1,529
− Insurance
−$600
− Repairs & maintenance
−$1,488
− Management
−$1,488
− Depreciation
−$3,491
Taxable income
$3,285
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$788
After-tax cash flow
$4,227/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.

Condition & rehab AI · 9 photos

Good 75/100 Cosmetic rehab Est. rehab $5,500–$16,500 screening

This townhouse is in good condition with updated interiors and systems, making it a solid investment opportunity.

Value-add opportunities

  • Both landscaping — improved curb appeal and rental value
  • Both furniture — updated furniture enhances the home's appeal
  • Rental landlord insurance — protects rental income

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 4/100

Zoned Schools

Elementary Park Heights Academy F MD #826/860 Nat'l #41,309/41,679 High Forest Park High F MD #208/222 Nat'l #16,861/17,239

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
B Composite livability gradescore 76/100

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 · 624,249 people
City population
588,727
Metro
Baltimore-Columbia-Towson, MD
Population (ZIP)
52,229
Household income
$51,587
Rent vs Own
45.2% rent · 54.8% own
Severe rent burden
11% of renters

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 17% Hispanic / Latino 5% Two or more races 4% Asian 1%
Common ancestry
Scotch-Irish 2% Romanian 2% Italian 1%
Foreign-born
9% · Canada, South Korea
Languages at home
91% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 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

Price history

+16.5% since first listed
20 events — show timeline
  • 2026-05-13 Price Changed $120,000 BRIGHT MLS
  • 2026-05-13 Relisted BRIGHT MLS
  • 2026-04-22 Listing Removed BRIGHT MLS
  • 2026-03-09 Listed $130,000 BRIGHT MLS
  • 2026-02-26 Coming Soon $130,000 BRIGHT MLS
  • 2024-11-07 Rental Removed $875 Avail
  • 2024-10-06 Listed for Rent $875 Avail
  • 2024-08-28 Sold (Public Records) $85,000 Public Records
  • 2024-08-02 Sold (MLS) $85,000 BRIGHT MLS
  • 2024-06-26 Contingent BRIGHT MLS
  • 2024-06-14 Price Changed $99,900 BRIGHT MLS
  • 2024-05-30 Price Changed $110,000 BRIGHT MLS
  • 2024-05-02 Price Changed $125,000 BRIGHT MLS
  • 2024-04-13 Listed $135,000 BRIGHT MLS
  • 2024-04-13 Coming Soon $135,000 BRIGHT MLS
  • 2023-12-28 Sold (Public Records) $63,250 Public Records
  • 2023-12-08 Sold (MLS) $63,250 BRIGHT MLS
  • 2023-11-18 Pending BRIGHT MLS
  • 2023-11-06 Listed $35,000 BRIGHT MLS
  • 2021-10-12 Sold (Public Records) $103,000 Public Records

Property tax history

+5.3%/yr

Latest (2025): $1,529 · +21.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…