4719 Williston St · Baltimore, MD 21229

$175,000

3 bd · 1.5 ba · 1,008 sqft · Townhouse public records · 51 Days on market

Built 1958 1,911 sqft lot $174/sqft · 13% below area Est $202k · 13% under

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Why this score? — see what drove the C 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 +19.0/30.0
• ARV discount +13.5/15.0
• DSCR +6.0/10.0
• 1% rule +5.4/10.0
• 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

Key facts

• Built 1958
• Listed 51 days

Property features AI

Finance

• Financial info: Ownership interest: Ground rent (annual payment); Ground rent amount paid annually

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Electric cooling; Natural gas for heating and hot water
• Home design: End-of-row townhouse
• Construction: Brick construction; Brick/mortar foundation; Fiberglass roof; Built year recorded by assessor
• Exterior features: Porch(es); Sidewalks; Partial fencing; Partially finished walkout basement

Interior

• Kitchen: Dishwasher
• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Traditional floor plan; Dining area; Storm door(s)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $175k.

Deal economics

• At list price, monthly cash flow is $183 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 6.0% in Baltimore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 24d 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 $1k of loan paydown is wiped out by about $5k 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 51 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 25y 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 $71k; list at $175k implies a 146% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 26% 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 $169,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 1958 — 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. 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: 1.04% ✓
• Cap rate: 7.55%
• Cash-on-cash: 4.49%
• DSCR: 1.20
• GRM: 8.0

CMA / ARV

• ARV (median comp): $202,158
• List price: $175,000
• Delta: -13.43%
• 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
4786 Melbourne Rd	0.11mi	2/1.5 (-1)	896 (-11%)	1mo	$175,000	$195	70
626 Brisbane Rd	0.08mi	2/1.0 (-1)	896 (-11%)	5mo	$165,000	$184	67
4766 Melbourne Rd	0.12mi	2/1.0 (-1)	1,120 (+11%)	5mo	$107,100	$96	65
4441 Eldone Rd	0.30mi	3/1.5	1,120 (+11%)	4mo	$165,000	$147	64
377 Marydell Rd	0.49mi	2/1.0 (-1)	1,040 (+3%)	2mo	$145,000	$139	63
517 Lucia Ave	0.24mi	2/1.5 (-1)	896 (-11%)	5mo	$155,000	$173	61
708 Woodington Rd S	0.31mi	2/1.5 (-1)	1,120 (+11%)	1mo	$100,000	$89	61
4413 Parkton St	0.34mi	2/1.5 (-1)	1,120 (+11%)	3mo	$130,000	$116	58
5141 Stafford Rd	0.48mi	3/1.5	1,140 (+13%)	0mo	$120,100	$105	56
738 Yale Ave	0.33mi	2/1.0 (-1)	896 (-11%)	5mo	$144,000	$161	55
5212 Fredcrest Rd	0.67mi	3/1.5	1,120 (+11%)	0mo	$195,000	$174	50
163 Garden Ridge Rd	0.71mi	4/2.0 (+1)	1,102 (+9%)	2mo	$342,000	$310	42

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: -6.5%
• Equity multiple: 0.75×
• Total profit: $-12,145
• Equity at exit: $26,093

10-year hold

• IRR: 5.9%
• Equity multiple: 1.49×
• Total profit: $23,959
• Equity at exit: $15,131

Cash invested: $49,000 (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: 8.0×

Monthly cashflow live

• Estimated rent: $1,823 high
• Mortgage (P&I): −$918
• Tax from tax record: −$266 /mo · $3,194/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $183

Break-even live

Break-even rent $1,591

Max offer price $175,000

Occupancy floor 85%

Sensitivity live

Price	-10% $283	-5% $233	+0% $183	+5% $134	+10% $84
Rent	-10% $39	-5% $111	+0% $183	+5% $255	+10% $328
Rate	-1.0pp $272	-0.5pp $228	base $183	+0.5pp $138	+1.0pp $92

