5105 Plymouth · Baltimore, MD 21214

$164,999

3 bd · 2.5 ba · 1,754 sqft · Townhouse public records · 22 Days on market

Built 1948 4,356 sqft lot Est $274k · 40% 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 +26.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.2/10.0
• 1% rule +7.7/10.0
• 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

A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

Key facts

• 0.1-acre lot
• On-street parking
• Historic charm

Tags

• RENOVATED COLONIAL HOME
• PARTIALLY FINISHED BASEMENT
• BRICK CONSTRUCTION
• 0.1-ACRE LOT
• ON-STREET PARKING
• HISTORIC CHARM

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $165k.

Deal economics

• At list price, monthly cash flow is $451 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $163k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.6% 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: 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; 27 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 $1k of loan paydown is wiped out by about $5k 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 + 3.0% rent growth), your $46k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 26y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1948 — 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 $162,524 (1.5% below list)

Questions for the listing agent

1. Built in 1948 — 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: 1.27% ✓
• Cap rate: 9.57%
• Cash-on-cash: 11.70%
• DSCR: 1.52
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $273,624
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5033 Plymouth Rd	0.03mi	4/2.0 (+1)	1,564 (-11%)	1mo	$225,000	$144	73
5214 Harford Rd Unit N/A	0.46mi	3/1.5	1,711 (-2%)	4mo	$127,000	$74	67
2013 Ramblewood Rd	0.47mi	4/2.0 (+1)	1,800 (+3%)	1mo	$290,000	$161	66
5205 Hampnett Ave	0.43mi	3/2.5	1,860 (+6%)	5mo	$290,000	$156	66
1631 Woodbourne Ave	0.74mi	3/2.0	1,700 (-3%)	4mo	$210,000	$124	54
1814 Winford Rd	0.57mi	4/2.0 (+1)	1,600 (-9%)	2mo	$280,000	$175	50
1702 Burnwood Rd	0.61mi	4/2.0 (+1)	1,600 (-9%)	1mo	$283,000	$177	49
5104 Harford Rd	0.46mi	3/2.0	1,496 (-15%)	6mo	$175,000	$117	47
1809 Hillenwood Rd	0.56mi	4/2.0 (+1)	1,580 (-10%)	4mo	$255,000	$161	47
5413 Hillen Rd	0.61mi	4/2.0 (+1)	1,920 (+10%)	2mo	$265,000	$138	47
1717 Hartsdale Rd	0.67mi	4/2.0 (+1)	1,600 (-9%)	4mo	$295,000	$184	44
1708 Hartsdale Rd	0.67mi	3/1.5	1,534 (-12%)	4mo	$165,375	$108	41

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: 1.2%
• Equity multiple: 1.04×
• Total profit: $2,031
• Equity at exit: $24,602

10-year hold

• IRR: 10.8%
• Equity multiple: 1.84×
• Total profit: $39,019
• Equity at exit: $14,266

Cash invested: $46,200 (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: 6.5×

Monthly cashflow live

• Estimated rent: $2,102 high
• Mortgage (P&I): −$865
• Tax from tax record: −$276 /mo · $3,310/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $451

