905 Kevin Road Rd · Baltimore, MD 21229

$215,000

3 bd · 1.0 ba · 1,352 sqft · Townhouse public records · 20 Days on market

Built 1952 1,742 sqft lot Est $157k · 37% over

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Why this score? — see what drove the F 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 +14.5/30.0
• DSCR +4.4/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newly renovated townhome including brand new roof! This amazing property features 3 beds and 2 baths right in the heart of Edmonson Village and only a short drive to downtown. Do not miss out on this amazing property!

Key facts

• Covered front porch
• Hvac unit replaced
• Modern appliances

Tags

• COVERED FRONT PORCH
• AMPLE BACKYARD SPACE
• MODERN APPLIANCES
• ROOF REPLACED
• WATER HEATER REPLACED
• HVAC UNIT REPLACED

Property features AI

Finance

• HOA & community: Ground rent paid annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Brick construction; Brick/mortar foundation
• Exterior features: Partially finished basement with rear entrance and connecting stairway; Below-grade finished area approximately 200; Above-grade finished area approximately 1,152; Not in a federal flood zone

Interior

• Kitchen: Kitchen
• Bedrooms: Three bedrooms on the upper level (second/upper level)
• Bathrooms: Two full bathrooms (one on upper level, one on lower level); One half bathroom on the lower level
• Heating & cooling: Radiator heat; Natural gas for heating and hot water
• Interior features: Dining area; Living room; Dining room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $215k.

Deal economics

• At list price, monthly cash flow is $45 ($545/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 $184k (14.4% below list).
• Recommended offer: $184k (14.4% below list) — sets the bar for 1% rule.

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); 42% 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 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 $6k 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 20 days — a 2% lower offer ($212k) 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 $180k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 23% 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 $183,959 (14.4% below list)

Questions for the listing agent

1. Built in 1952 — 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. 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?
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: 0.86% ✗
• Cap rate: 6.55%
• Cash-on-cash: 0.91%
• DSCR: 1.04
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $156,832
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1000 Mount Holly St	0.43mi	3/1.5	1,290 (-5%)	1mo	$93,000	$72	70
1007 Wildwood Pkwy	0.26mi	3/1.0	1,216 (-10%)	2mo	$111,100	$91	70
3707 Colborne Rd	0.48mi	3/2.0	1,400 (+4%)	1mo	$220,000	$157	67
3821 Stokes Dr	0.42mi	3/2.0	1,254 (-7%)	1mo	$145,000	$116	63
101 Upmanor Rd	0.66mi	3/1.0	1,408 (+4%)	1mo	$205,000	$146	62
1226 N Augusta Ave	0.25mi	3/2.0	1,536 (+14%)	0mo	$212,000	$138	61
3806 Rokeby Rd	0.42mi	3/1.0	1,160 (-14%)	2mo	$120,000	$103	55
733 Lyndhurst St	0.38mi	3/1.5	1,550 (+15%)	2mo	$85,000	$55	54
509 Normandy Ave	0.47mi	4/2.5 (+1)	1,458 (+8%)	1mo	$212,000	$145	53
4516 Pen Lucy Rd	0.73mi	3/2.0	1,416 (+5%)	2mo	$205,000	$145	53
3716 Edmondson Ave	0.53mi	4/1.0 (+1)	1,512 (+12%)	2mo	$130,000	$86	49
517 N Edgewood St	0.74mi	4/2.5 (+1)	1,430 (+6%)	2mo	$90,000	$63	44

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: -12.4%
• Equity multiple: 0.54×
• Total profit: $-27,456
• Equity at exit: $32,057

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-833
• Equity at exit: $18,589

Cash invested: $60,200 (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: 9.7×

Monthly cashflow live

• Estimated rent: $1,840 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$191 /mo · $2,289/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $45

