1214 N Woodyear St · Baltimore, MD 21217

$228,000

4 bd · 3.0 ba · 1,080 sqft · Townhouse public records · 5 Days on market

Built 1992 2,614 sqft lot

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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 +13.6/30.0
• ARV discount +7.5/15.0
• Rent growth +4.2/5.0
• DSCR +4.1/10.0
• Livability +3.8/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT OPPORTUNITY! This End Unit property was made for an investor with vision, and is located on a street where families take pride in their home. The backyard is beautiful, spacious, and just waiting for barbecues. If you're an investor looking to add to your rental portfolio, this home is perfect. The furnace is in great condition and the water heater was purchased this year. Rental rates in the area have seen prices in and over $1800. Come check it out. HOME IS BEING SOLD AS-IS.

Key facts

• Bright main level
• Sleek cabinetry
• Open layout

Tags

• UPDATED HOME
• MODERN FINISHES
• BRIGHT MAIN LEVEL
• UPDATED FLOORING
• OPEN LAYOUT
• SLEEK CABINETRY

Property features AI

Finance

• Other: Below-grade area includes finished and unfinished spaces; Finished above-grade area and below-grade finished area reported (sources: assessor/estimated); Ground rent paid annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas available; Electric available; Water and sewer available; 110 volt electric with circuit breakers
• Home design: End of row townhouse; Fee simple ownership; Year built/effective remodel listed as 2026
• Construction: Frame construction; Block foundation; Asbestos shingle roof; Double-pane windows
• Exterior features: Chain link fencing (fully fenced); Above-grade and below-grade structures

Interior

• Kitchen: ENERGY STAR dishwasher; ENERGY STAR refrigerator; Exhaust fan; Gas oven/range
• Bedrooms: Four bedrooms on the main level
• Flooring: Hardwood; Luxury vinyl plank
• Bathrooms: Three full bathrooms (all on the main level)
• Heating & cooling: 90% efficiency forced air heating (natural gas); Central air conditioning (natural gas for cooling fuel)
• Interior features: Drywall walls and ceilings; Connecting stairway to basement; Not located in a federal flood zone; Accessibility features present
• Laundry & utility: Laundry in basement; Natural gas hot water

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $228k.

Deal economics

• At list price, monthly cash flow is $12 ($144/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 $186k (18.6% below list).
• Recommended offer: $186k (18.6% 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 (+6.6%/yr); 331 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); lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $1,856/mo this rent would consume 58% 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 $2k of loan paydown is wiped out by about $7k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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 $68k; list at $228k implies a 233% gain — meaningful room to come down on a strong offer.

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 $185,552 (18.6% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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?
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: 0.81% ✗
• Cap rate: 6.36%
• Cash-on-cash: 0.22%
• DSCR: 1.01
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $68,040
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1201 N Calhoun St	0.03mi	3/2.5 (-1)	1,080 (0%)	5mo	$102,000	$94	88
1214 N Woodyear St	0.00mi	3/2.0 (-1)	1,080 (0%)	5mo	$68,500	$63	87
1222 N Calhoun St	0.04mi	3/1.0 (-1)	1,080 (0%)	10mo	$105,000	$97	76
1552 N Fulton Ave	0.42mi	3/1.0 (-1)	1,113 (+3%)	4mo	$125,000	$112	59
1705 N Payson St	0.63mi	3/1.5 (-1)	1,100 (+2%)	5mo	$38,000	$35	53
1516 N Gilmor St	0.28mi	3/1.0 (-1)	990 (-8%)	10mo	$50,000	$51	52
1541 N Pulaski St	0.63mi	3/1.0 (-1)	1,100 (+2%)	3mo	$115,000	$105	52
1603 Clifton Ave	0.70mi	3/1.0 (-1)	1,100 (+2%)	2mo	$130,000	$118	49
2109 N Fulton Ave N	0.73mi	3/1.0 (-1)	1,100 (+2%)	4mo	$35,000	$32	46
1537 N Smallwood St	0.70mi	3/1.5 (-1)	1,200 (+11%)	3mo	$56,000	$47	35
1819 Arunah Ave	0.63mi	4/1.0	1,220 (+13%)	8mo	$44,000	$36	35
2440 Mcculloh St	0.66mi	3/1.5 (-1)	1,224 (+13%)	8mo	$75,000	$61	29

