4605 Anntana Ave · Baltimore, MD 21206

$299,999

6 bd · 1.0 ba · 1,524 sqft · SingleFamily public records · 51 Days on market

Built 1958 8,015 sqft lot $197/sqft · 40% above area Est $344k · 13% 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 +18.1/30.0
• ARV discount +13.2/15.0
• DSCR +5.7/10.0
• 1% rule +4.6/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE DROP!!! Welcome to 4605 Anntana Ave in Baltimore, MD—where modern updates blend seamlessly with a flexible, comfortable layout. This beautifully remodeled home features a retro-style kitchen and four bedrooms, with two conveniently located on the main level and two upstairs, offering plenty of options for living, working, and relaxing. The finished basement expands your living space even further, complete with a wet bar that could serve as a second kitchen, two additional bedrooms, and a full bathroom. Whether you envision a rental unit, in-law suite, private workspace, or recreation area, the possibilities are wide open. Step outside to a fenced backyard with a covered patio—perfect for entertaining or unwinding in your own outdoor retreat. With thoughtful upgrades throughout and a layout designed for versatility, this home is ready to welcome its next owner.

Key facts

• 8,015 sq ft lot
• Built 1958
• Listed 51 days

What this means for you Summary

Snapshot

• This is a 6-bed/1.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $264 ($3k/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 $287k (4.4% below list).
• Recommended offer: $287k (4.4% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 6.0% in Baltimore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 (+4.4%/yr); 173 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• At $2,867/mo this rent would consume 53% of the median local household income ($65k/yr) (locally 2317% 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 $9k 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 51 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $145k; list at $300k implies a 107% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $286,676 (4.4% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.96% ✗
• Cap rate: 7.35%
• Cash-on-cash: 3.77%
• DSCR: 1.17
• GRM: 8.7

CMA / ARV

• ARV (median comp): $343,758
• List price: $299,999
• Delta: -12.73%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4609 Frankford Ave	0.25mi	5/2.0 (-1)	1,592 (+4%)	7mo	$203,500	$128	66
5427 Daywalt Ave	0.66mi	5/2.0 (-1)	1,522 (-0%)	10mo	$330,000	$217	52
3814 Hamilton Ave	0.72mi	5/2.5 (-1)	1,612 (+6%)	8mo	$151,000	$94	39

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 · 4.43% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.67×
• Total profit: $-27,617
• Equity at exit: $44,731

10-year hold

• IRR: 2.4%
• Equity multiple: 1.18×
• Total profit: $15,272
• Equity at exit: $25,938

Cash invested: $84,000 (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 21206

• Rents YoY: 4.4%
• Active inventory: 173
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,867 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$303 /mo · $3,630/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$602
• Net cashflow: $264

Break-even live

Break-even rent $2,533

Max offer price $299,999

Occupancy floor 86%

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6504 Rosemont Ave Baltimore, MD	5.0	3.0	2098	$2,900	$1.38	44d	1	1.35mi
3031 Shannon Dr Baltimore, MD	5.0	2.5	2155	$2,600	$1.21	24d	1	1.48mi

Listing history 13 events

1. 2026-06-13
   statusdays on market $299,999 Pending 51 DOM
2. 2026-06-09
   days on market $299,999 Active 50 DOM
3. 2026-06-08
   days on market $299,999 Active 49 DOM
4. 2026-06-07
   days on market $299,999 Active 48 DOM
5. 2026-06-04
   days on market $299,999 Active 45 DOM
6. 2026-06-03
   days on market $299,999 Active 44 DOM
7. 2026-06-02
   days on market $299,999 Active 43 DOM
8. 2026-06-01
   days on market $299,999 Active 42 DOM
9. 2026-05-31
   days on market $299,999 Active 41 DOM
10. 2026-05-19
    price $299,999 890-char remark

    Show marketing remark (890 chars)

    PRICE DROP!!! Welcome to 4605 Anntana Ave in Baltimore, MD—where modern updates blend seamlessly with a flexible, comfortable layout. This beautifully remodeled home features a retro-style kitchen and four bedrooms, with two conveniently located on the main level and two upstairs, offering plenty of options for living, working, and relaxing. The finished basement expands your living space even further, complete with a wet bar that could serve as a second kitchen, two additional bedrooms, and a full bathroom. Whether you envision a rental unit, in-law suite, private workspace, or recreation area, the possibilities are wide open. Step outside to a fenced backyard with a covered patio—perfect for entertaining or unwinding in your own outdoor retreat. With thoughtful upgrades throughout and a layout designed for versatility, this home is ready to welcome its next owner.

11. 2026-04-21
    listed $310,000 Active 890-char remark

    Show marketing remark (890 chars)

    PRICE DROP!!! Welcome to 4605 Anntana Ave in Baltimore, MD—where modern updates blend seamlessly with a flexible, comfortable layout. This beautifully remodeled home features a retro-style kitchen and four bedrooms, with two conveniently located on the main level and two upstairs, offering plenty of options for living, working, and relaxing. The finished basement expands your living space even further, complete with a wet bar that could serve as a second kitchen, two additional bedrooms, and a full bathroom. Whether you envision a rental unit, in-law suite, private workspace, or recreation area, the possibilities are wide open. Step outside to a fenced backyard with a covered patio—perfect for entertaining or unwinding in your own outdoor retreat. With thoughtful upgrades throughout and a layout designed for versatility, this home is ready to welcome its next owner.

12. 2026-04-03
    historical $310,000 890-char remark

    Show marketing remark (890 chars)

    PRICE DROP!!! Welcome to 4605 Anntana Ave in Baltimore, MD—where modern updates blend seamlessly with a flexible, comfortable layout. This beautifully remodeled home features a retro-style kitchen and four bedrooms, with two conveniently located on the main level and two upstairs, offering plenty of options for living, working, and relaxing. The finished basement expands your living space even further, complete with a wet bar that could serve as a second kitchen, two additional bedrooms, and a full bathroom. Whether you envision a rental unit, in-law suite, private workspace, or recreation area, the possibilities are wide open. Step outside to a fenced backyard with a covered patio—perfect for entertaining or unwinding in your own outdoor retreat. With thoughtful upgrades throughout and a layout designed for versatility, this home is ready to welcome its next owner.

13. 2026-01-08
    soldstatus $145,000

ⓘ 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: $3,630 · $303/mo
• Projected year-2 tax: $3,630 · $303/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 6/10 Major FEMA zone X (unshaded) · 68% 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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,401
• − Mortgage interest: −$16,805
• − Property taxes: −$3,630
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,752
• − Management: −$2,752
• − Depreciation: −$8,727
• Taxable loss: −$1,765
• Est. tax savings @ 24.0%: +$424
• After-tax cash flow: $3,592/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): 48,902
• Household income: $64,531
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 2317.0

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 20% Two or more races 3% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 3% Ukrainian 1%
• Foreign-born: 8% · Canada
• Languages at home: 92% English-only · Spanish 2% Arabic 2% Other Indo-European 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: ▼ -191.83%
• Current HPI: 284.5645
• Rent YoY: ▲ 4.43%
• 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

+106.9% since first listed

4 events — show timeline

• 2026-05-19 Price Changed $299,999 BRIGHT MLS
• 2026-04-21 Listed $310,000 BRIGHT MLS
• 2026-04-03 Coming Soon $310,000 BRIGHT MLS
• 2026-01-08 Sold (Public Records) $145,000 Public Records

Property tax history

-0.7%/yr

Latest (2025): $3,630 · +2.8% YoY. Source: county tax records.