574 Edmondson Ave · Catonsville, MD 21228

$200,000

4 bd · 1.0 ba · 1,507 sqft · SingleFamily public records · 1 Days on market

Built 1948 6,234 sqft lot Est $378k · 47% 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 +28.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor opportunity with tons of potential! This livable 4-bedroom, 2-bath home at 574 Edmondson Ave offers a great chance for investors, flippers, or buyers looking to build equity while adding their own personal touches over time. This older home features a functional layout with generous living space and some updates throughout. The first-floor bathroom was updated approximately 8 years ago, and the home features LVP flooring throughout the first floor. The main level includes 2 bedrooms and a full bath, while the upper level offers an additional 2 bedrooms and full bath. The partially finished basement includes the washer and dryer area and provides additional usable space. Outside, th

Key facts

• 6,234 sq ft lot
• Built 1948

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Off-street parking via driveway
• Utilities: Public water; Public sewer; Natural gas for heating and hot water
• Home design: Detached property; Shingle/composite roof; Above-grade finished living area (per assessor); Below-grade area present (finished/unfinshed space reported)
• Construction: Brick construction; Other type foundation; Above- and below-grade structures
• Exterior features: Public water and public sewer; Ground rent paid annually

Interior

• Bedrooms: 4 bedrooms on the main level
• Bathrooms: 2 full bathrooms on the main level; 2 full bathrooms total
• Heating & cooling: Radiator heating; Natural gas heating and hot water
• Interior features: Brick fireplace (1) with brick surround; Full basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $625 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $200k).
• Cap rate 10.0% vs local median 3.4% in Catonsville — 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 81/100 on livability (#43 in MD, #1,586 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: crime D, cost of living 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.
• Zoned schools: Hillcrest Elementary (math 35% / reading 41%, grade F, #117 of 860 statewide, top 14%, 652 students, 34% FRL); Catonsville Middle (math 11% / reading 49%, grade F, #65 of 225 statewide, top 29%, 805 students, 40% FRL); Catonsville High (math 26% / reading 68%, grade D-, #114 of 222 statewide, top 52%, 1,729 students, 42% FRL) — zoned schools at 39% FRL track the district average.
• Zoned-school proficiency averages 38% at this address vs 24% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Baltimore County Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.9%/yr); 144 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 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.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $56k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $84k; list at $200k implies a 138% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,000

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. 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. 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.
5. 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.
6. 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: 1.32% ✓
• Cap rate: 10.04%
• Cash-on-cash: 13.38%
• DSCR: 1.60
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $378,257
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35 Delrey Ave	0.13mi	3/1.5 (-1)	1,518 (+1%)	13mo	$380,000	$250	75
612 Ingleside Ave	0.23mi	4/2.0	1,548 (+3%)	13mo	$379,900	$245	70
45 Delrey Ave	0.07mi	3/1.0 (-1)	1,696 (+12%)	9mo	$375,000	$221	63
27 N Prospect Ave	0.54mi	3/1.5 (-1)	1,523 (+1%)	10mo	$330,000	$217	58
5 Ben Woods Ct	0.67mi	3/3.5 (-1)	1,540 (+2%)	0mo	$465,000	$302	50
511 Bloomingdale Ave	0.61mi	3/3.0 (-1)	1,530 (+2%)	8mo	$399,000	$261	49
614 Southmont Rd	0.26mi	3/2.0 (-1)	1,704 (+13%)	12mo	$492,000	$289	47
30 N Prospect Ave	0.51mi	3/1.5 (-1)	1,654 (+10%)	9mo	$402,640	$243	45
112 Melvin Ave	0.63mi	5/1.5 (+1)	1,694 (+12%)	8mo	$425,000	$251	36
33 Dunmore Rd	0.51mi	3/1.5 (-1)	1,712 (+14%)	13mo	$450,000	$263	36
107 Bishops Ln	0.66mi	3/2.5 (-1)	1,362 (-10%)	12mo	$385,000	$283	32
45 Edmondson Ridge Rd	0.62mi	3/2.0 (-1)	1,719 (+14%)	13mo	$380,000	$221	28

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 · 1.87% rent growth · sell at horizon

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $4,487
• Equity at exit: $29,821

10-year hold

• IRR: 10.5%
• Equity multiple: 1.78×
• Total profit: $43,562
• Equity at exit: $17,292

