2711 Yarnall Rd · Baltimore Highlands, MD 21227

$210,000

3 bd · 1.0 ba · 1,024 sqft · Townhouse public records · 7 Days on market

Built 1956 1,760 sqft lot $205/sqft · at area comps Est $210k · at est.

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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 +20.3/30.0
• ARV discount +7.6/15.0
• DSCR +6.5/10.0
• 1% rule +4.0/10.0
• Livability +4.0/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special! 3 bedroom - 1 full bath home. Home needs work.

Key facts

• Built 1956
• Listed 7 days

Property features AI

Finance

• Financial info: Ownership interest: Ground rent (paid annually); Ground rent amount: $96 per year; Improvement assessed value listed (for reference)

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Interior townhouse/rowhouse; Excellent condition; Above-grade finished living space
• Construction: Brick construction; Slab foundation
• Exterior features: No tidal water

Interior

• Kitchen: Kitchen (appliances not specified)
• Bedrooms: Three bedrooms on the upper level (Bedroom 1, Bedroom 2, Bedroom 3)
• Bathrooms: One full bathroom (on the upper level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric)
• Interior features: Sitting room; Family room; Kitchen
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $210k.

Deal economics

• At list price, monthly cash flow is $270 ($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 $190k (9.5% below list).
• Recommended offer: $190k (9.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#54 in MD, #1,984 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, crime D-.
• 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 (+1.2%/yr); 99 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $6k 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.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 1956 — 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 $190,002 (9.5% below list)

Questions for the listing agent

1. Built in 1956 — 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. Crime grade is D 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?
4. 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?
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: 0.90% ✗
• Cap rate: 7.84%
• Cash-on-cash: 5.52%
• DSCR: 1.25
• GRM: 9.2

CMA / ARV

• ARV (median comp): $210,356
• List price: $210,000
• Delta: -0.17%
• 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
2725 Yarnall Rd	0.02mi	3/1.0	1,024 (0%)	5mo	$210,000	$205	95
2754 Yarnall Rd	0.10mi	3/1.0	1,024 (0%)	7mo	$265,000	$259	89
4432 Annapolis Rd	0.19mi	3/1.5	1,024 (0%)	6mo	$228,000	$223	85
2773 Yarnall Rd	0.12mi	3/1.0	1,101 (+8%)	3mo	$229,500	$208	80
1017 Fredonia Ct	0.41mi	3/1.0	1,024 (0%)	8mo	$140,000	$137	74
3055 Freeway	0.49mi	3/1.0	1,024 (0%)	6mo	$160,000	$156	72
430 Burbank Ct	0.49mi	3/1.0	1,024 (0%)	6mo	$195,000	$190	72
3167 Bero Rd	0.54mi	3/1.0	1,024 (0%)	4mo	$165,000	$161	71
925 Catawba Ct	0.54mi	3/1.0	1,024 (0%)	9mo	$195,000	$190	67
446 Bigley Ave	0.69mi	3/1.0	1,024 (0%)	5mo	$150,000	$146	64
800 Seckel Ct	0.68mi	2/1.0 (-1)	1,024 (0%)	6mo	$135,000	$132	59
3103 Ryerson Cir	0.74mi	3/1.0	1,116 (+9%)	6mo	$179,900	$161	45

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 · 1.17% rent growth · sell at horizon

5-year hold

• IRR: -9.6%
• Equity multiple: 0.65×
• Total profit: $-20,358
• Equity at exit: $31,312

10-year hold

• IRR: -2.6%
• Equity multiple: 0.84×
• Total profit: $-9,587
• Equity at exit: $18,157

Cash invested: $58,800 (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 21227

• Rents YoY: 1.2%
• Active inventory: 99
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,900 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$42 /mo · $504/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $270

Break-even live

Break-even rent $1,558

Max offer price $210,000

Occupancy floor 81%

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
902 Catawba Ct Halethorpe, MD	3.0	1.0	906	$1,495	$1.65	22d	1	0.61mi
3111 Bero Rd Halethorpe, MD	3.0	2.0	1024	$1,750	$1.71	44d	1	0.65mi
3167 Ryerson Cir Halethorpe, MD	3.0	1.5	1116	$1,995	$1.79	5d	1	0.74mi
3010 Alabama Ave Halethorpe, MD	2.0	1.0	900	$2,200	$2.44	18d	1	0.78mi
3269 Ryerson Cir Halethorpe, MD	3.0	2.0	1303	$1,700	$1.30	10d	1	0.85mi
4369 Hollins Ferry Rd Halethorpe, MD	3.0	1.0	1152	$1,900	$1.65	44d	1	0.96mi
2715 Hammonds Ferry Rd Halethorpe, MD	2.0	1.0	992	$1,500	$1.51	44d	1	1.34mi
2200 W Patapsco Ave Baltimore, MD	3.0	1.0	890	$1,569	$1.76	44d	1	1.36mi
2745 Round Rd Brooklyn, MD	2.0	2.0	756	$1,800	$2.38	44d	1	1.41mi
303 Arden Rd W Brooklyn, MD	3.0	2.0	1388	$2,500	$1.80	18d	1	1.45mi

Listing history 5 events

1. 2026-05-15
   listed $210,000 Active 416-char remark
2. 2026-05-04
   historical $210,000 416-char remark
3. 2025-08-07
   soldstatus $119,000 Closed 64-char remark

   Show marketing remark (64 chars)

   Investor special! 3 bedroom - 1 full bath home. Home needs work.

4. 2025-07-28
   status Pending 64-char remark

   Show marketing remark (64 chars)

   Investor special! 3 bedroom - 1 full bath home. Home needs work.

5. 2025-07-28
   listed $115,000 Active 64-char remark

   Show marketing remark (64 chars)

   Investor special! 3 bedroom - 1 full bath home. Home needs work.

ⓘ 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: $504 · $42/mo
• Projected year-2 tax: $1,396 · $116/mo
• Expected delta: +$893/yr (+$74/mo · 177.2%)

ⓘ 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 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,800
• − Mortgage interest: −$11,763
• − Property taxes: −$504
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,824
• − Management: −$1,824
• − Depreciation: −$6,109
• Taxable loss: −$274
• Est. tax savings @ 24.0%: +$66
• After-tax cash flow: $3,309/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 — Baltimore Highlands

• Score: 79/100
• State rank: #54
• US rank: #1984

Category grades

Amenities A+ Commute A+ Cost of living B- Crime D- Employment C+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baltimore Highlands, MD
• County: Baltimore County · 769,527 people
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 34,907
• Household income: $85,986
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 930.0

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 0.59)
• Race & ethnicity: White 61% Black 16% Hispanic / Latino 12% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Romanian 2% Italian 2% Slovak 2%
• Foreign-born: 13% · Canada, Philippines, China
• Languages at home: 83% English-only · Spanish 10% Other Asian/Pacific 2% Other Indo-European 2%

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: ▼ -294.07%
• Current HPI: 281.9628
• Rent YoY: ▲ 1.17%
• 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

+82.6% since first listed

7 events — show timeline

• 2026-06-17 Sold (MLS) $210,000 BRIGHT MLS
• 2026-05-21 Pending — BRIGHT MLS
• 2026-05-15 Listed $210,000 BRIGHT MLS
• 2026-05-04 Coming Soon $210,000 BRIGHT MLS
• 2025-08-07 Sold (MLS) $119,000 BRIGHT MLS
• 2025-07-28 Pending — BRIGHT MLS
• 2025-07-28 Listed $115,000 BRIGHT MLS

Property tax history

+3.6%/yr

Latest (2025): $504 · -69.5% YoY. Source: county tax records.