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
565 Brisbane Rd Baltimore, MD	2.0	2.0	1146	$1,675	$1.46	25d	1	0.10mi
643 S Wickham Rd Baltimore, MD	2.0	3.0	896	$1,800	$2.01	0d	1	0.18mi
613 S Beechfield Ave Baltimore, MD	3.0	1.5	1080	$1,950	$1.81	45d	1	0.18mi
586 Lucia Ave Baltimore, MD	3.0	1.5	1178	$2,100	$1.78	19d	1	0.19mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	25d	1	0.23mi
500 Lucia Ave Baltimore, MD	3.0	2.0	1472	$2,100	$1.43	18d	1	0.26mi
501 Hazlett Ave Baltimore, MD	2.0–3.0	1.5–2.0	1044	$1,750	$1.68	0d	8	0.27mi
4431 Eldone Rd Baltimore, MD	3.0	2.0	896	$2,000	$2.23	25d	1	0.32mi
738 Yale Ave Baltimore, MD	2.0	1.0	1346	$1,900	$1.41	25d	1	0.33mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	45d	1	0.35mi
402 Colleen Rd Baltimore, MD	1.0–2.0	1.0	910	$1,450	$1.59	4d	11	0.37mi
5147 Frederick Ave Baltimore, MD	3.0	2.0	1216	$1,950	$1.60	5d	1	0.54mi
4301 Parkton St Baltimore, MD	1.0–3.0	1.0	730	$1,550	$2.12	45d	1	0.55mi
114 S Rock Glen Rd Baltimore, MD	4.0	1.5	1160	$2,350	$2.03	14d	1	0.62mi
19 S Tremont Rd Baltimore, MD	3.0	1.0	1350	$1,850	$1.37	45d	1	0.62mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	25d	1	0.65mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	12d	1	0.65mi
24 Laurence Brooke Rd Catonsville, MD	4.0	3.0	1440	$2,800	$1.94	14d	1	0.67mi
4610 College Ave Baltimore, MD	4.0	2.0	1440	$2,200	$1.53	19d	1	0.68mi
21 Holland Hill Ct Catonsville, MD	4.0	1.5	1320	$2,200	$1.67	45d	1	0.70mi
131 N Bend Rd Unit 131-1B Baltimore, MD	2.0	1.5	910	$1,225	$1.35	23d	1	0.76mi
4700 Gateway Ter Arbutus, MD	1.0–3.0	1.0	728	$1,652	$2.27	45d	1	0.78mi
4601 Pen Lucy Rd Unit 4615-G Baltimore, MD	2.0	1.0	798	$1,200	$1.50	23d	1	0.78mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	3d	1	0.79mi
4601 Pen Lucy Rd Unit 4714-B Baltimore, MD	2.0	1.0	730	$1,205	$1.65	16d	1	0.79mi
4601 Pen Lucy Rd Unit 103-H Baltimore, MD	2.0	1.0	798	$1,315	$1.65	25d	1	0.79mi
3 Brucester Bridge Ct Catonsville, MD	4.0	2.5	1440	$2,700	$1.88	25d	1	0.81mi
220 Stonecroft Rd Unit 220-H Baltimore, MD	2.0	1.5	900	$1,245	$1.38	0d	1	0.81mi
220 Stonecroft Rd Unit 232-I Baltimore, MD	2.0	1.5	900	$1,295	$1.44	19d	1	0.81mi
220 Stonecroft Rd Unit 230-D Baltimore, MD	2.0	1.5	900	$1,395	$1.55	23d	1	0.81mi
304 Collins Ave Unit 2 Baltimore, MD	3.0	1.0	1016	$2,100	$2.07	45d	1	0.82mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	4d	2	0.82mi
5364 Jamestowne Ct Baltimore, MD	3.0	1.0–1.5	787	$1,905	$2.42	0d	15	0.84mi
1 Summit Hill Ct Unit T-2 Baltimore, MD	2.0	2.0	1009	$1,900	$1.88	45d	1	0.89mi
201 S Symington Ave Catonsville, MD	1.0–2.0	1.0	788	$1,509	$1.91	0d	12	0.93mi
2 N Woodington Rd Baltimore, MD	1.0–2.0	1.0	738	$1,335	$1.81	4d	5	0.96mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	25d	1	0.96mi
2 S Woodington Rd Baltimore, MD	2.0	1.0	856	$1,160	$1.36	16d	1	0.96mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	45d	1	0.97mi
6300 Mount Ridge Rd Unit A Catonsville, MD	2.0	1.0	1100	$1,750	$1.59	45d	1	0.98mi

Listing history 20 events

1. 2026-06-21
   days on market $175,000 Active 51 DOM
2. 2026-06-18
   days on market $175,000 Active 48 DOM
3. 2026-06-17
   days on market $175,000 Active 47 DOM
4. 2026-06-16
   days on market $175,000 Active 46 DOM
5. 2026-06-15
   days on market $175,000 Active 45 DOM
6. 2026-06-13
   days on market $175,000 Active 43 DOM
7. 2026-06-09
   days on market $175,000 Active 39 DOM
8. 2026-06-08
   days on market $175,000 Active 38 DOM
9. 2026-06-07
   days on market $175,000 Active 37 DOM
10. 2026-06-04
    days on market $175,000 Active 34 DOM
11. 2026-06-03
    days on market $175,000 Active 33 DOM
12. 2026-06-02
    days on market $175,000 Active 32 DOM
13. 2026-06-01
    days on market $175,000 Active 31 DOM
14. 2026-05-31
    days on market $175,000 Active 30 DOM
15. 2026-05-01
    listed $175,000 Active
16. 2001-06-07
    soldstatus $71,000
17. 2001-05-31
    soldstatus $71,000
18. 2001-03-26
    listed $72,000
19. 2001-03-26
    historical
20. 1988-01-19
    soldstatus $40,500

ⓘ 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: $3,194 · $266/mo
• Projected year-2 tax: $3,194 · $266/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 26% 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: $21,878
• − Mortgage interest: −$9,803
• − Property taxes: −$3,194
• − Insurance: −$875
• − Repairs & maintenance: −$1,750
• − Management: −$1,750
• − Depreciation: −$5,091
• Taxable loss: −$585
• Est. tax savings @ 24.0%: +$140
• After-tax cash flow: $2,342/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

+332.1% since first listed

6 events — show timeline

• 2026-05-01 Listed $175,000 BRIGHT MLS
• 2001-06-07 Sold (Public Records) $71,000 Public Records
• 2001-05-31 Sold (MLS) $71,000 MRIS
• 2001-03-26 Listed $72,000 MRIS
• 2001-03-26 Delisted — MRIS
• 1988-01-19 Sold (Public Records) $40,500 Public Records

Property tax history

+1.8%/yr

Latest (2025): $3,194 · +7.0% YoY. Source: county tax records.