Cash invested: $56,000 (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 21228

• Rents YoY: 1.9%
• Active inventory: 144
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,649 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$336 /mo · $4,029/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$556
• Net cashflow: $625

Break-even live

Break-even rent $1,858

Max offer price $200,000

Occupancy floor 71%

Sensitivity live

Price	-10% $738	-5% $681	+0% $625	+5% $568	+10% $511
Rent	-10% $415	-5% $520	+0% $625	+5% $729	+10% $834
Rate	-1.0pp $725	-0.5pp $675	base $625	+0.5pp $573	+1.0pp $520

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 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
609 Wallerson Rd Catonsville, MD	3.0	2.0	1704	$3,395	$1.99	21d	1	0.20mi
436 Westshire Dr Catonsville, MD	4.0	2.0	1548	$2,800	$1.81	44d	1	0.27mi
311 Harlem Ln Catonsville, MD	3.0	2.0	1152	$2,300	$2.00	6d	1	0.29mi
51 Briarwood Rd Catonsville, MD	3.0	1.0	1200	$2,100	$1.75	44d	1	0.69mi
10 Prestwick Sq Catonsville, MD	4.0	2.5	1710	$2,500	$1.46	19d	1	1.03mi
945 Saint Agnes Ln Gwynn Oak, MD	4.0	2.0	1500	$1,985	$1.32	19d	1	1.08mi
1200 Alexander Ave Catonsville, MD	3.0	2.5	1215	$2,400	$1.98	44d	1	1.11mi
930 Masefield Rd Unit 1 Woodlawn, MD	3.0	1.5	1080	$2,650	$2.45	3d	1	1.12mi
963 Masefield Rd Gwynn Oak, MD	3.0	2.0	1920	$2,096	$1.09	25d	1	1.17mi
603 Braeside Rd Baltimore, MD	3.0	2.0	1416	$2,400	$1.69	44d	1	1.22mi
5364 Jamestowne Ct Baltimore, MD	3.0	1.0–1.5	787	$1,905	$2.42	5d	13	1.24mi
1530 Kirkwood Rd Gwynn Oak, MD	3.0	1.5	1424	$2,100	$1.47	12d	1	1.37mi

Listing history 9 events

1. 2026-06-07
   status $200,000 Pending 1 DOM
2. 2026-06-04
   statusdays on market $200,000 Active 1 DOM
3. 2026-06-03
   days on market $200,000 Coming Soon 10 DOM
4. 2026-06-02
   days on market $200,000 Coming Soon 9 DOM
5. 2026-06-01
   days on market $200,000 Coming Soon 8 DOM
6. 2026-05-31
   days on market $200,000 Coming Soon 7 DOM
7. 2026-05-25
   historical $200,000
8. 1993-10-25
   soldstatus $83,900
9. 1993-05-06
   soldstatus $114,900

ⓘ 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: $4,029 · $336/mo
• Projected year-2 tax: $4,029 · $336/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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% 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: $31,785
• − Mortgage interest: −$11,203
• − Property taxes: −$4,029
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,543
• − Management: −$2,543
• − Depreciation: −$5,818
• Taxable income: $4,649
• Est. tax owed @ 24.0%: −$1,116
• After-tax cash flow: $6,379/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 — Catonsville

• Score: 81/100
• State rank: #43
• US rank: #1586

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Catonsville, MD
• County: Baltimore County · 769,527 people
• City population: 50,492
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 50,492
• Household income: $112,656
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 1820.0

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 0.64)
• Race & ethnicity: White 55% Black 18% Asian 14% Hispanic / Latino 7% Two or more races 7%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Romanian 3% Italian 2% Slovak 2%
• Foreign-born: 16% · Canada, Philippines, Vietnam
• Languages at home: 81% English-only · Other Indo-European 7% Spanish 5% Other Asian/Pacific 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: ▼ -370.51%
• Current HPI: 282.1593
• Rent YoY: ▲ 1.87%
• 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

+74.1% since first listed

3 events — show timeline

• 2026-05-25 Coming Soon $200,000 BRIGHT MLS
• 1993-10-25 Sold (Public Records) $83,900 Public Records
• 1993-05-06 Sold (Public Records) $114,900 Public Records

Property tax history

+3.1%/yr

Latest (2025): $4,029 · +6.6% YoY. Source: county tax records.