709 Margo Rd · Dundalk, MD 21222

$215,000

3 bd · 1.0 ba · 1,173 sqft · Townhouse public records · 8 Days on market

Built 1967 4,802 sqft lot Est $212k · at est.

---

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 +15.4/30.0
• ARV discount +6.9/15.0
• DSCR +4.7/10.0
• 1% rule +4.4/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Key facts

• Pool
• Built 1967
• Listed 8 days

Property features AI

Finance

• Other: Above-grade finished area reported by assessor; Below-grade unfinished area reported by assessor
• Financial info: Fee simple ownership

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electric service
• Home design: Semi-detached property
• Construction: Brick construction; Brick/mortar foundation; Above-grade and below-grade structures
• Exterior features: Personal (private) pool; Not in a federal flood zone; Ground rent paid annually

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms (one on the main level and one on the lower level)
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Electric hot water
• Interior features: Assessor-listed living area; Has one fireplace; Basement with windows, interior access, outside entrance and walkout stairs; Basement is partially finished with space for additional rooms and is heated

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 $83 ($999/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 $202k (6.2% below list).
• Recommended offer: $202k (6.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Berkshire Elementary (math 8% / reading 14%, grade F, #589 of 860 statewide, top 68%, 471 students, 66% FRL); Holabird Middle (math 4% / reading 19%, grade F, #205 of 225 statewide, top 92%, 912 students, 65% FRL); Dundalk High (math 5% / reading 33%, grade F, #177 of 222 statewide, top 80%, 2,193 students, 62% FRL) — zoned schools average 65% FRL vs 39% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.1%/yr); 238 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); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 38% of the median local income ($64k/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 at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• 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 $201,653 (6.2% below list)

Questions for the listing agent

1. Built in 1967 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.94% ✗
• Cap rate: 6.76%
• Cash-on-cash: 1.66%
• DSCR: 1.07
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $212,313
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
640 Aldworth Rd	0.12mi	3/2.0	1,144 (-2%)	9mo	$150,000	$131	78
7552 Rabon Ave	0.33mi	3/1.5	1,144 (-2%)	2mo	$132,000	$115	77
805 Mildred Ave	0.37mi	3/1.5	1,144 (-2%)	1mo	$235,000	$205	76
815 Jeannette Ave	0.29mi	3/1.5	1,124 (-4%)	10mo	$225,000	$200	70
815 Mildred	0.37mi	3/1.5	1,144 (-2%)	12mo	$170,000	$149	67
7432 Manchester Rd	0.16mi	3/1.0	1,320 (+12%)	8mo	$225,000	$170	65
7475 Rabon Ave	0.25mi	3/1.5	1,024 (-13%)	4mo	$170,000	$166	62
874 Mildred Ave	0.41mi	3/2.0	1,280 (+9%)	3mo	$226,000	$177	59
849 Loalan Ave	0.34mi	3/1.5	1,024 (-13%)	12mo	$185,000	$181	51
7315 Stratton Way	0.74mi	3/2.0	1,215 (+4%)	7mo	$250,000	$206	50
857 Mildred Ave	0.41mi	3/2.0	1,024 (-13%)	13mo	$240,000	$234	45
423 Westham Way	0.73mi	2/1.0 (-1)	1,092 (-7%)	12mo	$226,000	$207	39

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.1%
• Equity multiple: 0.41×
• Total profit: $-35,400
• Equity at exit: $32,057

10-year hold

• IRR: -16.0%
• Equity multiple: 0.23×
• Total profit: $-46,651
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21222

• Rents YoY: -0.1%
• Active inventory: 238
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,017 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$293 /mo · $3,513/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $83

Break-even live

Break-even rent $1,911

Max offer price $215,000

Occupancy floor 91%

Sensitivity live

Price	-10% $205	-5% $144	+0% $83	+5% $22	+10% $-38
Rent	-10% $-76	-5% $4	+0% $83	+5% $163	+10% $243
Rate	-1.0pp $192	-0.5pp $138	base $83	+0.5pp $28	+1.0pp $-29

