2107 Echodale Ave · Baltimore, MD 21214

$220,000

3 bd · 1.5 ba · 1,564 sqft · Townhouse public records · 202 Days on market

Built 1947 3,000 sqft lot $141/sqft · 12% below area Est $250k · 12% 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 +17.4/30.0
• ARV discount +12.9/15.0
• DSCR +5.4/10.0
• 1% rule +4.5/10.0
• 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

Discover this well-maintained three-bedroom home featuring two and a half bathrooms, thoughtfully updated and perfectly positioned in one of the most convenient locations in the area. Just minutes from the university, major hospitals, public transportation, retail shopping, and a variety of everyday amenities, this property offers both lifestyle and long-term value. The home is not in need of major repairs and boasts key improvements including updated electrical systems, recent roofing upgrades, and energy-efficient solar panels. Inside, the layout is functional and comfortable, making it easy to move in and begin personalizing at your own pace. Whether you're a first-time buyer or an investor looking for strong upside potential, this home offers a rare opportunity to secure a great price and build significant equity over time. Move in now, enjoy the updates from day one, and position yourself for smart appreciation in a high-demand location.

Key facts

• Built 1947
• Listed 201 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $220k.

Deal economics

• At list price, monthly cash flow is $163 ($2k/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 $209k (4.9% below list).
• Recommended offer: $194k (12.0% below list) — sets the bar for market timing.

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: 96 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $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

• It's been on market 202 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 19y 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.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• 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 $193,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 202 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.95% ✗
• Cap rate: 7.18%
• Cash-on-cash: 3.18%
• DSCR: 1.14
• GRM: 8.8

CMA / ARV

• ARV (median comp): $250,175
• List price: $220,000
• Delta: -12.06%
• 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
5033 Plymouth Rd	0.08mi	4/2.0 (+1)	1,564 (0%)	1mo	$225,000	$144	89
5104 Harford Rd	0.49mi	3/2.0	1,496 (-4%)	6mo	$175,000	$117	63
1809 Hillenwood Rd	0.55mi	4/2.0 (+1)	1,580 (+1%)	4mo	$255,000	$161	62
1708 Hartsdale Rd	0.68mi	3/1.5	1,534 (-2%)	4mo	$165,375	$108	62
1814 Winford Rd	0.58mi	4/2.0 (+1)	1,600 (+2%)	2mo	$280,000	$175	61
1702 Burnwood Rd	0.60mi	4/2.0 (+1)	1,600 (+2%)	1mo	$283,000	$177	60
5214 Harford Rd Unit N/A	0.49mi	3/1.5	1,711 (+9%)	4mo	$127,000	$74	58
1647 Walterswood Rd	0.74mi	3/2.0	1,520 (-3%)	4mo	$250,000	$164	56
2210 Walshire Ave	0.74mi	3/2.0	1,600 (+2%)	5mo	$250,000	$156	56
1717 Hartsdale Rd	0.68mi	4/2.0 (+1)	1,600 (+2%)	4mo	$295,000	$184	54
1631 Woodbourne Ave	0.73mi	3/2.0	1,700 (+9%)	4mo	$210,000	$124	46
1625 Woodbourne Ave	0.74mi	3/2.0	1,760 (+12%)	1mo	$234,500	$133	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: -11.3%
• Equity multiple: 0.59×
• Total profit: $-25,239
• Equity at exit: $32,803

10-year hold

• IRR: -2.0%
• Equity multiple: 0.86×
• Total profit: $-8,537
• Equity at exit: $19,022

Cash invested: $61,600 (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: 96
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,093 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$245 /mo · $2,936/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $163

