930 Dalton Ave · Dundalk, MD 21224

$160,000

3 bd · 1.0 ba · 1,144 sqft · Townhouse public records · 6 Days on market

Built 1958 2,016 sqft lot Est $190k · 16% 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 +14.6/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special in the heart of Dundalk! Estate sale being sold strictly as-is. This 3 bedroom, 1 bath brick interior townhome offers strong upside potential for investors looking for their next flip or rental property. Features include central air, classic 3-bedroom layout upstairs, solid brick construction, and an unfinished walkout basement with additional value-add opportunity. Renovated homes in the area are consistently selling in the $215K–$230K+ range, while rental demand remains strong at $2,000+/month. Conveniently located near shopping, dining, commuter routes, and local amenities. Property is vacant and ready for renovation. Cash or hard money financing only. Bring your v

Key facts

• Strong rental demand
• Local amenities
• Central air

Tags

• CENTRAL AIR
• SOLID BRICK CONSTRUCTION
• UNFINISHED WALKOUT BASEMENT
• STRONG RENTAL DEMAND
• DINING COMMUTER ROUTES
• LOCAL AMENITIES

Property features AI

Finance

• Financial info: Property is on ground rent (payment semi-annually); Below-grade area and above-grade area documented (assessor sources)

Exterior

• Parking: Driveway parking (1 space)
• Utilities: Public water; Public sewer
• Home design: Interior townhouse/rowhouse; Built (year source: Assessor)
• Construction: Brick exterior; Block foundation; Unfinished and partially finished lower level
• Exterior features: Brick construction; Above- and below-grade structures noted; Ground rent payable semi-annually

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Unfinished basement with some finished area; Multiple access exits (2+)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $631 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Cap rate 11.0% vs local median 6.2% in Dundalk — 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 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.
• Market conditions: Rents rising (+1.3%/yr); 391 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); solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 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 $5k 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.
• At projected returns (-3.0% appreciation + 1.3% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $125k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1958 — 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 $160,000

Questions for the listing agent

1. Built in 1958 — 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. 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: 1.35% ✓
• Cap rate: 11.03%
• Cash-on-cash: 16.90%
• DSCR: 1.75
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $189,904
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7552 Rabon Ave	0.38mi	3/1.5	1,144 (0%)	2mo	$132,000	$115	79
805 Mildred Ave	0.41mi	3/1.5	1,144 (0%)	1mo	$235,000	$205	78
640 Aldworth Rd	0.38mi	3/2.0	1,144 (0%)	9mo	$150,000	$131	70
7911 Bank St	0.50mi	3/1.0	1,080 (-6%)	5mo	$140,000	$130	63
7475 Rabon Ave	0.45mi	3/1.5	1,024 (-10%)	4mo	$170,000	$166	57
7304 Stratton Way	0.66mi	3/1.5	1,080 (-6%)	5mo	$215,000	$199	54
8022 Lansdale Rd	0.60mi	2/2.0 (-1)	1,120 (-2%)	9mo	$189,000	$169	52
7944 Lansdale Rd	0.58mi	3/1.0	1,024 (-10%)	4mo	$137,200	$134	52
7756 Wynbrook Rd	0.69mi	2/1.0 (-1)	1,171 (+2%)	9mo	$169,900	$145	51
7315 Stratton Way	0.63mi	3/2.0	1,215 (+6%)	6mo	$250,000	$206	51
874 Mildred Ave	0.53mi	3/2.0	1,280 (+12%)	3mo	$226,000	$177	49
7721 Wynbrook Rd	0.68mi	2/2.0 (-1)	1,280 (+12%)	2mo	$155,000	$121	38

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: 6.2%
• Equity multiple: 1.24×
• Total profit: $10,662
• Equity at exit: $23,857

10-year hold

• IRR: 14.1%
• Equity multiple: 2.04×
• Total profit: $46,744
• Equity at exit: $13,834

Cash invested: $44,800 (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 21224

• Rents YoY: 1.3%
• Active inventory: 391
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,166 high
• Mortgage (P&I): −$839
• Tax from tax record: −$174 /mo · $2,088/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $631

