130 Collins Ave S · Baltimore, MD 21229

$93,000

3 bd · 1.0 ba · 1,232 sqft · Townhouse public records · 4 Days on market

Built 1920 Est $181k · 49% under

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

Listing remarks MLS

MULTIPLE OFFERS RECEIVED. Highest & best due by Friday. What's not to like about the potential here on a block that is presented so well? Lot's of happy homeowners here and you can join them. Spacious rooms throughout. Even a bump out in the upper level. And stained glass!!

Key facts

• Covered front porch
• Open floor plan
• Fenced yard

Tags

• COVERED FRONT PORCH
• OPEN FLOOR PLAN
• PANTRY CLOSET
• FENCED YARD
• DETACHED ONE CAR GARAGE

Property features AI

Finance

• HOA & community: Other fees frequency: Unknown

Exterior

• Parking: Detached garage (1 car); On-street parking; Total of 1 garage/parking space
• Utilities: Public water; Public sewer; Hot water: Natural gas; Heating fuel: Oil; Cooling fuel: Electric
• Home design: Interior townhouse/rowhouse; Above-grade living space (estimated finished area)
• Construction: Brick construction; Block foundation; Built-up roof; Other above-grade structures
• Exterior features: Porch(es); Garage(s) and shed on the property; Outside entrance to the basement; Two or more access exits

Interior

• Kitchen: Electric oven/range; Refrigerator; Garbage disposal; Eat-in kitchen with pantry
• Bedrooms: Three bedrooms on the upper level (Master bedroom plus two additional bedrooms)
• Bathrooms: One full bathroom on the upper level; One half bathroom on the main level
• Heating & cooling: Radiator heating (oil-fired); Window air conditioning units (electric)
• Interior features: Traditional floor plan with breakfast area and eat-in kitchen; Dining area; Tub with shower; Pantry; Six-panel doors; Estimated living area
• Laundry & utility: Washer/dryer hookups (lower floor laundry)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $93k.

Deal economics

• At list price, monthly cash flow is $661 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $93k).
• Cap rate 14.8% 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: 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 fast (+5.4%/yr); 256 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $643 of loan paydown is wiped out by about $3k 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 + 5.4% rent growth), your $26k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 30y 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 $61k; list at $93k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 24% 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 $93,000

Questions for the listing agent

1. Built in 1920 — 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: 1.88% ✓
• Cap rate: 14.82%
• Cash-on-cash: 30.45%
• DSCR: 2.35
• GRM: 4.4

CMA / ARV

• ARV (on-the-fly): $181,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
48 Hillvale Rd	0.47mi	3/1.5	1,224 (-1%)	2mo	$180,000	$147	74
40 Hillvale Rd	0.46mi	3/2.0	1,224 (-1%)	2mo	$230,000	$188	72
21 Culver St	0.40mi	2/2.0 (-1)	1,260 (+2%)	1mo	$210,000	$167	68
125 S Morley St S	0.41mi	3/1.5	1,350 (+10%)	2mo	$70,000	$52	61
300 Denison St	0.64mi	3/2.0	1,260 (+2%)	2mo	$205,000	$163	61
28 S Bernice Ave	0.74mi	3/1.0	1,280 (+4%)	1mo	$147,000	$115	58
101 Upmanor Rd	0.39mi	3/1.0	1,408 (+14%)	1mo	$205,000	$146	57
222 N Hilton St	0.66mi	3/1.0	1,120 (-9%)	1mo	$89,775	$80	53
209 Mount Holly St	0.45mi	3/2.0	1,080 (-12%)	2mo	$228,000	$211	53
156 S Hilton St	0.62mi	4/1.5 (+1)	1,320 (+7%)	2mo	$195,000	$148	51
107 N Monastery Ave	0.48mi	2/1.5 (-1)	1,080 (-12%)	2mo	$65,000	$60	48
4516 Pen Lucy Rd	0.52mi	3/2.0	1,416 (+15%)	2mo	$205,000	$145	45

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: 28.0%
• Equity multiple: 2.20×
• Total profit: $31,364
• Equity at exit: $13,867