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: -12.3%
• Equity multiple: 0.54×
• Total profit: $-29,207
• Equity at exit: $33,996

10-year hold

• IRR: 1.2%
• Equity multiple: 1.10×
• Total profit: $6,418
• Equity at exit: $19,713

Cash invested: $63,840 (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: 10.2×

Monthly cashflow live

• Estimated rent: $1,856 high
• Mortgage (P&I): −$1,196
• Tax from tax record: −$163 /mo · $1,959/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $12

Break-even live

Break-even rent $1,840

Max offer price $228,000

Occupancy floor 94%

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: $57,000
• Closing costs: $6,840
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
910 N Arlington Ave Unit 2 Baltimore, MD	4.0	2.0	1220	$1,850	$1.52	23d	1	0.30mi
834 N Stricker St Baltimore, MD	4.0	1.0	1200	$1,500	$1.25	20d	1	0.31mi
2028 Druid Hill Ave Baltimore, MD	3.0	2.5	1437	$1,799	$1.25	10d	1	0.40mi
2028 Druid Hill Ave Unit 1 Baltimore, MD	3.0	2.5	1437	$1,750	$1.22	2d	1	0.40mi
519 Sanford Pl Baltimore, MD	3.0	1.0	1300	$1,650	$1.27	16d	1	0.43mi
1931 McCulloh St Unit 1 Baltimore, MD	3.0	1.0	1000	$1,500	$1.50	43d	1	0.46mi
1914 Mosher St Unit 1914 Baltimore, MD	4.0	2.5	1200	$1,700	$1.42	43d	1	0.48mi
1624 Westwood Ave Baltimore, MD	3.0	2.0	1000	$1,900	$1.90	43d	1	0.49mi
1806 N Mount St Baltimore, MD	3.0	3.0	1200	$1,700	$1.42	19d	1	0.51mi
1729 N Fulton Ave Baltimore, MD	3.0	2.0	1081	$1,795	$1.66	43d	1	0.51mi
1501 N Payson St Baltimore, MD	3.0	1.0	1400	$1,550	$1.11	43d	1	0.53mi
1049 Brantley Ave Unit 2 Baltimore, MD	3.0	1.0	1200	$1,350	$1.12	23d	1	0.54mi
1625 Edmondson Ave Unit 2 Baltimore, MD	4.0	3.0	1500	$1,895	$1.26	12d	1	0.58mi
1625 Edmondson Ave Unit 1 Baltimore, MD	4.0	3.0	1500	$2,175	$1.45	4d	1	0.58mi
1722 N Monroe St Baltimore, MD	3.0	1.5	1000	$1,350	$1.35	23d	1	0.58mi
2409 Francis St Baltimore, MD	3.0	1.0	1298	$1,500	$1.16	43d	1	0.60mi
2614 Pennsylvania Ave Baltimore, MD	1.0–3.0	1.0–2.0	982	$1,141	$1.16	4d	4	0.63mi
1515 Retreat St Baltimore, MD	3.0	2.0	1098	$1,800	$1.64	23d	1	0.65mi
1507 Retreat St Unit 1 Baltimore, MD	3.0	3.0	1098	$2,500	$2.28	43d	1	0.66mi
2505 Woodbrook Ave Baltimore, MD	4.0	2.0	1256	$1,745	$1.39	2d	1	0.67mi
2511 Madison Ave #2 Baltimore, MD	3.0	1.0	1100	$1,650	$1.50	43d	1	0.76mi
2301 Riggs Ave Baltimore, MD	3.0	2.0	1072	$1,600	$1.49	23d	1	0.77mi
918 N Bentalou St Baltimore, MD	3.0	1.5	1485	$1,750	$1.18	43d	1	0.78mi
1519 Penrose Ave Baltimore, MD	3.0	2.0	1200	$1,875	$1.56	43d	1	0.82mi
2303 Calverton Heights Ave Baltimore, MD	4.0	2.0	1314	$2,250	$1.71	23d	1	0.84mi
307 Dolphin St Baltimore, MD	1.0–3.0	1.0	732	$2,149	$2.94	17d	3	0.84mi
2401 Brookfield Ave Baltimore, MD	2.0–3.0	1.0–2.0	1102	$1,675	$1.52	23d	3	0.87mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	10d	1	0.87mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	23d	1	0.87mi
2012 W Saratoga St Baltimore, MD	3.0	1.0	1300	$1,700	$1.31	23d	1	0.90mi
101 N Schroeder St Baltimore, MD	3.0	1.0–2.0	1037	$3,185	$3.07	2d	12	0.94mi
2204 Clifton Ave Baltimore, MD	3.0	1.0	1400	$1,450	$1.04	4d	1	0.95mi
810 Brooks Ln Unit 2 Baltimore, MD	3.0	1.0	900	$1,350	$1.50	20d	1	0.96mi
2231 Orem Ave Baltimore, MD	3.0	1.5	1140	$1,750	$1.54	17d	1	0.97mi
1839 W Fayette St Baltimore, MD	3.0	1.5	1426	$1,675	$1.17	23d	1	1.01mi
2216 Whittier Ave Baltimore, MD	5.0	1.5	1392	$1,975	$1.42	23d	1	1.02mi
1635 Frederick Ave Baltimore, MD	3.0	2.0	1224	$1,850	$1.51	43d	1	1.07mi
628 N Eutaw St Baltimore, MD	1.0–3.0	1.0–2.0	824	$1,854	$2.25	1d	6	1.07mi
1315 Hollins St Unit 2 Baltimore, MD	3.0	2.0	1096	$1,860	$1.70	4d	1	1.08mi
1315 Hollins St Unit 2 Baltimore, MD	3.0	2.0	1096	$1,950	$1.78	12d	1	1.08mi

