3330 Ravenwood Ave · Baltimore, MD 21213

$127,000

4 bd · 2.0 ba · 932 sqft · Townhouse public records · 23 Days on market

Built 1925 1,307 sqft lot Est $126k · at est.

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +7.1/15.0
• Appreciation +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0

Listing remarks

To Buy or Lease! Come check out this incredibly convenient 4 bedroom - 2 full bath home located in the up-town cultural hub of Baltimore is sure to please! Relax on the covered front porch or the deck out back with your morning coffee. It is a short trip away from Penn Station, The Lyric, The Meyerhoff Symphony, University of Baltimore, MICA (Maryland Institute of Art), BMA and Johns Hopkins Medical Center. The home also provides quick access to the 83 and route 95 corridors! Come take a look at this bright, freshly renovated home with new flooring throughout!

Key facts

• Built 1925
• Listed 22 days

Property features AI

Finance

• Other: Property condition listed as very good; Located in city limits (Baltimore City); Road frontage approximately 16 feet on blacktop city road; Bus stop within one mile
• Financial info: Fee simple ownership; Ground rent exists; Annual ground rent listed in income/expense items

Exterior

• Parking: On-street parking; Alley access
• Utilities: Public water; Public sewer; Electric service 200+ amp; Natural gas available; Electric available; Municipal trash collection; Cable internet available
• Home design: Interior townhouse/rowhouse; 2 stories; Main entrance faces southeast; Entry on floor 1
• Construction: Built/major remodel effective 2026 (estimated); Block and brick construction; CPVC/PVC used in construction; Flat roof; Block and brick/mortar foundation (permanent)
• Exterior features: Rear yard; Open lot; Landlocked parcel; Above- and below-grade structures

Interior

• Bedrooms: Four bedrooms on the main level
• Flooring: Carpet; Laminate plank flooring
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: 90% forced air heating; Central air conditioning; Electric hot water
• Interior features: Walk-in shower; Full finished basement (most of basement finished)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath townhouse listed at $127k.

Deal economics

• At list price, monthly cash flow is $567 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $127k).
• Recommended offer: $125k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.7% 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 (+5.2%/yr); 319 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• This rent runs 42% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $157 of equity ($878 loan paydown + $-721 appreciation (-0.6% local appreciation)).
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 5.2% rent growth), your $36k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $85k; 49% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — 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 $125,095 (1.5% below list)

Questions for the listing agent

1. Built in 1925 — 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 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?
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: 1.40% ✓
• Cap rate: 11.65%
• Cash-on-cash: 19.14%
• DSCR: 1.85
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $125,820
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3300 Elmley Ave	0.13mi	4/2.0	952 (+2%)	5mo	$161,000	$169	86
3215 Elmora Ave	0.09mi	4/1.5	896 (-4%)	5mo	$115,000	$128	83
3410 Elmora Ave	0.06mi	3/2.0 (-1)	896 (-4%)	4mo	$93,500	$104	83
3335 Lyndale Ave	0.06mi	4/3.0	896 (-4%)	5mo	$125,000	$140	82
3427 Ravenwood Ave	0.07mi	3/1.0 (-1)	896 (-4%)	0mo	$120,900	$135	81
3307 Elmora Ave	0.04mi	3/1.0 (-1)	896 (-4%)	3mo	$155,000	$173	80
3224 Elmora Ave	0.09mi	3/1.0 (-1)	896 (-4%)	5mo	$82,000	$92	76
3205 Ravenwood Ave	0.11mi	3/1.0 (-1)	896 (-4%)	6mo	$58,500	$65	75
3424 Elmley Ave	0.13mi	3/1.0 (-1)	896 (-4%)	6mo	$88,000	$98	74
3217 Ravenwood Ave	0.09mi	3/1.0 (-1)	1,046 (+12%)	4mo	$125,000	$120	63
3332 Brendan Ave	0.59mi	3/1.5 (-1)	870 (-7%)	1mo	$128,000	$147	54
1532 N Patterson Park Ave	0.71mi	3/2.0 (-1)	984 (+6%)	6mo	$199,000	$202	48