10-year hold

• IRR: 36.9%
• Equity multiple: 4.85×
• Total profit: $100,219
• Equity at exit: $8,041

Cash invested: $26,040 (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: 256
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,744 high
• Mortgage (P&I): −$488
• Tax from tax record: −$191 /mo · $2,288/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $661

Break-even live

Break-even rent $908

Max offer price $93,000

Occupancy floor 57%

Sensitivity live

Price	-10% $713	-5% $687	+0% $661	+5% $634	+10% $608
Rent	-10% $523	-5% $592	+0% $661	+5% $730	+10% $799
Rate	-1.0pp $708	-0.5pp $684	base $661	+0.5pp $637	+1.0pp $612

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: $23,250
• Closing costs: $2,790
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	25d	1	0.11mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	45d	1	0.16mi
2 S Woodington Rd Baltimore, MD	2.0	1.0	856	$1,160	$1.36	16d	1	0.17mi
2 N Woodington Rd Baltimore, MD	1.0–2.0	1.0	738	$1,335	$1.81	4d	5	0.18mi
304 Collins Ave Unit 2 Baltimore, MD	3.0	1.0	1016	$2,100	$2.07	45d	1	0.27mi
111 Upmanor Rd Baltimore, MD	3.0	1.5	1224	$2,163	$1.77	45d	1	0.38mi
3607 W Lexington St Baltimore, MD	3.0	2.0	1050	$1,895	$1.80	6d	1	0.52mi
4301 Parkton St Baltimore, MD	1.0–3.0	1.0	730	$1,550	$2.12	45d	1	0.54mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	3d	1	0.55mi
4601 Pen Lucy Rd Unit 103-H Baltimore, MD	2.0	1.0	798	$1,315	$1.65	25d	1	0.55mi
4601 Pen Lucy Rd Unit 4714-B Baltimore, MD	2.0	1.0	730	$1,205	$1.65	16d	1	0.55mi
4601 Pen Lucy Rd Unit 4615-G Baltimore, MD	2.0	1.0	798	$1,200	$1.50	23d	1	0.56mi
3336 W Caton Ave Baltimore, MD	3.0	2.0	1236	$1,625	$1.31	25d	1	0.59mi
19 S Tremont Rd Baltimore, MD	3.0	1.0	1350	$1,850	$1.37	45d	1	0.59mi
41 N Kossuth St Baltimore, MD	3.0	2.0	1216	$1,800	$1.48	25d	1	0.60mi
3706 W Franklin St Unit 1 Baltimore, MD	2.0	1.0	735	$1,100	$1.50	6d	1	0.60mi
3310 Elbert St Baltimore, MD	2.0	1.0	920	$1,550	$1.68	25d	1	0.60mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	25d	1	0.61mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	12d	1	0.61mi
4520 Scarlet Oak Ln Baltimore, MD	2.0	1.0	1025	$1,500	$1.46	45d	1	0.64mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	4d	2	0.68mi
405 N Edgewood St Baltimore, MD	4.0	2.0	1408	$2,750	$1.95	0d	1	0.68mi
4431 Eldone Rd Baltimore, MD	3.0	2.0	896	$2,000	$2.23	25d	1	0.69mi
402 Colleen Rd Baltimore, MD	1.0–2.0	1.0	910	$1,450	$1.59	4d	11	0.71mi
3507 Edmondson Ave Baltimore, MD	4.0	2.0	1428	$2,300	$1.61	45d	1	0.74mi
4020 Gelston Dr Baltimore, MD	3.0	2.0	1270	$1,875	$1.48	45d	1	0.75mi
500 Lucia Ave Baltimore, MD	3.0	2.0	1472	$2,100	$1.43	18d	1	0.75mi
3423 Edmondson Ave Baltimore, MD	2.0	1.5	1400	$1,710	$1.22	45d	1	0.78mi
623 N Grantley St Baltimore, MD	4.0	2.0	1250	$2,000	$1.60	25d	1	0.79mi
3712 Gelston Dr Baltimore, MD	3.0	2.0	1250	$2,500	$2.00	25d	1	0.79mi
114 S Rock Glen Rd Baltimore, MD	4.0	1.5	1160	$2,350	$2.03	14d	1	0.80mi
738 Yale Ave Baltimore, MD	2.0	1.0	1346	$1,900	$1.41	25d	1	0.81mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	45d	1	0.84mi
730 Linnard St Unit 1 Baltimore, MD	4.0	1.0	1360	$1,750	$1.29	25d	1	0.87mi
586 Lucia Ave Baltimore, MD	3.0	1.5	1178	$2,100	$1.78	19d	1	0.88mi
3130 Stafford St Baltimore, MD	3.0	1.0	1200	$1,500	$1.25	22d	1	0.88mi
917 Kevin Rd Baltimore, MD	3.0	2.0	1151	$1,795	$1.56	3d	1	0.89mi
501 Hazlett Ave Baltimore, MD	2.0–3.0	1.5–2.0	1044	$1,750	$1.68	0d	8	0.90mi
565 Brisbane Rd Baltimore, MD	2.0	2.0	1146	$1,675	$1.46	25d	1	0.90mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	25d	1	0.92mi

