3004 Rosekemp Ave · Baltimore, MD 21214

$199,900

3 bd · 1.5 ba · 1,256 sqft · SingleFamily public records · 11 Days on market

Built 1921 6,747 sqft lot Est $289k · 31% 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 +16.6/30.0
• ARV discount +15.0/15.0
• DSCR +5.1/10.0
• 1% rule +4.9/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 BR, 1 BA Detached Colonial Home. Off street parking. Nice fenced in yard with mature trees. Deck off back. Well maintained with many updates. Hardwood Flooring in the LR, DR. Ceramic Tile in Kitchen, Laundry/Mud Room. Hook up for side by side washer and dryer. House is wired with state of the art Security System. Move in Ready. Also available for rent See BA9766740.

Key facts

• Sizable yard
• Functional layout
• 6,747 sq ft lot

Tags

• SIZABLE YARD
• FUNCTIONAL LAYOUT

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Hot water: natural gas
• Home design: Detached home; Single-family style (detached)
• Construction: Vinyl siding; Brick/mortar foundation; Built year per assessor
• Exterior features: Detached structure; Above- and below-grade other structures; Not located on tidal water

Interior

• Kitchen: Gas oven/range; Refrigerator; Exhaust fan
• Bedrooms: Three bedrooms on the upper level (3 total listed rooms identified as bedrooms)
• Flooring: Wood floors
• Bathrooms: One full bathroom (upper level); One half bathroom (lower level)
• Heating & cooling: Radiator heat (oil-fired); Central air conditioning (electric)
• Interior features: Combination dining and living area; Window treatments; Wood floors; Basement with connecting stairway, rear entrance, and sump pump
• Laundry & utility: Washer/dryer hookups only; Laundry room

🏷️ Possibly a rental listed for sale. The $199,900 price doesn't fit this home's estimated sale value (~$288,880) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $120 ($1k/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 $198k (1.1% below list).
• Recommended offer: $198k (1.1% 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: 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: 98 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); solid renter incomes; 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 $6k 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 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 15 sale attempts since 33y 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 $115k; list at $200k implies a 74% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $197,772 (1.1% below list)

Questions for the listing agent

1. Built in 1921 — 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: 0.99% ✗
• Cap rate: 7.02%
• Cash-on-cash: 2.58%
• DSCR: 1.11
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $288,880
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3007 Grindon Ave	0.19mi	3/1.5	1,170 (-7%)	3mo	$185,000	$158	77
4525 Mainfield Ave	0.39mi	3/2.0	1,235 (-2%)	6mo	$299,000	$242	72
2303 E Cold Spring Ln	0.51mi	3/2.0	1,280 (+2%)	2mo	$295,000	$230	70
4902 Walther Ave	0.29mi	4/3.5 (+1)	1,237 (-2%)	2mo	$420,000	$340	69
4801 Holder Ave	0.25mi	2/2.0 (-1)	1,184 (-6%)	5mo	$180,000	$152	68
4308 Mainfield Ave	0.63mi	3/2.0	1,233 (-2%)	3mo	$280,000	$227	63
4512 Weitzel Ave	0.42mi	3/2.0	1,376 (+10%)	3mo	$360,000	$262	60
4406 Mainfield Ave	0.54mi	4/1.0 (+1)	1,290 (+3%)	5mo	$250,000	$194	59
3105 Juneau Pl	0.71mi	4/2.5 (+1)	1,300 (+4%)	1mo	$335,000	$258	52
5204 Catalpha Rd	0.60mi	2/1.5 (-1)	1,096 (-13%)	2mo	$250,000	$228	44
2817 Hamilton Ave	0.72mi	3/2.5	1,120 (-11%)	1mo	$295,000	$263	44
4011 Woodlea Ave	0.71mi	3/2.0	1,104 (-12%)	4mo	$172,100	$156	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -12.2%
• Equity multiple: 0.56×
• Total profit: $-24,662
• Equity at exit: $29,806

10-year hold

• IRR: -3.0%
• Equity multiple: 0.80×
• Total profit: $-11,335
• Equity at exit: $17,284

Cash invested: $55,972 (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 21214

• Active inventory: 98
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,978 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$310 /mo · $3,726/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $120

Break-even live

Break-even rent $1,825

Max offer price $199,900

Occupancy floor 89%

Sensitivity live

Price	-10% $233	-5% $177	+0% $120	+5% $64	+10% $7
Rent	-10% $-36	-5% $42	+0% $120	+5% $198	+10% $277
Rate	-1.0pp $221	-0.5pp $171	base $120	+0.5pp $69	+1.0pp $16

