917 N Woodington Rd · Baltimore, MD 21229

$50,000

3 bd · 2.0 ba · 1,400 sqft · Townhouse public records · 7 Days on market

Built 1942 1,306 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR ALERT!! GREAT OPPORTUNITY FOR RENOVATION/REHAB. THIS IS AN ESTATE SALE, NO GUARANTEES, PROPERTY IS STRICTLY "AS IS". THIS HOME DOES NOT NEED A LOT TO MAKE IT BEAUTIFUL. YOU DON'T WANT TO MISS OUT ON THIS OPPURTUNITY. CALL YOUR AGENT OR CALL ME.

Key facts

• Built 1942
• Listed 7 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $50k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $50k).
• Cap rate 32.6% 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: Rents rising fast (+5.4%/yr); 256 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 36% of the median local income ($60k/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 $346 of loan paydown is wiped out by about $2k 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 + 5.4% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y ago; this cycle's ask has dropped $100k (67%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 23% 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 $50,000

Questions for the listing agent

1. Built in 1942 — 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: 3.65% ✓
• Cap rate: 32.60%
• Cash-on-cash: 93.95%
• DSCR: 5.18
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $133,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3707 Colborne Rd	0.36mi	3/2.0	1,400 (0%)	1mo	$220,000	$157	83
1226 N Augusta Ave	0.15mi	3/2.0	1,536 (+10%)	0mo	$212,000	$138	76
4105 Flowerton Rd	0.07mi	2/2.0 (-1)	1,260 (-10%)	2mo	$119,990	$95	73
1215 N Augusta Ave	0.15mi	3/1.5	1,536 (+10%)	2mo	$138,000	$90	73
1000 Mount Holly St	0.31mi	3/1.5	1,290 (-8%)	1mo	$93,000	$72	70
3821 Stokes Dr	0.29mi	3/2.0	1,254 (-10%)	1mo	$145,000	$116	68
1007 Wildwood Pkwy	0.13mi	3/1.0	1,216 (-13%)	2mo	$111,100	$91	66
733 Lyndhurst St	0.29mi	3/1.5	1,550 (+11%)	2mo	$85,000	$55	65
1007 Mount Holly St	0.33mi	4/2.0 (+1)	1,290 (-8%)	2mo	$210,000	$163	65
509 Normandy Ave	0.45mi	4/2.5 (+1)	1,458 (+4%)	1mo	$212,000	$145	64
517 N Edgewood St	0.67mi	4/2.5 (+1)	1,430 (+2%)	2mo	$90,000	$63	57
3716 Edmondson Ave	0.46mi	4/1.0 (+1)	1,512 (+8%)	2mo	$130,000	$86	54

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 · 5.38% rent growth · sell at horizon

5-year hold

• IRR: 97.5%
• Equity multiple: 5.73×
• Total profit: $66,209
• Equity at exit: $7,455

10-year hold

• IRR: —
• Equity multiple: 12.92×
• Total profit: $166,932
• Equity at exit: $4,323

Cash invested: $14,000 (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 21229

• Rents YoY: 5.4%
• Active inventory: 256
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,825 high
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $750/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $1,096

Break-even live

Break-even rent $437

Max offer price $50,000

Occupancy floor 35%

Sensitivity live

Price	-10% $1,131	-5% $1,113	+0% $1,096	+5% $1,079	+10% $1,062
Rent	-10% $952	-5% $1,024	+0% $1,096	+5% $1,168	+10% $1,240
Rate	-1.0pp $1,121	-0.5pp $1,109	base $1,096	+0.5pp $1,083	+1.0pp $1,070