Break-even live

Break-even rent $1,367

Max offer price $160,000

Occupancy floor 66%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
944 Dalton Ave Baltimore, MD	3.0	2.0	1024	$2,100	$2.05	11d	1	0.03mi
932 Elton Ave Baltimore, MD	3.0	2.0	1024	$1,950	$1.90	18d	1	0.05mi
901 Elton Ave Baltimore, MD	4.0	2.0	1056	$2,800	$2.65	44d	1	0.09mi
7517 Belmont Ave Baltimore, MD	2.0	1.0	720	$1,800	$2.50	18d	1	0.14mi
7444 Berkshire Rd Baltimore, MD	3.0	1.5	1228	$1,850	$1.51	5d	1	0.19mi
7520 Durwood Rd Dundalk, MD	3.0	1.0	1110	$2,100	$1.89	44d	1	0.33mi
608 Northpoint Rd Baltimore, MD	3.0	1.5	1148	$1,895	$1.65	24d	1	0.35mi
7484 Rabon Ave Dundalk, MD	3.0	1.5	1499	$2,000	$1.33	44d	1	0.40mi
505 Northpoint Rd Baltimore, MD	3.0	2.0	1300	$2,195	$1.69	11d	1	0.49mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	15d	1	0.49mi
7911 Bank St Baltimore, MD	3.0	1.0	1080	$1,749	$1.62	44d	1	0.51mi
8036 Lansdale Rd Unit 1 Baltimore, MD	3.0	1.0	1024	$1,775	$1.73	5d	1	0.62mi
309 52nd St Unit A Baltimore, MD	2.0	1.0	722	$1,350	$1.87	24d	1	0.66mi
7716 Wynbrook Rd Baltimore, MD	2.0	1.0	1232	$1,800	$1.46	44d	1	0.71mi
7261 Bridgewood Dr Baltimore, MD	3.0	2.0	896	$2,495	$2.78	24d	1	0.72mi
7915 Eastdale Rd Baltimore, MD	2.0	1.0	896	$1,500	$1.67	44d	1	0.72mi
7325 Conley St Baltimore, MD	3.0	2.0	1290	$1,950	$1.51	18d	1	0.74mi
7319 Conley St Baltimore, MD	3.0	2.0	1080	$1,950	$1.81	18d	1	0.74mi
7948 Eastdale Rd Baltimore, MD	3.0	1.0	1024	$1,700	$1.66	44d	1	0.76mi
7951 E Baltimore St Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	2d	1	0.78mi
7219 Conley St Baltimore, MD	4.0	1.5	1440	$1,950	$1.35	15d	1	0.81mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	3d	1	0.83mi
7230 Conley St Unit 1 Baltimore, MD	3.0	1.5	1144	$2,100	$1.84	24d	1	0.83mi
530 47th St Baltimore, MD	3.0	1.0	1424	$1,750	$1.23	24d	1	0.86mi
630 47th St Unit B Baltimore, MD	2.0	1.0	750	$1,200	$1.60	44d	1	0.88mi
628 47th St Apt RW2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	11d	1	0.89mi
7136 Eastbrook Ave Baltimore, MD	4.0	2.0	996	$2,200	$2.21	5d	1	0.92mi
7124 Gough St Baltimore, MD	2.0	1.5	1096	$1,700	$1.55	22d	1	0.96mi
7058 Eastbrook Ave Baltimore, MD	3.0	2.0	1228	$1,700	$1.38	11d	1	0.96mi
1533 Leslie Rd Dundalk, MD	4.0	1.0	1270	$2,000	$1.57	44d	1	0.99mi
7508 Ives Ln Dundalk, MD	2.0	1.0	896	$1,750	$1.95	44d	1	0.99mi
6905 Bank St Baltimore, MD	2.0	1.5	784	$1,650	$2.10	44d	1	1.04mi
6802 Conley St Baltimore, MD	2.0	1.5	939	$1,750	$1.86	22d	1	1.10mi
7 Robinson Ave Dundalk, MD	3.0	2.0	1100	$2,600	$2.36	44d	1	1.13mi
1955 Walnut Ave Dundalk, MD	3.0	1.0	950	$2,300	$2.42	44d	1	1.15mi
6710 Hudson St Baltimore, MD	4.0	4.0	1156	$3,500	$3.03	24d	1	1.26mi
414 Westfield Rd Dundalk, MD	3.0	1.0	1024	$2,300	$2.25	44d	1	1.27mi
6722 Brentwood Ave Unit 2FL Dundalk, MD	3.0	1.0	900	$1,750	$1.94	44d	1	1.36mi
3000 Wallford Dr Dundalk, MD	1.0–2.0	1.0	717	$1,330	$1.85	3d	35	1.42mi
334 Kane St Baltimore, MD	2.0	2.0	1050	$1,675	$1.60	24d	1	1.42mi

Listing history 3 events

1. 2026-05-21
   listed $160,000 Active
2. 2006-07-21
   soldstatus $125,000
3. 1985-04-23
   soldstatus $42,000

ⓘ 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: $2,088 · $174/mo
• Projected year-2 tax: $2,088 · $174/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: $25,987
• − Mortgage interest: −$8,962
• − Property taxes: −$2,088
• − Insurance: −$800
• − Repairs & maintenance: −$2,079
• − Management: −$2,079
• − Depreciation: −$4,655
• Taxable income: $5,324
• Est. tax owed @ 24.0%: −$1,278
• After-tax cash flow: $6,295/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 City · 558,601 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• 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

+281.0% since first listed

3 events — show timeline

• 2026-05-21 Listed $160,000 BRIGHT MLS
• 2006-07-21 Sold (Public Records) $125,000 Public Records
• 1985-04-23 Sold (Public Records) $42,000 Public Records

Property tax history

+2.4%/yr

Latest (2025): $2,088 · +7.7% YoY. Source: county tax records.