Break-even live

Break-even rent $1,886

Max offer price $220,000

Occupancy floor 87%

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2028 Hillenwood Rd Baltimore, MD	4.0	2.0	1820	$2,100	$1.15	21d	1	0.38mi
5781 Edgepark Rd Baltimore, MD	3.0	2.0	1568	$1,975	$1.26	16d	1	0.41mi
2807 Shirey Ave Baltimore, MD	4.0	3.0	1190	$2,500	$2.10	14d	1	0.42mi
2900 Ailsa Ave Apt 2 Baltimore, MD	3.0	1.0	1300	$1,750	$1.35	4d	1	0.44mi
2805 Hamilton Ave Baltimore, MD	4.0	2.0	1416	$2,300	$1.62	43d	1	0.45mi
2911 Shirey Ave Baltimore, MD	4.0	2.0	1680	$2,500	$1.49	20d	1	0.47mi
1908 E Belvedere Ave Baltimore, MD	4.0	2.0	1425	$1,950	$1.37	19d	1	0.48mi
1804 Winford Rd Baltimore, MD	3.0	1.5	1600	$2,100	$1.31	23d	1	0.57mi
1726 E Belvedere Ave Baltimore, MD	3.0	2.0	1140	$1,895	$1.66	21d	1	0.58mi
2106 Cloville Ave Baltimore, MD	3.0	1.5	1080	$1,700	$1.57	43d	1	0.59mi
2918 Grindon Ave Unit 1ST Baltimore, MD	2.0	1.0	2000	$1,250	$0.62	43d	1	0.73mi
2804 Christopher Ave Baltimore, MD	3.0	2.5	1280	$2,200	$1.72	23d	1	0.77mi
1646 Wadsworth Way Baltimore, MD	3.0	1.0	1520	$2,100	$1.38	10d	1	0.78mi
3309 Southern Ave Unit 2 Baltimore, MD	2.0	1.0	1200	$1,600	$1.33	12d	1	0.83mi
3514 Ailsa Ave Baltimore, MD	3.0	2.0	1800	$2,200	$1.22	43d	1	0.96mi
3510 Hamilton Ave Baltimore, MD	3.0	2.5	2100	$2,300	$1.10	23d	1	1.00mi
1508 Gleneagle Rd Baltimore, MD	3.0	2.0	1824	$2,180	$1.20	4d	1	1.00mi
6612 Birchwood Ave Baltimore, MD	3.0	2.0	1122	$2,300	$2.05	19d	1	1.02mi
1545 E Cold Spring Ln Baltimore, MD	4.0	2.0	1240	$2,000	$1.61	43d	1	1.08mi
5520 Sagra Rd Baltimore, MD	3.0	1.5	1650	$1,900	$1.15	43d	1	1.14mi
3721 Frankford Ave Baltimore, MD	3.0	2.0	1600	$2,050	$1.28	43d	1	1.17mi
5204 Kelway Rd Baltimore, MD	3.0	2.0	1666	$2,350	$1.41	23d	1	1.20mi
3802 Biddison Ln Baltimore, MD	4.0	1.5	1443	$2,024	$1.40	11d	1	1.20mi
6101 Loch Raven Blvd Baltimore, MD	1.0–2.0	1.0–2.0	1138	$2,318	$2.04	2d	8	1.25mi
1444 Meridene Dr Baltimore, MD	3.0	1.5	1520	$1,950	$1.28	43d	1	1.27mi
1617 Argonne Dr Baltimore, MD	4.0	2.0	1200	$2,550	$2.12	43d	1	1.35mi
1221 Glenwood Ave Baltimore, MD	3.0	2.0	1390	$2,595	$1.87	43d	1	1.37mi
1224 Winston Ave Baltimore, MD	3.0	2.0	1248	$2,100	$1.68	17d	1	1.40mi
4023 Belwood Ave Baltimore, MD	3.0	1.0	1080	$1,995	$1.85	43d	1	1.42mi
1539 Ralworth Rd Baltimore, MD	3.0	2.0	1580	$1,950	$1.23	14d	1	1.42mi
4104 Parkwood Ave Baltimore, MD	3.0	1.0	1224	$2,800	$2.29	23d	1	1.46mi
1111 Gleneagle Rd Unit 2 Baltimore, MD	2.0	1.0	1452	$1,050	$0.72	43d	1	1.47mi
7202 Sindall Rd Unit 7202 Parkville, MD	3.0	1.0	1350	$1,850	$1.37	43d	1	1.48mi
2518 Moore Ave Parkville, MD	4.0	1.5	1896	$2,700	$1.42	43d	1	1.49mi
6405 Loch Crest Rd Idlewylde, MD	3.0	2.5	1440	$2,257	$1.57	43d	1	1.49mi
1106 Gleneagle Rd Unit 2 Baltimore, MD	2.0	1.0	1100	$1,450	$1.32	43d	1	1.49mi

Listing history 37 events

1. 2026-06-18
   days on market $220,000 Active 202 DOM
2. 2026-06-17
   days on market $220,000 Active 201 DOM
3. 2026-06-16
   days on market $220,000 Active 200 DOM
4. 2026-06-15
   days on market $220,000 Active 199 DOM
5. 2026-06-13
   days on market $220,000 Active 197 DOM
6. 2026-06-09
   days on market $220,000 Active 193 DOM
7. 2026-06-08
   days on market $220,000 Active 192 DOM
8. 2026-06-07
   days on market $220,000 Active 191 DOM
9. 2026-06-04
   days on market $220,000 Active 188 DOM
10. 2026-06-03
    days on market $220,000 Active 187 DOM
11. 2026-06-02
    days on market $220,000 Active 186 DOM
12. 2026-06-01
    days on market $220,000 Active 185 DOM
13. 2026-05-31
    days on market $220,000 Active 184 DOM
14. 2025-11-29
    listed $220,000 Active 956-char remark