Listing history 3 events

1. 2026-06-21
   days on market $93,000 Active 4 DOM
2. 2026-06-17
   remarks 699-char remark
3. 2026-06-17
   listed $93,000 Active 1 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: $2,288 · $191/mo
• Projected year-2 tax: $2,288 · $191/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 5/10 Major 24% 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: $20,931
• − Mortgage interest: −$5,209
• − Property taxes: −$2,288
• − Insurance: −$465
• − Repairs & maintenance: −$1,674
• − Management: −$1,674
• − Depreciation: −$2,705
• Taxable income: $6,913
• Est. tax owed @ 24.0%: −$1,659
• After-tax cash flow: $6,270/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

+272.0% since first listed

36 events — show timeline

• 2026-06-17 Listed $93,000 BRIGHT MLS
• 2022-09-23 Sold (Public Records) $61,450 Public Records
• 2017-11-18 Listing Removed — BRIGHT MLS
• 2017-11-14 Sold (MLS) $23,500 MRIS
• 2017-11-14 Sold (MLS) $23,500 BRIGHT MLS
• 2017-10-14 Pending — MRIS
• 2017-10-08 Delisted — MRIS
• 2017-08-28 Price Changed $27,900 MRIS
• 2017-07-25 Listed $32,900 MRIS
• 2017-07-25 Listed $27,900 BRIGHT MLS
• 2017-05-20 Listing Removed — BRIGHT MLS
• 2017-05-20 Delisted — MRIS
• 2017-05-12 Listed — MRIS
• 2017-05-12 Listed $32,900 BRIGHT MLS
• 2016-01-26 Delisted — MRIS
• 2016-01-26 Listing Removed — BRIGHT MLS
• 2015-02-10 Pending — MRIS
• 2015-01-29 Price Changed — MRIS
• 2015-01-29 Relisted — MRIS
• 2014-11-18 Pending — MRIS
• 2014-11-07 Listed — MRIS
• 2014-11-06 Listed $22,000 BRIGHT MLS
• 2013-09-07 Delisted — MRIS
• 2013-09-07 Listing Removed — BRIGHT MLS
• 2012-10-09 Price Changed — MRIS
• 2012-09-04 Listed — MRIS
• 2012-09-04 Listed $45,000 BRIGHT MLS
• 2006-03-14 Sold (Public Records) $80,000 Public Records
• 2006-02-07 Sold (MLS) $80,000 MRIS
• 2005-11-30 Delisted — MRIS
• 2005-11-11 Listed $85,000 MRIS
• 1996-10-24 Sold (Public Records) $39,900 Public Records
• 1996-10-14 Sold (MLS) $39,900 MRIS
• 1996-08-21 Delisted — MRIS
• 1996-07-17 Listed $39,900 MRIS
• 1987-08-05 Sold (Public Records) $25,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $2,288 · +11.1% YoY. Source: county tax records.