5507 Whitby Rd · Baltimore, MD 21206

$200,000

3 bd · 1.0 ba · 1,152 sqft · Townhouse public records · 1 Days on market

Built 1959 1,776 sqft lot $174/sqft · 9% above area Est $184k · 9% over

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Why this score? — see what drove the D 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 +16.5/30.0
• DSCR +5.1/10.0
• 1% rule +4.3/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• ARV discount +3.5/15.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this beautifully renovated, move-in-ready 3-bedroom, 2-bath townhome! The bright, open floor plan shines with designer finishes, new flooring, and modern recessed lighting. At its heart is a stunning kitchen boasting sleek 2025 stainless-steel appliances. Enjoy ultimate peace of mind with major upgrades, including a new HVAC (2025), water heater (2026), and sump pump (2026). The partially finished basement features a brand-new full bathroom and gorgeous hardwood flooring, perfectly for entertaining. Bonus 2-car parking pad, this gem won’t last. Schedule your showing today!

Key facts

• 2 parking spots
• Built 1959

Property features AI

Exterior

• Parking: 2 off-street paved parking spaces (total 2 garage/parking spaces)
• Utilities: Public water; Public sewer; Natural gas available; Hot water: natural gas; Cable internet/TV available
• Home design: Interior townhouse/rowhouse; Facing direction not specified; Entry level information not specified
• Construction: Brick construction; Shingle roof; Concrete perimeter foundation (permanent); Basement with interior access, outside entrance, connecting stairway; improved and unfinished; sump pump; Year built source: Assessor
• Exterior features: Patio(s); Street lights

Interior

• Kitchen: Built-in microwave; Dishwasher; Disposal; Exhaust fan; Gas range/oven; Refrigerator; Stainless steel appliances
• Bedrooms: 3 bedrooms on main level
• Flooring: Hardwood
• Bathrooms: 2 full bathrooms on main level; 2 full bathrooms total
• Heating & cooling: Forced air heating (natural gas); Central heating; Central air conditioning; Programmable thermostat; Ceiling fans
• Interior features: Open floor plan; Combination kitchen/dining; Recessed lighting; Skylights; Upgraded countertops; Ceiling fans; Drywall walls and ceilings; Wood floors
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $118 ($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 $186k (7.0% below list).
• Recommended offer: $186k (7.0% 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: 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; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 35% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 29y 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 $94k; list at $200k implies a 113% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — 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 $186,083 (7.0% below list)

Questions for the listing agent

1. Built in 1959 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.93% ✗
• Cap rate: 7.00%
• Cash-on-cash: 2.54%
• DSCR: 1.11
• GRM: 9.0

CMA / ARV

• ARV (median comp): $183,535
• List price: $200,000
• Delta: 8.97%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5536 Whitby Rd	0.09mi	3/1.5	1,152 (0%)	6mo	$137,500	$119	89
6021 Arizona Ave	0.15mi	3/1.5	1,152 (0%)	6mo	$164,900	$143	86
5454 Cedonia Ave	0.12mi	4/2.0 (+1)	1,152 (0%)	1mo	$215,000	$187	84
5516 Seward Ave	0.42mi	3/1.5	1,164 (+1%)	2mo	$140,000	$120	75
5654 Whitby Rd	0.33mi	3/1.5	1,184 (+3%)	12mo	$248,750	$210	68
8124 Bartholomew Ct	0.54mi	3/2.5	1,148 (-0%)	6mo	$330,900	$288	64
4540 Hazelwood Ave	0.54mi	3/1.5	1,080 (-6%)	10mo	$180,000	$167	54
5327 Todd Ave	0.48mi	4/2.0 (+1)	1,024 (-11%)	1mo	$259,900	$254	49
5907 Daywalt Ave	0.32mi	2/1.5 (-1)	1,008 (-12%)	11mo	$125,000	$124	48
5006 Anntana Ave	0.57mi	3/2.5	1,024 (-11%)	2mo	$260,000	$254	47
4921 Greencrest Rd	0.72mi	3/1.5	1,280 (+11%)	1mo	$112,500	$88	45
5904 Willet Ave	0.72mi	2/1.0 (-1)	1,258 (+9%)	5mo	$180,000	$143	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 · 4.43% rent growth · sell at horizon

5-year hold

• IRR: -10.7%
• Equity multiple: 0.60×
• Total profit: $-22,138
• Equity at exit: $29,821

10-year hold

• IRR: 0.5%
• Equity multiple: 1.03×
• Total profit: $1,949
• Equity at exit: $17,292

Cash invested: $56,000 (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: 9.0×

Monthly cashflow live

• Estimated rent: $1,861 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$219 /mo · $2,633/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $118