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

Projected returns pro-forma

-0.57% appreciation · 5.25% rent growth · sell at horizon

5-year hold

• IRR: 19.5%
• Equity multiple: 1.93×
• Total profit: $33,163
• Equity at exit: $33,311

10-year hold

• IRR: 25.9%
• Equity multiple: 3.98×
• Total profit: $106,028
• Equity at exit: $37,296

Cash invested: $35,560 (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 21213

• Home prices YoY: -0.1%
• Rents YoY: 5.2%
• Active inventory: 319
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,776 high
• Mortgage (P&I): −$666
• Tax from tax record: −$117 /mo · $1,409/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $567

Break-even live

Break-even rent $1,059

Max offer price $127,000

Occupancy floor 63%

Sensitivity live

Price	-10% $639	-5% $603	+0% $567	+5% $531	+10% $495
Rent	-10% $427	-5% $497	+0% $567	+5% $637	+10% $707
Rate	-1.0pp $631	-0.5pp $599	base $567	+0.5pp $534	+1.0pp $501

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3322 Ravenwood Ave Baltimore, MD	3.0	2.0	932	$1,800	$1.93	24d	1	0.04mi
3339 Elmora Ave Baltimore, MD	3.0	2.0	896	$1,600	$1.79	44d	1	0.05mi
3317 Lyndale Ave Baltimore, MD	3.0	1.0	900	$1,300	$1.44	44d	1	0.10mi
3218 Lyndale Ave Baltimore, MD	3.0	1.5	1020	$1,500	$1.47	24d	1	0.15mi
2311 E Lafayette Ave Baltimore, MD	3.0	1.0	1000	$1,400	$1.40	44d	1	0.56mi
2410 E Federal St Baltimore, MD	4.0	2.0	720	$2,200	$3.06	24d	1	0.59mi
4300 Orchard Ridge Blvd Baltimore, MD	1.0–3.0	1.0–2.0	1021	$1,809	$1.77	44d	1	0.91mi
1832 E 28th St Baltimore, MD	3.0	1.0	1066	$1,495	$1.40	24d	1	0.97mi
1627 Rutland Ave Baltimore, MD	3.0	2.0	1100	$1,950	$1.77	24d	1	0.97mi
2729 Ashland Ave Baltimore, MD	3.0	1.0	1000	$1,350	$1.35	3d	1	0.98mi
1519 E 28th St Baltimore, MD	3.0	2.0	1100	$1,350	$1.23	44d	1	1.14mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	44d	1	1.23mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	15d	1	1.23mi
517 N Rose St Baltimore, MD	3.0	1.0	845	$1,400	$1.66	5d	1	1.25mi
2310 Aisquith St Baltimore, MD	4.0	3.0	900	$2,000	$2.22	5d	1	1.28mi
1607 Hakesley Pl Baltimore, MD	3.0	1.0	720	$1,400	$1.94	44d	1	1.28mi
2308 Jefferson St Baltimore, MD	3.0	1.0	907	$1,450	$1.60	44d	1	1.33mi
437 N Montford Ave Baltimore, MD	3.0	1.5	1100	$1,450	$1.32	44d	1	1.35mi