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
917 Kevin Rd Baltimore, MD	3.0	2.0	1151	$1,795	$1.56	3d	1	0.13mi
1216 N Augusta Ave Baltimore, MD	3.0	1.0	1024	$1,550	$1.51	25d	1	0.15mi
4103 Mountwood Rd Baltimore, MD	3.0	2.0	1030	$1,700	$1.65	44d	1	0.19mi
4113 Mountwood Rd Baltimore, MD	3.0	1.0	1520	$1,795	$1.18	44d	1	0.19mi
4020 Gelston Dr Baltimore, MD	3.0	2.0	1270	$1,875	$1.48	44d	1	0.22mi
3935 Stokes Dr #1 Baltimore, MD	2.0	1.0	1150	$1,400	$1.22	44d	1	0.27mi
3712 Gelston Dr Baltimore, MD	3.0	2.0	1250	$2,500	$2.00	25d	1	0.39mi
409 Normandy Ave Baltimore, MD	4.0	1.0	1640	$1,500	$0.91	25d	1	0.49mi
623 N Grantley St Baltimore, MD	4.0	2.0	1250	$2,000	$1.60	25d	1	0.52mi
730 Linnard St Unit 1 Baltimore, MD	4.0	1.0	1360	$1,750	$1.29	25d	1	0.55mi
4520 Scarlet Oak Ln Baltimore, MD	2.0	1.0	1025	$1,500	$1.46	44d	1	0.56mi
798 N Grantley St Baltimore, MD	3.0	2.0	1360	$2,295	$1.69	25d	1	0.57mi
787 N Grantley St Baltimore, MD	3.0	1.0	1116	$1,575	$1.41	25d	1	0.58mi
780 Linnard St Baltimore, MD	3.0	2.0	1224	$1,590	$1.30	44d	1	0.60mi
3507 Edmondson Ave Baltimore, MD	4.0	2.0	1428	$2,300	$1.61	44d	1	0.61mi
3706 W Saratoga St Unit 1 Baltimore, MD	2.0	1.0	1540	$1,350	$0.88	44d	1	0.62mi
3423 Edmondson Ave Baltimore, MD	2.0	1.5	1400	$1,710	$1.22	44d	1	0.67mi
405 N Edgewood St Baltimore, MD	4.0	2.0	1408	$2,950	$2.10	5d	1	0.71mi
3607 W Lexington St Baltimore, MD	3.0	2.0	1050	$1,895	$1.80	5d	1	0.72mi
111 Upmanor Rd Baltimore, MD	3.0	1.5	1224	$2,163	$1.77	44d	1	0.72mi
202 N Edgewood St Baltimore, MD	3.0	2.0	1710	$2,250	$1.32	25d	1	0.74mi
3709 Nortonia Rd #2 Baltimore, MD	2.0	1.0	1289	$1,450	$1.12	18d	1	0.76mi
3238 Westmont Ave Baltimore, MD	3.0	1.0	1280	$1,600	$1.25	44d	1	0.83mi
3309 Brighton St Baltimore, MD	3.0	1.0	1134	$1,700	$1.50	44d	1	0.87mi
1042 Ellicott Dr Baltimore, MD	2.0	1.0	900	$1,450	$1.61	44d	1	0.92mi
117 Collins Ave Baltimore, MD	3.0	3.0	1617	$2,350	$1.45	44d	1	0.94mi
41 N Kossuth St Baltimore, MD	3.0	2.0	1216	$1,800	$1.48	25d	1	0.95mi
1513 N Ellamont St Baltimore, MD	3.0	1.0	1700	$1,700	$1.00	25d	1	0.96mi
2103 Chelsea Ter Unit 2 Baltimore, MD	3.0	1.5	1500	$2,100	$1.40	15d	1	0.97mi
2103 Chelsea Ter Unit 1 Baltimore, MD	2.0	2.0	1500	$2,200	$1.47	15d	1	0.97mi
4601 Pen Lucy Rd Unit 4718-F Baltimore, MD	2.0	1.0	879	$1,225	$1.39	3d	1	0.98mi
3127 Baker St Baltimore, MD	3.0	1.0	1000	$1,300	$1.30	44d	1	1.00mi
4018 Massachusetts Ave Baltimore, MD	3.0	1.0	1050	$1,400	$1.33	25d	1	1.00mi
3015 Rayner Ave Baltimore, MD	3.0	1.0	1152	$1,350	$1.17	44d	1	1.01mi
219 Atholgate Ln Baltimore, MD	1.0–3.0	1.0–1.5	814	$1,500	$1.84	4d	2	1.01mi
3514 Clifton Ave Unit 21 Baltimore, MD	2.0	1.0	925	$1,150	$1.24	44d	1	1.02mi
3514 Clifton Ave Baltimore, MD	2.0	1.0	925	$1,199	$1.30	44d	1	1.02mi
3310 Elbert St Baltimore, MD	2.0	1.0	920	$1,550	$1.68	25d	1	1.02mi
1530 N Rosedale St Baltimore, MD	3.0	2.0	1641	$1,895	$1.15	15d	1	1.03mi
212 S Loudon Ave Baltimore, MD	3.0	1.5	1310	$1,550	$1.18	44d	1	1.04mi

