1417 Mosher St · Baltimore, MD 21217

$30,000

3 bd · 1.0 ba · 1,968 sqft · Townhouse public records · 49 Days on market

Built 1910 1,307 sqft lot $15/sqft · 80% below area ↓ 54% since listing

---

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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +4.2/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

TENANT OCCUPIED at $575 per month. ADVANCE NOTICE REQUIRED FOR SHOWING. SOLD AS IS. DELETE PARA 11 AND 12. LB HOLDS EARNEST MONEY. Evenings after 6 or during the weekend for showings. Thanks.

Key facts

• Built 1910
• Listed 49 days

Property features AI

Finance

• Other: Total below-grade area approximately 704 (unfinished); Above-grade finished area approximately 1,968 (estimated)
• Financial info: Ownership is subject to ground rent; Annual ground rent listed in income/expense information

Exterior

• Parking: On-street parking
• Utilities: Public water; Public septic
• Home design: End of row townhouse; Year built estimated
• Construction: Brick construction; Other foundation
• Exterior features: Not in a federal flood zone; Ground rent exists (approximately $70 annually); Above-grade and below-grade structures noted

Interior

• Bedrooms: Three bedrooms on the first upper level
• Bathrooms: One full bathroom (on first upper level and total)
• Heating & cooling: Other heating; Other cooling; Other cooling fuel; Other heating fuel; Other hot water
• Interior features: Estimated living area; Basement present (other type)

🏷️ Possibly a rental listed for sale. The $30,000 price doesn't fit this home's estimated sale value (~$150,511) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $30k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $30k).
• Recommended offer: $29k (3.0% below list) — sets the bar for market timing.
• Cap rate 59.8% 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 (+6.6%/yr); 331 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $1,923/mo this rent would consume 60% of the median local household income ($38k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $207 of loan paydown is wiped out by about $900 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 + 6.6% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 27y 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.

Risks & watch-outs

• Watch-outs: built in 1910 — 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 $29,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 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 1910 — 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. 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?
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: 6.41% ✓
• Cap rate: 59.80%
• Cash-on-cash: 191.08%
• DSCR: 9.50
• GRM: 1.3

CMA / ARV

• ARV (median comp): $150,511
• List price: $30,000
• Delta: -80.07%
• 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
1336 Division St	0.56mi	3/3.0	2,002 (+2%)	3mo	$342,800	$171	60
1501 N Payson St N	0.60mi	4/2.0 (+1)	2,000 (+2%)	4mo	$162,000	$81	57
1520 Appleton St	0.60mi	3/3.5	1,920 (-2%)	4mo	$215,000	$112	54
1340 Division St	0.56mi	3/3.0	2,098 (+7%)	2mo	$290,520	$138	53
1342 Division St	0.56mi	3/3.0	2,098 (+7%)	3mo	$315,000	$150	52
329 N Gilmor St	0.49mi	4/2.5 (+1)	2,066 (+5%)	6mo	$315,000	$152	52
536 Laurens St	0.51mi	3/3.0	1,768 (-10%)	0mo	$250,000	$141	51
105 N Fulton Ave	0.73mi	4/2.0 (+1)	2,000 (+2%)	6mo	$50,000	$25	50
2318 W Lanvale St	0.75mi	4/2.5 (+1)	1,884 (-4%)	2mo	$180,000	$96	45
900 Argyle Ave	0.75mi	4/3.5 (+1)	2,000 (+2%)	6mo	$240,000	$120	43
608 Cumberland St	0.63mi	3/2.0	1,700 (-14%)	2mo	$90,000	$53	42
703 George St	0.67mi	4/3.5 (+1)	2,160 (+10%)	5mo	$285,000	$132	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 · 6.63% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 11.43×
• Total profit: $87,621
• Equity at exit: $4,473

10-year hold

• IRR: —
• Equity multiple: 26.98×
• Total profit: $218,237
• Equity at exit: $2,594

Cash invested: $8,400 (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 21217

• Rents YoY: 6.6%
• Active inventory: 331
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $1,923 high
• Mortgage (P&I): −$157
• Tax from tax record: −$12 /mo · $141/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $1,338

Break-even live

Break-even rent $230

Max offer price $30,000

Occupancy floor 25%

Sensitivity live

Price	-10% $1,355	-5% $1,346	+0% $1,338	+5% $1,329	+10% $1,321
Rent	-10% $1,186	-5% $1,262	+0% $1,338	+5% $1,414	+10% $1,489
Rate	-1.0pp $1,353	-0.5pp $1,345	base $1,338	+0.5pp $1,330	+1.0pp $1,322