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3309 Southern Ave Unit 2 Baltimore, MD	2.0	1.0	1200	$1,500	$1.25	0d	1	0.18mi
2911 Shirey Ave Baltimore, MD	4.0	2.0	1680	$2,500	$1.49	22d	1	0.21mi
2807 Shirey Ave Baltimore, MD	4.0	3.0	1190	$2,500	$2.10	17d	1	0.25mi
2900 Ailsa Ave Apt 2 Baltimore, MD	3.0	1.0	1300	$1,750	$1.35	6d	1	0.27mi
3514 Ailsa Ave Baltimore, MD	3.0	2.0	1800	$2,200	$1.22	45d	1	0.39mi
3802 Biddison Ln Baltimore, MD	4.0	1.5	1443	$2,024	$1.40	13d	1	0.62mi
3721 Frankford Ave Baltimore, MD	3.0	2.0	1600	$2,050	$1.28	45d	1	0.68mi
2805 Hamilton Ave Baltimore, MD	4.0	2.0	1416	$2,300	$1.62	45d	1	0.71mi
5413 Pembroke Ave Baltimore, MD	3.0	2.0	1350	$1,895	$1.40	0d	1	0.73mi
4007 Biddison Ln Apt 1 Baltimore, MD	2.0	1.0	1000	$1,279	$1.28	20d	1	0.79mi
4023 Belwood Ave Baltimore, MD	3.0	1.0	1080	$1,995	$1.85	45d	1	0.80mi
4104 Parkwood Ave Baltimore, MD	3.0	1.0	1224	$2,800	$2.29	26d	1	0.82mi
5424 Belle Vista Ave Baltimore, MD	2.0	1.0	932	$1,300	$1.39	45d	1	0.85mi
2077 Woodbourne Ave Baltimore, MD	1.0–2.0	1.0	830	$1,419	$1.71	4d	5	0.89mi
3607 Bayonne Ave Unit 2 Baltimore, MD	2.0	1.0	900	$1,300	$1.44	26d	1	0.90mi
2028 Hillenwood Rd Baltimore, MD	4.0	2.0	1820	$2,100	$1.15	24d	1	0.93mi
4024 Eierman Ave Baltimore, MD	3.0	2.0	1136	$1,825	$1.61	45d	1	0.96mi
4013 Eierman Ave Baltimore, MD	3.0	1.0	1650	$1,750	$1.06	0d	1	0.96mi
4718 Blue Ridge Ave Baltimore, MD	4.0	3.0	1744	$2,400	$1.38	13d	1	1.03mi
1804 Winford Rd Baltimore, MD	3.0	1.5	1600	$2,100	$1.31	26d	1	1.03mi
4400 Asbury Ave Baltimore, MD	3.0	2.0	1270	$1,995	$1.57	6d	1	1.07mi
5781 Edgepark Rd Baltimore, MD	3.0	2.0	1568	$1,975	$1.26	18d	1	1.09mi
5632 Belair Rd Baltimore, MD	3.0	1.5	1260	$2,100	$1.67	26d	1	1.10mi
1908 E Belvedere Ave Baltimore, MD	4.0	2.0	1425	$1,950	$1.37	22d	1	1.11mi
2804 Christopher Ave Baltimore, MD	3.0	2.5	1280	$2,200	$1.72	26d	1	1.15mi
1806 Ramblewood Rd Apt A Baltimore, MD	2.0	2.0	903	$1,847	$2.05	45d	1	1.16mi
1575 Stonewood Rd Baltimore, MD	3.0	1.5	1216	$2,200	$1.81	0d	1	1.17mi
4517 Woodlea Ave Baltimore, MD	2.0	2.0	1326	$1,900	$1.43	5d	1	1.18mi
4320 Sheldon Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	26d	1	1.19mi
1726 E Belvedere Ave Baltimore, MD	3.0	2.0	1140	$1,895	$1.66	24d	1	1.20mi
1900 Ramblewood Rd Apt A Baltimore, MD	2.0	2.0	903	$1,847	$2.05	45d	1	1.20mi
4409 Moravia Rd Baltimore, MD	2.0	1.0	861	$1,385	$1.61	45d	3	1.21mi
1545 E Cold Spring Ln Baltimore, MD	4.0	2.0	1240	$2,000	$1.61	45d	1	1.23mi
5926 Belle Vista Ave Baltimore, MD	3.0	2.0	1248	$2,250	$1.80	0d	1	1.23mi
2735 Chesterfield Ave Baltimore, MD	3.0	2.5	1536	$2,000	$1.30	13d	1	1.23mi
6212 Laurelton Ave Baltimore, MD	2.0	1.0	960	$1,325	$1.38	45d	1	1.23mi
2106 Cloville Ave Baltimore, MD	3.0	1.5	1080	$1,700	$1.57	45d	1	1.23mi
1543 Northwick Rd Unit 2 Baltimore, MD	2.0	1.0	1160	$1,100	$0.95	0d	1	1.24mi
4308 Hamilton Ave Baltimore, MD	2.0	1.0	1110	$1,416	$1.28	26d	1	1.28mi
1617 Argonne Dr Baltimore, MD	4.0	2.0	1200	$2,550	$2.12	45d	1	1.30mi