Listing history 12 events

1. 2026-04-27
   price $50,000
2. 2026-04-27
   status Pending
3. 2026-04-20
   listed $150,000 Active
4. 2025-03-22
   historical $1,000
5. 2025-02-19
   listed $1,000
6. 2007-03-22
   soldstatus $153,000
7. 2007-03-22
   soldstatus $153,000
8. 2006-05-18
   soldstatus $54,500
9. 2006-03-13
   soldstatus $54,500 263-char remark

   Show marketing remark (263 chars)

   INVESTOR ALERT!! GREAT OPPORTUNITY FOR RENOVATION/REHAB. THIS IS AN ESTATE SALE, NO GUARANTEES, PROPERTY IS STRICTLY "AS IS". THIS HOME DOES NOT NEED A LOT TO MAKE IT BEAUTIFUL. YOU DON'T WANT TO MISS OUT ON THIS OPPURTUNITY. CALL YOUR AGENT OR CALL ME.

10. 2006-02-27
    historical 263-char remark

    Show marketing remark (263 chars)

    INVESTOR ALERT!! GREAT OPPORTUNITY FOR RENOVATION/REHAB. THIS IS AN ESTATE SALE, NO GUARANTEES, PROPERTY IS STRICTLY "AS IS". THIS HOME DOES NOT NEED A LOT TO MAKE IT BEAUTIFUL. YOU DON'T WANT TO MISS OUT ON THIS OPPURTUNITY. CALL YOUR AGENT OR CALL ME.

11. 2006-02-21
    listed $36,000 263-char remark

    Show marketing remark (263 chars)

    INVESTOR ALERT!! GREAT OPPORTUNITY FOR RENOVATION/REHAB. THIS IS AN ESTATE SALE, NO GUARANTEES, PROPERTY IS STRICTLY "AS IS". THIS HOME DOES NOT NEED A LOT TO MAKE IT BEAUTIFUL. YOU DON'T WANT TO MISS OUT ON THIS OPPURTUNITY. CALL YOUR AGENT OR CALL ME.

12. 1990-06-06
    soldstatus $12,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,898
• − Mortgage interest: −$2,801
• − Property taxes: −$750
• − Insurance: −$250
• − Repairs & maintenance: −$1,752
• − Management: −$1,752
• − Depreciation: −$1,455
• Taxable income: $13,139
• Est. tax owed @ 24.0%: −$3,153
• After-tax cash flow: $10,000/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): 46,679
• Household income: $60,047
• Rent vs Own: 43.1% rent · 56.9% own
• Severe rent burden: 2776.0

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 15% Hispanic / Latino 6% Two or more races 4% Asian 3%
• Common ancestry: Lithuanian 1% Romanian 1% Serbian 1%
• Foreign-born: 5% · Canada, Philippines
• Languages at home: 91% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 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: ▼ -259.07%
• Current HPI: 226.896
• Rent YoY: ▲ 5.38%
• 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

+287.6% since first listed

12 events — show timeline

• 2026-04-27 Price Changed $50,000 BRIGHT MLS
• 2026-04-27 Pending — BRIGHT MLS
• 2026-04-20 Listed $150,000 BRIGHT MLS
• 2025-03-22 Rental Removed $1,000 RENTALBEAST
• 2025-02-19 Listed for Rent $1,000 RENTALBEAST
• 2007-03-22 Sold (Public Records) $153,000 Public Records
• 2007-03-22 Sold (Public Records) $153,000 Public Records
• 2006-05-18 Sold (Public Records) $54,500 Public Records
• 2006-03-13 Sold (MLS) $54,500 MRIS
• 2006-02-27 Delisted — MRIS
• 2006-02-21 Listed $36,000 MRIS
• 1990-06-06 Sold (Public Records) $12,900 Public Records

Property tax history

+4.4%/yr

Latest (2025): $4,465 · +8.4% YoY. Source: county tax records.