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
7520 Durwood Rd Dundalk, MD	3.0	1.0	1110	$2,100	$1.89	45d	1	0.26mi
7484 Rabon Ave Dundalk, MD	3.0	1.5	1499	$2,000	$1.33	45d	1	0.27mi
7444 Berkshire Rd Baltimore, MD	3.0	1.5	1228	$1,850	$1.51	7d	1	0.28mi
944 Dalton Ave Baltimore, MD	3.0	2.0	1024	$2,100	$2.05	12d	1	0.34mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	16d	1	0.37mi
7517 Belmont Ave Baltimore, MD	2.0	1.0	720	$1,800	$2.50	19d	1	0.37mi
932 Elton Ave Baltimore, MD	3.0	2.0	1024	$1,950	$1.90	19d	1	0.37mi
901 Elton Ave Baltimore, MD	4.0	2.0	1056	$2,800	$2.65	45d	1	0.41mi
608 Northpoint Rd Baltimore, MD	3.0	1.5	1148	$1,895	$1.65	25d	1	0.52mi
505 Northpoint Rd Baltimore, MD	3.0	2.0	1300	$2,195	$1.69	13d	1	0.62mi
630 47th St Unit B Baltimore, MD	2.0	1.0	750	$1,200	$1.60	45d	1	0.66mi
628 47th St Apt RW2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	12d	1	0.66mi
1533 Leslie Rd Dundalk, MD	4.0	1.0	1270	$2,000	$1.57	45d	1	0.67mi
530 47th St Baltimore, MD	3.0	1.0	1424	$1,695	$1.19	0d	1	0.73mi
7261 Bridgewood Dr Baltimore, MD	3.0	2.0	896	$2,495	$2.78	25d	1	0.76mi
7911 Bank St Baltimore, MD	3.0	1.0	1080	$1,749	$1.62	45d	1	0.76mi
7508 Ives Ln Dundalk, MD	2.0	1.0	896	$1,750	$1.95	45d	1	0.80mi
7319 Conley St Baltimore, MD	3.0	2.0	1080	$1,950	$1.81	19d	1	0.81mi
7325 Conley St Baltimore, MD	3.0	2.0	1290	$1,950	$1.51	19d	1	0.81mi
7219 Conley St Baltimore, MD	4.0	1.5	1440	$1,950	$1.35	16d	1	0.83mi
1955 Walnut Ave Dundalk, MD	3.0	1.0	950	$2,300	$2.42	45d	1	0.83mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	25d	1	0.85mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	5d	1	0.85mi
309 52nd St Unit A Baltimore, MD	2.0	1.0	722	$1,350	$1.87	25d	1	0.86mi
7716 Wynbrook Rd Baltimore, MD	2.0	1.0	1232	$1,800	$1.46	45d	1	0.88mi
8036 Lansdale Rd Unit 1 Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	0d	1	0.90mi
7124 Gough St Baltimore, MD	2.0	1.5	1096	$1,700	$1.55	23d	1	0.94mi
6905 Bank St Baltimore, MD	2.0	1.5	784	$1,650	$2.10	45d	1	0.94mi
7136 Eastbrook Ave Baltimore, MD	4.0	2.0	996	$2,200	$2.21	7d	1	0.95mi
7915 Eastdale Rd Baltimore, MD	2.0	1.0	896	$1,500	$1.67	45d	1	0.96mi
7058 Eastbrook Ave Baltimore, MD	3.0	2.0	1228	$1,700	$1.38	13d	1	0.97mi
7948 Eastdale Rd Baltimore, MD	3.0	1.0	1024	$1,700	$1.66	45d	1	1.01mi
6802 Conley St Baltimore, MD	2.0	1.5	939	$1,750	$1.86	23d	1	1.02mi
433 Oakwood Rd Dundalk, MD	2.0	1.0	1016	$1,900	$1.87	0d	1	1.03mi
7951 E Baltimore St Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	4d	1	1.03mi
6722 Brentwood Ave Unit 2FL Dundalk, MD	3.0	1.0	900	$1,750	$1.94	45d	1	1.05mi
6710 Hudson St Baltimore, MD	4.0	4.0	1156	$3,500	$3.03	25d	1	1.07mi
414 Westfield Rd Dundalk, MD	3.0	1.0	1024	$2,300	$2.25	45d	1	1.17mi
7 Robinson Ave Dundalk, MD	3.0	2.0	1100	$2,600	$2.36	45d	1	1.21mi
334 Kane St Baltimore, MD	2.0	2.0	1050	$1,675	$1.60	25d	1	1.32mi

Listing history 5 events

1. 2026-06-13
   statusdays on market $215,000 Pending 8 DOM
2. 2026-06-09
   days on market $215,000 Active 6 DOM
3. 2026-06-08
   days on market $215,000 Active 5 DOM
4. 2026-06-07
   days on market $215,000 Active 4 DOM
5. 2026-06-04
   listed $215,000 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: $3,513 · $293/mo
• Projected year-2 tax: $3,513 · $293/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 8/10 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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,198
• − Mortgage interest: −$12,043
• − Property taxes: −$3,513
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,936
• − Management: −$1,936
• − Depreciation: −$6,255
• Taxable loss: −$2,559
• Est. tax savings @ 24.0%: +$614
• After-tax cash flow: $1,613/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 County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment C+ Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore County · 769,527 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 59,407
• Household income: $64,141
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 2566.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Arabic 1%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -251.44%
• Current HPI: 228.4218
• Rent YoY: ▼ -0.09%
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-04 Listed $215,000 BRIGHT MLS
• 2026-06-03 Coming Soon $215,000 BRIGHT MLS

Property tax history

+3.5%/yr

Latest (2025): $3,513 · +5.5% YoY. Source: county tax records.