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: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1613 Riggs Ave Baltimore, MD	3.0	2.5	1800	$1,800	$1.00	24d	1	0.16mi
1509 Edmondson Ave #1 Baltimore, MD	3.0	2.0	1600	$2,275	$1.42	24d	1	0.33mi
1625 Edmondson Ave Unit 2 Baltimore, MD	4.0	3.0	1500	$1,895	$1.26	13d	1	0.36mi
1625 Edmondson Ave Unit 1 Baltimore, MD	4.0	3.0	1500	$2,175	$1.45	5d	1	0.36mi
1012 W Lanvale St Baltimore, MD	2.0	2.0	2008	$1,925	$0.96	24d	1	0.37mi
1315 Presstman St Baltimore, MD	4.0	2.0	1700	$2,000	$1.18	44d	1	0.37mi
1516 N Mount St Baltimore, MD	3.0	1.5	1830	$1,750	$0.96	15d	1	0.46mi
1032 W Franklin St Baltimore, MD	4.0	4.5	1913	$2,650	$1.39	24d	1	0.50mi
549 Mosher St Baltimore, MD	3.0	1.0	2200	$1,350	$0.61	44d	1	0.51mi
1616 N Fulton Ave Baltimore, MD	3.0	2.0	1620	$1,795	$1.11	5d	1	0.57mi
1501 N Payson St Baltimore, MD	3.0	1.0	1400	$1,550	$1.11	44d	1	0.58mi
1725 Druid Hill Ave Baltimore, MD	4.0	3.0	2195	$2,100	$0.96	24d	1	0.59mi
2028 Druid Hill Ave Baltimore, MD	3.0	2.5	1437	$1,799	$1.25	11d	1	0.60mi
2028 Druid Hill Ave Unit 1 Baltimore, MD	3.0	2.5	1437	$1,750	$1.22	3d	1	0.60mi
1628 McCulloh St Unit 2 Baltimore, MD	4.0	2.5	2000	$2,000	$1.00	5d	1	0.62mi
1846 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1250	$1,300	$1.04	44d	1	0.63mi
1518 1/2 W Lexington St Baltimore, MD	2.0	2.0	1650	$1,200	$0.73	5d	1	0.63mi
519 Sanford Pl Baltimore, MD	3.0	1.0	1300	$1,650	$1.27	17d	1	0.64mi
1814 Penrose Ave Baltimore, MD	3.0	1.0	1624	$1,700	$1.05	18d	1	0.65mi
2020 McCulloh St Unit 1 Baltimore, MD	2.0	2.0	2440	$1,650	$0.68	44d	1	0.65mi
2020 McCulloh St Unit 2 Baltimore, MD	2.0	2.0	2440	$1,950	$0.80	44d	1	0.65mi
918 N Bentalou St Baltimore, MD	3.0	1.5	1485	$1,750	$1.18	44d	1	0.69mi
2012 W Saratoga St Baltimore, MD	3.0	1.0	1300	$1,700	$1.31	24d	1	0.71mi
2303 Calverton Heights Ave Baltimore, MD	4.0	2.0	1314	$2,250	$1.71	24d	1	0.71mi
1702 Eutaw Pl Baltimore, MD	2.0	2.0	2000	$1,550	$0.78	18d	1	0.74mi
1205 Clendenin St Baltimore, MD	3.0	1.5	1560	$800	$0.51	24d	1	0.76mi
101 N Schroeder St Baltimore, MD	3.0	1.0–2.0	1037	$3,185	$3.07	3d	12	0.78mi
1829 Eutaw Pl Unit B Baltimore, MD	2.0	2.0	1278	$2,100	$1.64	5d	1	0.79mi
1839 W Fayette St Baltimore, MD	3.0	1.5	1426	$1,675	$1.17	24d	1	0.79mi
2409 Francis St Baltimore, MD	3.0	1.0	1298	$1,500	$1.16	44d	1	0.80mi
2614 Pennsylvania Ave Baltimore, MD	1.0–3.0	1.0–2.0	982	$1,141	$1.16	5d	4	0.81mi
2505 Woodbrook Ave Baltimore, MD	4.0	2.0	1256	$1,745	$1.39	2d	1	0.87mi
1000 Hollins St Unit 1000 Hollins Baltimore, MD	3.0	2.5	1472	$2,600	$1.77	45d	1	0.92mi
1328 W Lombard St Baltimore, MD	3.0	3.5	2312	$3,600	$1.56	13d	1	0.92mi
2339 Eutaw Pl Ste 1 Baltimore, MD	2.0	1.0	1300	$1,275	$0.98	44d	1	0.92mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	24d	1	0.95mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	11d	1	0.95mi
1138 W Lombard St Baltimore, MD	3.0	3.5	2400	$1,795	$0.75	24d	1	0.95mi
1617-A Moreland Ave Unit 2nd Flr Baltimore, MD	2.0	1.0	1500	$1,400	$0.93	44d	1	0.95mi
1427 Bolton St Unit 2 Baltimore, MD	2.0	2.0	1802	$3,600	$2.00	5d	1	0.95mi