Break-even live

Break-even rent $1,782

Max offer price $215,000

Occupancy floor 93%

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
917 Kevin Rd Baltimore, MD	3.0	2.0	1151	$1,795	$1.56	2d	1	0.04mi
1216 N Augusta Ave Baltimore, MD	3.0	1.0	1024	$1,550	$1.51	24d	1	0.26mi
4020 Gelston Dr Baltimore, MD	3.0	2.0	1270	$1,875	$1.48	44d	1	0.27mi
4113 Mountwood Rd Baltimore, MD	3.0	1.0	1520	$1,795	$1.18	44d	1	0.30mi
4103 Mountwood Rd Baltimore, MD	3.0	2.0	1030	$1,700	$1.65	44d	1	0.31mi
3935 Stokes Dr #1 Baltimore, MD	2.0	1.0	1150	$1,400	$1.22	44d	1	0.40mi
4520 Scarlet Oak Ln Baltimore, MD	2.0	1.0	1025	$1,500	$1.46	44d	1	0.44mi
3712 Gelston Dr Baltimore, MD	3.0	2.0	1250	$2,500	$2.00	24d	1	0.47mi
409 Normandy Ave Baltimore, MD	4.0	1.0	1640	$1,500	$0.91	24d	1	0.50mi
623 N Grantley St Baltimore, MD	4.0	2.0	1250	$2,000	$1.60	24d	1	0.60mi
111 Upmanor Rd Baltimore, MD	3.0	1.5	1224	$2,163	$1.77	44d	1	0.63mi
3706 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1540	$1,350	$0.88	44d	1	0.64mi
730 Linnard St Unit 1 Baltimore, MD	4.0	1.0	1360	$1,750	$1.29	24d	1	0.65mi
798 N Grantley St Baltimore, MD	3.0	2.0	1360	$2,295	$1.69	24d	1	0.68mi
3507 Edmondson Ave Baltimore, MD	4.0	2.0	1428	$2,300	$1.61	44d	1	0.68mi
787 N Grantley St Baltimore, MD	3.0	1.0	1116	$1,575	$1.41	24d	1	0.69mi
780 Linnard St Baltimore, MD	3.0	2.0	1224	$1,590	$1.30	44d	1	0.71mi
3423 Edmondson Ave Baltimore, MD	2.0	1.5	1400	$1,710	$1.22	44d	1	0.74mi
3607 W Lexington St Baltimore, MD	3.0	2.0	1050	$1,895	$1.80	4d	1	0.75mi
405 N Edgewood St Baltimore, MD	4.0	2.0	1408	$2,950	$2.10	4d	1	0.76mi
202 N Edgewood St Baltimore, MD	3.0	2.0	1710	$2,250	$1.32	24d	1	0.78mi
3709 Nortonia Rd #2 Baltimore, MD	2.0	1.0	1289	$1,450	$1.12	18d	1	0.86mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	2d	1	0.87mi
117 Collins Ave Baltimore, MD	3.0	3.0	1617	$2,350	$1.45	44d	1	0.89mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	3d	2	0.89mi
3238 Westmont Ave Baltimore, MD	3.0	1.0	1280	$1,600	$1.25	44d	1	0.95mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	24d	1	0.96mi
41 N Kossuth St Baltimore, MD	3.0	2.0	1216	$1,800	$1.48	24d	1	0.98mi
3309 Brighton St Baltimore, MD	3.0	1.0	1134	$1,700	$1.50	44d	1	0.99mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	44d	1	1.00mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	11d	1	1.01mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	24d	1	1.01mi
19 S Tremont Rd Baltimore, MD	3.0	1.0	1350	$1,850	$1.37	44d	1	1.03mi
1042 Ellicott Dr Baltimore, MD	2.0	1.0	900	$1,450	$1.61	44d	1	1.04mi
3310 Elbert St Baltimore, MD	2.0	1.0	920	$1,550	$1.68	24d	1	1.05mi
2103 Chelsea Ter Unit 1 Baltimore, MD	2.0	2.0	1500	$2,200	$1.47	15d	1	1.07mi
2103 Chelsea Ter Unit 2 Baltimore, MD	3.0	1.5	1500	$2,100	$1.40	15d	1	1.07mi
1513 N Ellamont St Baltimore, MD	3.0	1.0	1700	$1,700	$1.00	24d	1	1.09mi
3336 W Caton Ave Baltimore, MD	3.0	2.0	1236	$1,625	$1.31	24d	1	1.09mi
3015 Rayner Ave Baltimore, MD	3.0	1.0	1152	$1,350	$1.17	44d	1	1.11mi