Break-even live

Break-even rent $1,531

Max offer price $164,999

Occupancy floor 74%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2028 Hillenwood Rd Baltimore, MD	4.0	2.0	1820	$2,100	$1.15	22d	1	0.38mi
5781 Edgepark Rd Baltimore, MD	3.0	2.0	1568	$1,975	$1.26	16d	1	0.41mi
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	44d	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	20d	1	0.48mi
1804 Winford Rd Baltimore, MD	3.0	1.5	1600	$2,100	$1.31	24d	1	0.57mi
2918 Grindon Ave Unit 1ST Baltimore, MD	2.0	1.0	2000	$1,250	$0.62	44d	1	0.73mi
2804 Christopher Ave Baltimore, MD	3.0	2.5	1280	$2,200	$1.72	24d	1	0.77mi
1646 Wadsworth Way Baltimore, MD	3.0	1.0	1520	$2,100	$1.38	11d	1	0.78mi
3514 Ailsa Ave Baltimore, MD	3.0	2.0	1800	$2,200	$1.22	44d	1	0.96mi
3510 Hamilton Ave Baltimore, MD	3.0	2.5	2100	$2,300	$1.10	24d	1	1.00mi
1508 Gleneagle Rd Baltimore, MD	3.0	2.0	1824	$2,180	$1.20	4d	1	1.00mi
1545 E Cold Spring Ln Baltimore, MD	4.0	2.0	1240	$2,000	$1.61	44d	1	1.08mi
5520 Sagra Rd Baltimore, MD	3.0	1.5	1650	$1,900	$1.15	44d	1	1.14mi
3721 Frankford Ave Baltimore, MD	3.0	2.0	1600	$2,050	$1.28	44d	1	1.17mi
5204 Kelway Rd Baltimore, MD	3.0	2.0	1666	$2,350	$1.41	24d	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	44d	1	1.27mi
1221 Glenwood Ave Baltimore, MD	3.0	2.0	1390	$2,595	$1.87	44d	1	1.37mi
1224 Winston Ave Baltimore, MD	3.0	2.0	1248	$2,100	$1.68	18d	1	1.40mi
1539 Ralworth Rd Baltimore, MD	3.0	2.0	1580	$1,950	$1.23	15d	1	1.42mi
1111 Gleneagle Rd Unit 2 Baltimore, MD	2.0	1.0	1452	$1,050	$0.72	44d	1	1.47mi
7202 Sindall Rd Unit 7202 Parkville, MD	3.0	1.0	1350	$1,850	$1.37	44d	1	1.48mi
2518 Moore Ave Parkville, MD	4.0	1.5	1896	$2,700	$1.42	44d	1	1.49mi
6405 Loch Crest Rd Idlewylde, MD	3.0	2.5	1440	$2,257	$1.57	44d	1	1.49mi

Listing history 14 events

1. 2026-03-04
   status Pending
2. 2026-02-25
   price $164,999
3. 2026-02-10
   listed $175,000 Active
4. 2018-06-22
   soldstatus $175,000 Closed 252-char remark

   Show marketing remark (252 chars)

   A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

5. 2018-06-22
   soldstatus $175,000 Sold 252-char remark

   Show marketing remark (252 chars)

   A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

6. 2018-06-12
   soldstatus $175,000
7. 2018-05-06
   status Pending 252-char remark

   Show marketing remark (252 chars)

   A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

8. 2018-05-06
   status Contract 252-char remark

   Show marketing remark (252 chars)

   A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

9. 2018-05-03
   listed $169,900 Active 252-char remark

   Show marketing remark (252 chars)

   A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

10. 2018-05-03
    listed $169,900 Active 252-char remark

    Show marketing remark (252 chars)

    A wonderful opportunity to own this beautifully renovated townhome. Featuring NEW, paint, carpet, HVAC, and appliances! Refinished hardwood floors, ceramic baths and a gourmet kitchen. Enclosed, rear sunporch. This one won't last long! See it, TODAY!

11. 2000-10-03
    soldstatus $81,000
12. 2000-09-28
    soldstatus $81,000
13. 2000-08-07
    historical
14. 2000-07-13
    listed $75,000

ⓘ 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: $3,310 · $276/mo
• Projected year-2 tax: $3,310 · $276/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: $25,220
• − Mortgage interest: −$9,243
• − Property taxes: −$3,310
• − Insurance: −$825
• − Repairs & maintenance: −$2,018
• − Management: −$2,018
• − Depreciation: −$4,800
• Taxable income: $3,008
• Est. tax owed @ 24.0%: −$722
• After-tax cash flow: $4,684/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

+120.0% since first listed

14 events — show timeline

• 2026-03-04 Pending — BRIGHT MLS
• 2026-02-25 Price Changed $164,999 BRIGHT MLS
• 2026-02-10 Listed $175,000 BRIGHT MLS
• 2018-06-22 Sold (MLS) $175,000 MRIS
• 2018-06-22 Sold (MLS) $175,000 BRIGHT MLS
• 2018-06-12 Sold (Public Records) $175,000 Public Records
• 2018-05-06 Pending — BRIGHT MLS
• 2018-05-06 Pending — MRIS
• 2018-05-03 Listed $169,900 MRIS
• 2018-05-03 Listed $169,900 BRIGHT MLS
• 2000-10-03 Sold (Public Records) $81,000 Public Records
• 2000-09-28 Sold (MLS) $81,000 MRIS
• 2000-08-07 Delisted — MRIS
• 2000-07-13 Listed $75,000 MRIS

Property tax history

-1.0%/yr

Latest (2025): $3,310 · -0.1% YoY. Source: county tax records.