    Show marketing remark (956 chars)

    Discover this well-maintained three-bedroom home featuring two and a half bathrooms, thoughtfully updated and perfectly positioned in one of the most convenient locations in the area. Just minutes from the university, major hospitals, public transportation, retail shopping, and a variety of everyday amenities, this property offers both lifestyle and long-term value. The home is not in need of major repairs and boasts key improvements including updated electrical systems, recent roofing upgrades, and energy-efficient solar panels. Inside, the layout is functional and comfortable, making it easy to move in and begin personalizing at your own pace. Whether you're a first-time buyer or an investor looking for strong upside potential, this home offers a rare opportunity to secure a great price and build significant equity over time. Move in now, enjoy the updates from day one, and position yourself for smart appreciation in a high-demand location.

15. 2025-11-19
    historical $220,000 956-char remark

    Show marketing remark (956 chars)

    Discover this well-maintained three-bedroom home featuring two and a half bathrooms, thoughtfully updated and perfectly positioned in one of the most convenient locations in the area. Just minutes from the university, major hospitals, public transportation, retail shopping, and a variety of everyday amenities, this property offers both lifestyle and long-term value. The home is not in need of major repairs and boasts key improvements including updated electrical systems, recent roofing upgrades, and energy-efficient solar panels. Inside, the layout is functional and comfortable, making it easy to move in and begin personalizing at your own pace. Whether you're a first-time buyer or an investor looking for strong upside potential, this home offers a rare opportunity to secure a great price and build significant equity over time. Move in now, enjoy the updates from day one, and position yourself for smart appreciation in a high-demand location.

16. 2024-02-15
    historical
17. 2024-01-27
    price $285,000
18. 2024-01-02
    price $290,000
19. 2023-09-17
    listed $295,000 Active
20. 2023-08-31
    historical
21. 2022-08-13
    historical
22. 2022-08-13
    listed $275,000 Active
23. 2022-07-23
    historical
24. 2012-08-29
    historical Withdrawn
25. 2012-08-28
    historical
26. 2012-06-22
    status Active
27. 2012-06-11
    historical Expired
28. 2012-06-11
    price Active
29. 2012-06-11
    status Active
30. 2012-06-01
    historical
31. 2012-03-09
    status Active
32. 2012-02-17
    historical
33. 2011-02-21
    listed Active
34. 2011-02-20
    listed $100,000
35. 2007-06-29
    soldstatus $194,500
36. 2007-06-04
    historical
37. 2007-05-21
    listed $189,900

ⓘ 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: $2,936 · $245/mo
• Projected year-2 tax: $2,936 · $245/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 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,113
• − Mortgage interest: −$12,323
• − Property taxes: −$2,936
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,009
• − Management: −$2,009
• − Depreciation: −$6,400
• Taxable loss: −$1,664
• Est. tax savings @ 24.0%: +$399
• After-tax cash flow: $2,358/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

+15.9% since first listed

24 events — show timeline

• 2025-11-29 Listed $220,000 BRIGHT MLS
• 2025-11-19 Coming Soon $220,000 BRIGHT MLS
• 2024-02-15 Listing Removed — BRIGHT MLS
• 2024-01-27 Price Changed $285,000 BRIGHT MLS
• 2024-01-02 Price Changed $290,000 BRIGHT MLS
• 2023-09-17 Listed $295,000 BRIGHT MLS
• 2023-08-31 Coming Soon — BRIGHT MLS
• 2022-08-13 Listing Removed — BRIGHT MLS
• 2022-08-13 Listed $275,000 BRIGHT MLS
• 2022-07-23 Coming Soon — BRIGHT MLS
• 2012-08-29 Delisted — MRIS
• 2012-08-28 Listing Removed — BRIGHT MLS
• 2012-06-22 Relisted — MRIS
• 2012-06-11 Delisted — MRIS
• 2012-06-11 Relisted — MRIS
• 2012-06-11 Price Changed — MRIS
• 2012-06-01 Delisted — MRIS
• 2012-03-09 Relisted — MRIS
• 2012-02-17 Delisted — MRIS
• 2011-02-21 Listed — MRIS
• 2011-02-20 Listed $100,000 BRIGHT MLS
• 2007-06-29 Sold (MLS) $194,500 MRIS
• 2007-06-04 Delisted — MRIS
• 2007-05-21 Listed $189,900 MRIS

Property tax history

-1.5%/yr

Latest (2025): $2,936 · +0.4% YoY. Source: county tax records.