Break-even live

Break-even rent $1,711

Max offer price $200,000

Occupancy floor 89%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5904 Arizona Ave Unit B Baltimore, MD	3.0	2.0	925	$1,550	$1.68	23d	1	0.21mi
4909 Hamilton Ave Baltimore, MD	2.0–3.0	2.0	862	$1,550	$1.80	2d	5	0.22mi
4907 Hamilton Ave Unit B Baltimore, MD	3.0	2.0	925	$1,699	$1.84	43d	1	0.26mi
4905 Hamilton Ave Apt B Baltimore, MD	3.0	2.0	925	$1,550	$1.68	23d	1	0.26mi
4903 1/2 Hamilton Ave Apt B Baltimore, MD	3.0	2.0	925	$1,550	$1.68	23d	1	0.26mi
4903 1/2 Hamilton Ave Unit A Baltimore, MD	2.0	2.0	800	$1,450	$1.81	23d	1	0.26mi
6042 Barstow Rd Baltimore, MD	1.0–3.0	1.0	736	$1,527	$2.07	2d	1	0.33mi
5738 Cedonia Ave Baltimore, MD	2.0	1.0	797	$1,385	$1.74	2d	3	0.35mi
5253 Cedgate Rd Unit 1 Baltimore, MD	3.0	1.5	1152	$2,200	$1.91	43d	1	0.42mi
5313 Todd Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	16d	1	0.52mi
4924 Frankford Ave Baltimore, MD	4.0	2.0	1176	$2,600	$2.21	23d	1	0.61mi
1732 Chesaco Ave Rosedale, MD	3.0	1.0	1260	$2,295	$1.82	43d	1	0.71mi
4308 Hamilton Ave Baltimore, MD	2.0	1.0	1110	$1,416	$1.28	23d	1	0.78mi
5611 Force Rd Baltimore, MD	3.0	1.5	1296	$1,850	$1.43	43d	1	0.89mi
5938 Clayton Ave Baltimore, MD	4.0	2.0	1296	$2,872	$2.22	16d	1	0.89mi
5632 Belair Rd Baltimore, MD	3.0	1.5	1260	$2,100	$1.67	23d	1	0.96mi
4111 Century Rd Baltimore, MD	3.0	1.5	1432	$2,500	$1.75	43d	1	0.98mi
5906 Benton Heights Ave Baltimore, MD	2.0	1.0	780	$1,350	$1.73	43d	1	1.07mi
2009 Longview Ave Rosedale, MD	3.0	2.0	1062	$2,500	$2.35	14d	1	1.13mi
4901 Gunther Ave Baltimore, MD	1.0–3.0	1.0–2.0	742	$1,463	$1.97	2d	1	1.14mi
8212 Dorset Ave Rosedale, MD	4.0	1.5	1479	$2,250	$1.52	43d	1	1.14mi
4517 Woodlea Ave Baltimore, MD	2.0	2.0	1326	$1,900	$1.43	2d	1	1.15mi
5424 Belle Vista Ave Baltimore, MD	2.0	1.0	932	$1,300	$1.39	43d	1	1.18mi
5305 Moravia Rd Baltimore, MD	3.0	1.0	679	$1,993	$2.93	2d	1	1.20mi
4007 Biddison Ln Apt 1 Baltimore, MD	2.0	1.0	1000	$1,279	$1.28	17d	1	1.24mi
4023 Belwood Ave Baltimore, MD	3.0	1.0	1080	$1,995	$1.85	43d	1	1.25mi
4104 Parkwood Ave Baltimore, MD	3.0	1.0	1224	$2,800	$2.29	23d	1	1.26mi
6004 Amberwood Rd Baltimore, MD	2.0	1.0	751	$1,220	$1.62	19d	1	1.33mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1152	$1,700	$1.48	21d	1	1.38mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1440	$1,700	$1.18	23d	1	1.38mi
3802 Biddison Ln Baltimore, MD	4.0	1.5	1443	$2,024	$1.40	11d	1	1.38mi
4409 Moravia Rd Baltimore, MD	2.0	1.0	861	$1,385	$1.61	43d	3	1.44mi
3607 Bayonne Ave Unit 2 Baltimore, MD	2.0	1.0	900	$1,300	$1.44	23d	1	1.46mi

Listing history 7 events

1. 2026-04-30
   historical $185,900 655-char remark
2. 2005-06-28
   soldstatus $94,000
3. 1997-12-19
   soldstatus $39,000
4. 1997-08-18
   soldstatus $39,000
5. 1997-08-13
   historical
6. 1997-03-14
   listed $51,350
7. 1990-06-04
   soldstatus $63,000

ⓘ 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: $2,633 · $219/mo
• Projected year-2 tax: $2,633 · $219/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: $22,330
• − Mortgage interest: −$11,203
• − Property taxes: −$2,633
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,786
• − Management: −$1,786
• − Depreciation: −$5,818
• Taxable loss: −$1,897
• Est. tax savings @ 24.0%: +$455
• After-tax cash flow: $1,877/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

+217.5% since first listed

11 events — show timeline

• 2026-05-25 Pending — BRIGHT MLS
• 2026-05-25 Listed $200,000 BRIGHT MLS
• 2026-05-24 Listing Removed — BRIGHT MLS
• 2026-05-19 Price Changed $200,000 BRIGHT MLS
• 2026-04-30 Coming Soon — BRIGHT MLS
• 2005-06-28 Sold (Public Records) $94,000 Public Records
• 1997-12-19 Sold (Public Records) $39,000 Public Records
• 1997-08-18 Sold (MLS) $39,000 MRIS
• 1997-08-13 Delisted — MRIS
• 1997-03-14 Listed $51,350 MRIS
• 1990-06-04 Sold (Public Records) $63,000 Public Records

Property tax history

+0.6%/yr

Latest (2025): $2,633 · +2.7% YoY. Source: county tax records.