Listing history 5 events

1. 2026-06-18
   days on market $228,000 Active 5 DOM
2. 2026-06-17
   days on market $228,000 Active 4 DOM
3. 2026-06-16
   days on market $228,000 Active 3 DOM
4. 2026-06-15
   remarks 687-char remark
5. 2026-06-15
   listed $228,000 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: $1,959 · $163/mo
• Projected year-2 tax: $2,222 · $185/mo
• Expected delta: +$263/yr (+$22/mo · 13.4%)

ⓘ 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: $22,266
• − Mortgage interest: −$12,772
• − Property taxes: −$1,959
• − Insurance: −$1,140
• − Repairs & maintenance: −$1,781
• − Management: −$1,781
• − Depreciation: −$6,633
• Taxable loss: −$3,800
• Est. tax savings @ 24.0%: +$912
• After-tax cash flow: $1,055/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

+230.4% since first listed

9 events — show timeline

• 2026-06-13 Listed $228,000 BRIGHT MLS
• 2026-03-05 Sold (Public Records) $68,500 Public Records
• 2026-01-16 Sold (MLS) $68,500 BRIGHT MLS
• 2025-12-29 Pending — BRIGHT MLS
• 2025-12-23 Listed $85,000 BRIGHT MLS
• 2004-12-07 Sold (Public Records) $69,000 Public Records
• 2004-11-20 Sold (MLS) $69,000 MRIS
• 2004-10-25 Delisted — MRIS
• 2004-10-19 Listed $69,000 MRIS

Property tax history

+4.8%/yr

Latest (2025): $1,959 · +8.6% YoY. Source: county tax records.