5141 Stafford Rd · Baltimore, MD 21229

$116,000

3 bd · 1.0 ba · 1,140 sqft · Townhouse public records · 14 Days on market

Built 1946 $102/sqft · 28% below area Est $160k · 28% 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

* * * Multiple Offers Received * * * All interested parties are requested to submit their highest and best offers by 12 PM on Monday, May 18, 2026 for consideration. Discover potential and value Built in 1945, this property offers 3 bedrooms and 1.5 Bath ready to customize and update to your taste. Sold in as-is condition, it presents a canvas for transformation and improvement, ideal for those looking to invest and add value. Please note this property is being sold strictly as-is. Cash or Renovation Financing may be needed for purchase.

Key facts

• Built 1946
• Listed 14 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Brick construction; Other foundation
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the first upper level
• Bathrooms: One full bathroom (all upper levels); One half bathroom (lower level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Full basement with interior access and outside entrance

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $116k.

Deal economics

• At list price, monthly cash flow is $504 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $116k).
• Cap rate 12.1% 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 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).
• This rent runs 36% 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 $802 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 $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1946 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; 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 $116,000

Questions for the listing agent

1. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.55% ✓
• Cap rate: 12.09%
• Cash-on-cash: 20.69%
• DSCR: 1.92
• GRM: 5.4

CMA / ARV

• ARV (median comp): $160,443
• List price: $116,000
• Delta: -27.70%
• 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
5141 Stafford Rd	0.00mi	3/1.5	1,140 (0%)	0mo	$120,100	$105	98
5212 Fredcrest Rd	0.20mi	3/1.5	1,120 (-2%)	0mo	$195,000	$174	85
586 Lucia Ave	0.61mi	3/1.5	1,178 (+3%)	3mo	$175,000	$149	61
4413 Parkton St	0.57mi	2/1.5 (-1)	1,120 (-2%)	3mo	$130,000	$116	61
642 Queensgate Rd	0.40mi	3/2.0	1,260 (+10%)	0mo	$234,444	$186	60
38 Hillvale Rd	0.58mi	3/1.0	1,224 (+7%)	3mo	$160,000	$131	58
708 Woodington Rd S	0.67mi	2/1.5 (-1)	1,120 (-2%)	1mo	$100,000	$89	58
48 Hillvale Rd	0.58mi	3/1.5	1,224 (+7%)	2mo	$180,000	$147	57
40 Hillvale Rd	0.57mi	3/2.0	1,224 (+7%)	2mo	$230,000	$188	56
163 Garden Ridge Rd	0.61mi	4/2.0 (+1)	1,102 (-3%)	2mo	$342,000	$310	55
4865 Melbourne Rd	0.49mi	2/2.0 (-1)	1,232 (+8%)	2mo	$214,000	$174	53
377 Marydell Rd	0.61mi	2/1.0 (-1)	1,040 (-9%)	2mo	$145,000	$139	50

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: 13.3%
• Equity multiple: 1.55×
• Total profit: $17,846
• Equity at exit: $17,296

10-year hold

• IRR: 24.1%
• Equity multiple: 3.35×
• Total profit: $76,342
• Equity at exit: $10,030

Cash invested: $32,480 (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: 5.4×

Monthly cashflow live

• Estimated rent: $1,802 high
• Mortgage (P&I): −$608
• Tax from tax record: −$207 /mo · $2,482/yr
• Insurance: −$48
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $504

Break-even live

Break-even rent $1,163

Max offer price $116,000

Occupancy floor 67%

Sensitivity live

Price	-10% $570	-5% $537	+0% $504	+5% $472	+10% $439
Rent	-10% $362	-5% $433	+0% $504	+5% $576	+10% $647
Rate	-1.0pp $563	-0.5pp $534	base $504	+0.5pp $474	+1.0pp $444