Listing history 10 events

1. 2026-06-13
   statusdays on market $199,900 Pending 11 DOM
2. 2026-06-09
   days on market $199,900 Active 10 DOM
3. 2026-06-08
   days on market $199,900 Active 9 DOM
4. 2026-06-07
   days on market $199,900 Active 8 DOM
5. 2026-06-04
   days on market $199,900 Active 5 DOM
6. 2026-06-03
   days on market $199,900 Active 4 DOM
7. 2026-06-02
   days on market $199,900 Active 3 DOM
8. 2026-06-01
   days on market $199,900 Active 2 DOM
9. 2026-05-31
   remarks 699-char remark
10. 2026-05-31
    listed $199,900 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: $3,726 · $310/mo
• Projected year-2 tax: $3,726 · $310/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 · 14 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: $23,733
• − Mortgage interest: −$11,198
• − Property taxes: −$3,726
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,899
• − Management: −$1,899
• − Depreciation: −$5,815
• Taxable loss: −$1,803
• Est. tax savings @ 24.0%: +$433
• After-tax cash flow: $1,876/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): 21,092
• Household income: $86,366
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 432.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 58% White 33% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 3% Italian 1% Lithuanian 1%
• Foreign-born: 7% · Canada
• Languages at home: 93% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -211.52%
• Current HPI: 310.5637
• Rent YoY: —
• 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

+303.8% since first listed

40 events — show timeline

• 2026-05-30 Listed $199,900 BRIGHT MLS
• 2016-12-07 Sold (Public Records) $115,000 Public Records
• 2016-11-18 Sold (MLS) $115,000 MRIS
• 2016-11-18 Sold (MLS) $115,000 BRIGHT MLS
• 2016-09-25 Pending — MRIS
• 2016-07-12 Listed $119,000 MRIS
• 2016-05-01 Listing Removed — BRIGHT MLS
• 2016-05-01 Delisted — MRIS
• 2016-04-01 Relisted — MRIS
• 2016-04-01 Delisted — MRIS
• 2016-02-20 Price Changed — MRIS
• 2015-11-02 Relisted — MRIS
• 2015-10-19 Delisted — MRIS
• 2015-10-06 Relisted — MRIS
• 2015-10-04 Listed $119,000 BRIGHT MLS
• 2015-10-04 Listed — MRIS
• 2015-10-04 Delisted — MRIS
• 2012-02-28 Listing Removed — BRIGHT MLS
• 2012-02-28 Delisted — MRIS
• 2012-01-14 Price Changed — MRIS
• 2012-01-13 Relisted — MRIS
• 2012-01-11 Delisted — MRIS
• 2012-01-04 Price Changed — MRIS
• 2011-12-09 Price Changed — MRIS
• 2011-08-27 Listed — MRIS
• 2011-08-27 Listed $99,000 BRIGHT MLS
• 2005-03-01 Sold (MLS) $85,000 MRIS
• 2004-10-13 Delisted — MRIS
• 2004-05-21 Listed $85,000 MRIS
• 2003-11-30 Delisted — MRIS
• 2003-05-26 Listed — MRIS
• 1999-03-23 Sold (Public Records) $65,000 Public Records
• 1998-09-10 Sold (MLS) $65,000 MRIS
• 1998-07-09 Delisted — MRIS
• 1997-02-06 Listed $67,000 MRIS
• 1994-09-09 Delisted — MRIS
• 1994-09-09 Delisted — MRIS
• 1993-08-03 Listed — MRIS
• 1993-08-03 Listed — MRIS
• 1983-08-08 Sold (Public Records) $49,500 Public Records

Property tax history

+0.7%/yr

Latest (2025): $3,726 · +8.1% YoY. Source: county tax records.