Listing history 15 events

1. 2026-06-21
   days on market $127,000 Active 23 DOM
2. 2026-06-18
   days on market $127,000 Active 20 DOM
3. 2026-06-17
   days on market $127,000 Active 19 DOM
4. 2026-06-16
   days on market $127,000 Active 18 DOM
5. 2026-06-15
   days on market $127,000 Active 17 DOM
6. 2026-06-13
   days on market $127,000 Active 15 DOM
7. 2026-06-09
   days on market $127,000 Active 11 DOM
8. 2026-06-08
   days on market $127,000 Active 10 DOM
9. 2026-06-07
   days on market $127,000 Active 9 DOM
10. 2026-06-04
    days on market $127,000 Active 6 DOM
11. 2026-06-03
    days on market $127,000 Active 5 DOM
12. 2026-06-02
    remarks 566-char remark
13. 2026-06-02
    days on market $127,000 Active 4 DOM
14. 2026-06-01
    days on market $127,000 Active 3 DOM
15. 2026-05-31
    days on market $127,000 Active 2 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: $1,409 · $117/mo
• Projected year-2 tax: $1,409 · $117/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 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,318
• − Mortgage interest: −$7,114
• − Property taxes: −$1,409
• − Insurance: −$635
• − Repairs & maintenance: −$1,705
• − Management: −$1,705
• − Depreciation: −$3,695
• Taxable income: $5,054
• Est. tax owed @ 24.0%: −$1,213
• After-tax cash flow: $5,592/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 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): 28,058
• Household income: $51,344
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 1868.0

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 (86%)
• Race & ethnicity: Black 86% White 6% Hispanic / Latino 4% Two or more races 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -0.57%
• Current HPI: 427.4453
• Rent YoY: ▲ 5.25%
• 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

+605.6% since first listed

45 events — show timeline

• 2026-05-29 Listed $127,000 BRIGHT MLS
• 2026-05-01 Listing Removed — BRIGHT MLS
• 2026-04-17 Price Changed $161,000 BRIGHT MLS
• 2026-03-16 Price Changed $179,900 BRIGHT MLS
• 2026-01-22 Listed $189,900 BRIGHT MLS
• 2026-01-14 Coming Soon — BRIGHT MLS
• 2025-12-27 Listed $220,000 BRIGHT MLS
• 2025-12-27 Listing Removed — BRIGHT MLS
• 2024-01-31 Sold (Public Records) $85,000 Public Records
• 2023-12-15 Sold (MLS) $85,000 BRIGHT MLS
• 2023-11-01 Contingent — BRIGHT MLS
• 2023-10-02 Listed $90,000 BRIGHT MLS
• 2023-09-29 Price Changed $90,000 BRIGHT MLS
• 2023-09-27 Coming Soon $88,500 BRIGHT MLS
• 2018-02-07 Listing Removed — BRIGHT MLS
• 2018-02-07 Delisted — MRIS
• 2017-11-11 Price Changed — MRIS
• 2017-09-23 Price Changed — MRIS
• 2017-08-17 Listed $89,000 BRIGHT MLS
• 2017-08-17 Listing Removed — BRIGHT MLS
• 2017-08-17 Listed — MRIS
• 2017-08-17 Delisted — MRIS
• 2017-08-15 Listed — MRIS
• 2017-08-15 Listed $75,000 BRIGHT MLS
• 2016-03-22 Delisted — MRIS
• 2016-03-21 Listing Removed — BRIGHT MLS
• 2015-06-21 Relisted — MRIS
• 2015-06-21 Delisted — MRIS
• 2015-06-21 Relisted — MRIS
• 2015-06-01 Delisted — MRIS
• 2015-05-01 Price Changed — MRIS
• 2015-03-22 Listed — MRIS
• 2015-03-22 Listed $72,000 BRIGHT MLS
• 2008-10-08 Delisted — MRIS
• 2008-08-18 Price Changed — MRIS
• 2008-06-16 Listed — MRIS
• 2007-12-07 Delisted — MRIS
• 2007-06-07 Listed — MRIS
• 2006-05-25 Sold (Public Records) $84,000 Public Records
• 2004-12-22 Sold (Public Records) $34,900 Public Records
• 2004-12-16 Sold (MLS) $34,900 MRIS
• 2004-11-29 Delisted — MRIS
• 2004-11-29 Listed $34,900 MRIS
• 1989-04-12 Sold (Public Records) $20,000 Public Records
• 1982-02-04 Sold (Public Records) $18,000 Public Records

Property tax history

-1.1%/yr

Latest (2025): $1,409 · +15.4% YoY. Source: county tax records.