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: $29,000
• Closing costs: $3,480
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5147 Frederick Ave Baltimore, MD	3.0	2.0	1216	$1,950	$1.60	6d	1	0.05mi
114 S Rock Glen Rd Baltimore, MD	4.0	1.5	1160	$2,350	$2.03	15d	1	0.22mi
501 Hazlett Ave Baltimore, MD	2.0–3.0	1.5–2.0	1044	$1,750	$1.68	0d	8	0.24mi
131 N Bend Rd Unit 131-1B Baltimore, MD	2.0	1.5	910	$1,225	$1.35	24d	1	0.28mi
402 Colleen Rd Baltimore, MD	1.0–2.0	1.0	910	$1,450	$1.59	4d	11	0.33mi
643 S Wickham Rd Baltimore, MD	2.0	3.0	896	$1,800	$2.01	0d	1	0.37mi
5364 Jamestowne Ct Baltimore, MD	3.0	1.0–1.5	787	$1,905	$2.42	0d	15	0.38mi
220 Stonecroft Rd Unit 232-I Baltimore, MD	2.0	1.5	900	$1,295	$1.44	20d	1	0.39mi
220 Stonecroft Rd Unit 220-H Baltimore, MD	2.0	1.5	900	$1,245	$1.38	0d	1	0.39mi
220 Stonecroft Rd Unit 230-D Baltimore, MD	2.0	1.5	900	$1,395	$1.55	24d	1	0.39mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	13d	1	0.39mi
2 S Tremont Rd Baltimore, MD	3.0	2.0	1450	$1,800	$1.24	26d	1	0.39mi
19 S Tremont Rd Baltimore, MD	3.0	1.0	1350	$1,850	$1.37	46d	1	0.40mi
565 Brisbane Rd Baltimore, MD	2.0	2.0	1146	$1,675	$1.46	26d	1	0.46mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	5d	2	0.47mi
4601 Pen Lucy Rd Unit 4615-G Baltimore, MD	2.0	1.0	798	$1,200	$1.50	24d	1	0.51mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	4d	1	0.52mi
4601 Pen Lucy Rd Unit 4714-B Baltimore, MD	2.0	1.0	730	$1,205	$1.65	17d	1	0.52mi
4601 Pen Lucy Rd Unit 103-H Baltimore, MD	2.0	1.0	798	$1,315	$1.65	26d	1	0.52mi
500 Lucia Ave Baltimore, MD	3.0	2.0	1472	$2,100	$1.43	18d	1	0.56mi
4431 Eldone Rd Baltimore, MD	3.0	2.0	896	$2,000	$2.23	26d	1	0.59mi
586 Lucia Ave Baltimore, MD	3.0	1.5	1178	$2,100	$1.78	20d	1	0.62mi
613 S Beechfield Ave Baltimore, MD	3.0	1.5	1080	$1,950	$1.81	46d	1	0.64mi
627 Lucia Ave Baltimore, MD	3.0	1.0	892	$1,750	$1.96	26d	1	0.68mi
738 Yale Ave Baltimore, MD	2.0	1.0	1346	$1,900	$1.41	26d	1	0.72mi
751 Yale Ave Baltimore, MD	3.0	1.5	1024	$1,750	$1.71	46d	1	0.75mi
4301 Parkton St Baltimore, MD	1.0–3.0	1.0	730	$1,550	$2.12	46d	1	0.78mi
603 Braeside Rd Baltimore, MD	3.0	2.0	1416	$2,400	$1.69	46d	1	0.80mi
201 S Symington Ave Catonsville, MD	1.0–2.0	1.0	788	$1,509	$1.91	1d	12	0.80mi
111 Upmanor Rd Baltimore, MD	3.0	1.5	1224	$2,163	$1.77	46d	1	0.81mi
6300 Mount Ridge Rd Unit A Catonsville, MD	2.0	1.0	1100	$1,750	$1.59	46d	1	0.82mi
2 N Woodington Rd Baltimore, MD	1.0–2.0	1.0	738	$1,335	$1.81	5d	5	0.86mi
2 S Woodington Rd Baltimore, MD	2.0	1.0	856	$1,160	$1.36	17d	1	0.86mi
51 Briarwood Rd Catonsville, MD	3.0	1.0	1200	$2,100	$1.75	46d	1	0.89mi
24 Laurence Brooke Rd Catonsville, MD	4.0	3.0	1440	$2,800	$1.94	15d	1	0.90mi
4520 Scarlet Oak Ln Baltimore, MD	2.0	1.0	1025	$1,500	$1.46	46d	1	0.92mi
304 Collins Ave Unit 2 Baltimore, MD	3.0	1.0	1016	$2,100	$2.07	46d	1	0.93mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	26d	1	0.99mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	46d	1	1.03mi
21 Holland Hill Ct Catonsville, MD	4.0	1.5	1320	$2,200	$1.67	46d	1	1.07mi

Listing history 3 events

1. 2026-05-08
   listed $116,000 Active 548-char remark
2. 1990-08-28
   soldstatus $56,700
3. 1985-12-16
   soldstatus $38,000

ⓘ 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: $2,482 · $207/mo
• Projected year-2 tax: $2,482 · $207/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 8/10 Severe FEMA zone X (unshaded) · 99% 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: $21,621
• − Mortgage interest: −$6,498
• − Property taxes: −$2,482
• − Insurance: −$1,246
• − Repairs & maintenance: −$1,730
• − Management: −$1,730
• − Depreciation: −$3,375
• Taxable income: $4,561
• Est. tax owed @ 24.0%: −$1,095
• After-tax cash flow: $4,958/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

+216.1% since first listed

5 events — show timeline

• 2026-06-15 Sold (MLS) $120,100 BRIGHT MLS
• 2026-05-22 Pending — BRIGHT MLS
• 2026-05-08 Listed $116,000 BRIGHT MLS
• 1990-08-28 Sold (Public Records) $56,700 Public Records
• 1985-12-16 Sold (Public Records) $38,000 Public Records

Property tax history

+0.5%/yr

Latest (2025): $2,482 · +4.9% YoY. Source: county tax records.