Listing history 32 events

1. 2026-06-18
   days on market $30,000 Active 49 DOM
2. 2026-06-17
   days on market $30,000 Active 48 DOM
3. 2026-06-16
   days on market $30,000 Active 47 DOM
4. 2026-06-15
   days on market $30,000 Active 46 DOM
5. 2026-06-13
   days on market $30,000 Active 44 DOM
6. 2026-06-09
   days on market $30,000 Active 40 DOM
7. 2026-06-08
   days on market $30,000 Active 39 DOM
8. 2026-06-07
   days on market $30,000 Active 38 DOM
9. 2026-06-04
   days on market $30,000 Active 35 DOM
10. 2026-06-03
    days on market $30,000 Active 34 DOM
11. 2026-06-02
    days on market $30,000 Active 33 DOM
12. 2026-06-01
    days on market $30,000 Active 32 DOM
13. 2026-05-31
    days on market $30,000 Active 31 DOM
14. 2026-04-30
    listed $30,000 Active 110-char remark
15. 2024-10-23
    historical
16. 2024-04-22
    listed $60,000 Active
17. 2024-04-12
    historical
18. 2005-11-22
    soldstatus $38,000

    Show marketing remark (191 chars)

    TENANT OCCUPIED at $575 per month. ADVANCE NOTICE REQUIRED FOR SHOWING. SOLD AS IS. DELETE PARA 11 AND 12. LB HOLDS EARNEST MONEY. Evenings after 6 or during the weekend for showings. Thanks.

19. 2005-11-08
    historical

    Show marketing remark (191 chars)

    TENANT OCCUPIED at $575 per month. ADVANCE NOTICE REQUIRED FOR SHOWING. SOLD AS IS. DELETE PARA 11 AND 12. LB HOLDS EARNEST MONEY. Evenings after 6 or during the weekend for showings. Thanks.

20. 2005-07-11
    listed $45,000

    Show marketing remark (191 chars)

    TENANT OCCUPIED at $575 per month. ADVANCE NOTICE REQUIRED FOR SHOWING. SOLD AS IS. DELETE PARA 11 AND 12. LB HOLDS EARNEST MONEY. Evenings after 6 or during the weekend for showings. Thanks.

21. 2002-04-25
    soldstatus $1,200
22. 2002-04-10
    historical
23. 2002-02-05
    listed $1,900
24. 2001-07-23
    historical
25. 2001-01-28
    listed
26. 2001-01-03
    historical
27. 2000-10-05
    listed
28. 2000-09-19
    historical
29. 2000-07-14
    listed
30. 2000-05-31
    historical
31. 1999-10-04
    listed
32. 1991-03-22
    soldstatus $65,000

ⓘ 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: $141 · $12/mo
• Projected year-2 tax: $234 · $19/mo
• Expected delta: +$93/yr (+$8/mo · 66.0%)

ⓘ 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: $23,075
• − Mortgage interest: −$1,680
• − Property taxes: −$141
• − Insurance: −$150
• − Repairs & maintenance: −$1,846
• − Management: −$1,846
• − Depreciation: −$873
• Taxable income: $16,539
• Est. tax owed @ 24.0%: −$3,969
• After-tax cash flow: $12,081/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): 30,792
• Household income: $38,409
• Rent vs Own: 70.0% rent · 30.0% own
• Severe rent burden: 2921.0

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 (81%)
• Race & ethnicity: Black 81% White 12% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 1% Hispanic 1% Italian 1%
• Foreign-born: 5% · Canada, China, South Korea
• Languages at home: 94% English-only · Spanish 2% French/Haitian/Cajun 1% Chinese 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: ▼ -187.20%
• Current HPI: 104.2102
• Rent YoY: ▲ 6.63%
• 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

-53.8% since first listed

19 events — show timeline

• 2026-04-30 Listed $30,000 BRIGHT MLS
• 2024-10-23 Listing Removed — BRIGHT MLS
• 2024-04-22 Listed $60,000 BRIGHT MLS
• 2024-04-12 Coming Soon — BRIGHT MLS
• 2005-11-22 Sold (MLS) $38,000 MRIS
• 2005-11-08 Delisted — MRIS
• 2005-07-11 Listed $45,000 MRIS
• 2002-04-25 Sold (MLS) $1,200 MRIS
• 2002-04-10 Delisted — MRIS
• 2002-02-05 Listed $1,900 MRIS
• 2001-07-23 Delisted — MRIS
• 2001-01-28 Listed — MRIS
• 2001-01-03 Delisted — MRIS
• 2000-10-05 Listed — MRIS
• 2000-09-19 Delisted — MRIS
• 2000-07-14 Listed — MRIS
• 2000-05-31 Delisted — MRIS
• 1999-10-04 Listed — MRIS
• 1991-03-22 Sold (Public Records) $65,000 Public Records

Property tax history

-0.8%/yr

Latest (2025): $141 · +0.0% YoY. Source: county tax records.