Listing history 13 events

1. 2026-06-18
   days on market $215,000 Active 20 DOM
2. 2026-06-17
   days on market $215,000 Active 19 DOM
3. 2026-06-16
   pricedays on market $215,000 Active 18 DOM
4. 2026-06-15
   days on market $220,000 Active 17 DOM
5. 2026-06-13
   days on market $220,000 Active 15 DOM
6. 2026-06-09
   days on market $220,000 Active 11 DOM
7. 2026-06-08
   days on market $220,000 Active 10 DOM
8. 2026-06-07
   days on market $220,000 Active 9 DOM
9. 2026-06-04
   days on market $220,000 Active 6 DOM
10. 2026-06-03
    days on market $220,000 Active 5 DOM
11. 2026-06-02
    days on market $220,000 Active 4 DOM
12. 2026-06-01
    days on market $220,000 Active 3 DOM
13. 2026-05-31
    days on market $220,000 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: $2,289 · $191/mo
• Projected year-2 tax: $2,316 · $193/mo
• Expected delta: +$27/yr (+$2/mo · 1.2%)

ⓘ 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 23% 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: $22,075
• − Mortgage interest: −$12,043
• − Property taxes: −$2,289
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,766
• − Management: −$1,766
• − Depreciation: −$6,255
• Taxable loss: −$3,119
• Est. tax savings @ 24.0%: +$749
• After-tax cash flow: $1,294/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

+267.3% since first listed

48 events — show timeline

• 2026-05-29 Listed $220,000 BRIGHT MLS
• 2026-04-12 Rental Removed $1,899 APPFOLIO
• 2026-02-26 Price Changed $1,899 APPFOLIO
• 2026-02-19 Listed for Rent $1,950 APPFOLIO
• 2025-02-07 Rental Removed $1,950 APPFOLIO
• 2024-09-17 Listed for Rent $1,950 APPFOLIO
• 2024-07-10 Sold (MLS) $179,900 BRIGHT MLS
• 2024-05-28 Pending — BRIGHT MLS
• 2024-05-15 Price Changed $179,900 BRIGHT MLS
• 2024-05-08 Price Changed $182,500 BRIGHT MLS
• 2024-05-01 Price Changed $185,000 BRIGHT MLS
• 2024-04-24 Price Changed $187,500 BRIGHT MLS
• 2024-04-18 Relisted — BRIGHT MLS
• 2024-03-18 Pending — BRIGHT MLS
• 2024-03-17 Price Changed $190,000 BRIGHT MLS
• 2024-03-12 Coming Soon $175,000 BRIGHT MLS
• 2011-08-03 Sold (MLS) $30,000 BRIGHT MLS
• 2011-08-03 Sold (MLS) $30,000 MRIS
• 2011-07-07 Pending — MRIS
• 2011-07-07 Listing Removed — BRIGHT MLS
• 2011-06-14 Relisted — MRIS
• 2011-05-20 Pending — MRIS
• 2011-04-15 Price Changed $49,900 MRIS
• 2011-04-06 Relisted — MRIS
• 2011-03-18 Pending — MRIS
• 2011-02-18 Price Changed $52,900 MRIS
• 2011-02-17 Listed $59,900 MRIS
• 2011-02-17 Listed $49,900 BRIGHT MLS
• 2011-02-16 Listing Removed — BRIGHT MLS
• 2011-02-16 Delisted — MRIS
• 2011-01-17 Price Changed — MRIS
• 2011-01-05 Relisted — MRIS
• 2011-01-02 Delisted — MRIS
• 2010-12-28 Price Changed — MRIS
• 2010-12-10 Price Changed — MRIS
• 2010-12-02 Listed — MRIS
• 2010-12-02 Listed $59,900 BRIGHT MLS
• 2010-10-23 Delisted — MRIS
• 2010-10-23 Listing Removed — BRIGHT MLS
• 2010-09-22 Listed — MRIS
• 2010-09-22 Listed $79,900 BRIGHT MLS
• 2006-04-05 Sold (Public Records) $80,000 Public Records
• 2005-04-29 Sold (MLS) $80,000 MRIS
• 2005-04-05 Delisted — MRIS
• 2005-02-01 Listed $89,900 MRIS
• 2005-01-28 Sold (MLS) $62,500 MRIS
• 2005-01-04 Delisted — MRIS
• 2004-11-15 Listed $59,900 MRIS

Property tax history

-0.1%/yr

Latest (2025): $2,289 · +119.7% YoY. Source: county tax records.