3030 Poplar Ter · Baltimore, MD 21216

$123,000

3 bd · 1.0 ba · 1,242 sqft · Townhouse public records · 40 Days on market

Built 1927 $99/sqft · 43% below area Est $217k · 43% 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 +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +7.5/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with strong upside potential! This 3-bedroom, 1 full bath and 1 half bath home offers a solid layout with hardwood floors throughout, a spacious kitchen, in-unit washer and dryer hook-up, and a one-car garage In rear. . Renovation is needed—perfect for investors or buyers looking to customize and add value. Situated in a quiet neighborhood with access to a nearby playground, this property is conveniently located near public transportation, shopping, and Coppin State University—making it an excellent opportunity for rental income or resale.

Key facts

• Nearby playground
• Spacious kitchen
• Shopping

Tags

• HARDWOOD FLOORS
• SPACIOUS KITCHEN
• QUIET NEIGHBORHOOD
• NEARBY PLAYGROUND
• PUBLIC TRANSPORTATION
• SHOPPING

Property features AI

Finance

• Other: Below-grade unfinished area of 621; Above-grade finished area of 1,242

Exterior

• Parking: Rear-entry attached garage (1 space)
• Utilities: Public water; Public sewer; Natural gas heat and hot water
• Home design: Interior townhouse / rowhouse; Fee simple ownership
• Construction: Brick construction; Other foundation
• Exterior features: No tidal or waterfront; Above-grade and below-grade structures

Interior

• Kitchen: Galley-style kitchen
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level; 1 half bathroom on the main level
• Heating & cooling: Radiator heating; Natural gas hot water
• Interior features: Galley kitchen layout; Unfinished basement with rear entrance

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $123k.

Deal economics

• At list price, monthly cash flow is $281 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $123k).
• Recommended offer: $119k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.0% 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 (+6.1%/yr); 252 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 44% of the median local income ($42k/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 $850 of loan paydown is wiped out by about $4k 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 + 6.1% rent growth), your $34k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $54k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $54k; list at $123k implies a 128% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — 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 $119,310 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.25% ✓
• Cap rate: 9.04%
• Cash-on-cash: 9.79%
• DSCR: 1.44
• GRM: 6.6

CMA / ARV

• ARV (median comp): $216,557
• List price: $123,000
• Delta: -43.20%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2305 Poplar Grove St	0.19mi	3/2.0	1,200 (-3%)	1mo	$118,000	$98	80
3004 Brighton St	0.53mi	3/1.0	1,288 (+4%)	1mo	$44,000	$34	69
2801 Presbury St	0.49mi	3/1.0	1,200 (-3%)	4mo	$60,000	$50	69
3114 Brighton St	0.53mi	3/2.0	1,192 (-4%)	5mo	$95,000	$80	60
1625 N Rosedale St	0.42mi	3/1.0	1,396 (+12%)	2mo	$36,000	$26	58
1528 N Ellamont St	0.53mi	3/2.5	1,328 (+7%)	1mo	$209,000	$157	57
3224 Belmont Ave	0.72mi	3/1.5	1,178 (-5%)	1mo	$77,000	$65	55
3014 Tioga Pkwy	0.57mi	3/1.0	1,360 (+10%)	4mo	$180,000	$132	54
2727 Baker St	0.62mi	3/1.0	1,116 (-10%)	3mo	$125,000	$112	52
3300 Brighton St	0.56mi	2/2.0 (-1)	1,344 (+8%)	4mo	$130,000	$97	48
3018 Presstman St	0.57mi	4/2.0 (+1)	1,400 (+13%)	1mo	$108,000	$77	42
3020 Brighton St	0.52mi	4/2.5 (+1)	1,406 (+13%)	2mo	$209,000	$149	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 · 6.1% rent growth · sell at horizon

5-year hold

• IRR: 2.2%
• Equity multiple: 1.09×
• Total profit: $3,005
• Equity at exit: $18,340

10-year hold

• IRR: 14.8%
• Equity multiple: 2.38×
• Total profit: $47,664
• Equity at exit: $10,635

Cash invested: $34,440 (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 21216

• Rents YoY: 6.1%
• Active inventory: 252
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,542 high
• Mortgage (P&I): −$645
• Tax from tax record: −$241 /mo · $2,889/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $281

Break-even live

Break-even rent $1,186

Max offer price $123,000

Occupancy floor 77%

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: $30,750
• Closing costs: $3,690
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3017 Poplar Ter Baltimore, MD	2.0	1.0	880	$1,349	$1.53	23d	1	0.02mi
3028 Hanlon Ave Baltimore, MD	3.0	2.0	1200	$1,711	$1.43	23d	1	0.23mi
3003 W North Ave Baltimore, MD	1.0–2.0	1.0	841	$935	$1.11	2d	3	0.30mi
3407 Elgin Ave Unit 5 Baltimore, MD	2.0	1.0	800	$1,250	$1.56	43d	1	0.35mi
2742 N Rosedale St Baltimore, MD	3.0	1.0	1024	$1,350	$1.32	43d	2	0.35mi
2738 N Longwood St Baltimore, MD	3.0	1.0	1024	$1,399	$1.37	43d	1	0.36mi
3001 Carlisle Ave Baltimore, MD	3.0	1.0	1024	$1,300	$1.27	43d	1	0.37mi
3514 Clifton Ave Unit 21 Baltimore, MD	2.0	1.0	925	$1,150	$1.24	43d	1	0.48mi
3514 Clifton Ave Baltimore, MD	2.0	1.0	925	$1,199	$1.30	43d	1	0.48mi
3416 Alto Rd Unit 21 Baltimore, MD	2.0	1.0	700	$1,175	$1.68	43d	1	0.49mi
2636 W North Ave Baltimore, MD	2.0–3.0	1.0–2.0	975	$1,475	$1.51	4d	1	0.50mi
2601 Garrison Blvd Baltimore, MD	2.0	1.0	750	$1,175	$1.57	21d	2	0.51mi
3127 Baker St Baltimore, MD	3.0	1.0	1000	$1,300	$1.30	43d	1	0.51mi
3403 Carlisle Ave Apt 1 Baltimore, MD	2.0	1.0	1100	$1,600	$1.45	11d	1	0.54mi
2601 Fairview Ave Baltimore, MD	2.0	1.0	700	$1,099	$1.57	43d	1	0.55mi
3309 Brighton St Baltimore, MD	3.0	1.0	1134	$1,700	$1.50	43d	1	0.59mi
3003 Presstman St Unit 1 Baltimore, MD	2.0	2.0	1450	$1,400	$0.97	44d	1	0.61mi
3003 Presstman St Unit 2 Baltimore, MD	2.0	1.0	1450	$1,300	$0.90	23d	1	0.61mi
2103 Chelsea Ter Unit 2 Baltimore, MD	3.0	1.5	1500	$2,100	$1.40	14d	1	0.62mi
2103 Chelsea Ter Unit 1 Baltimore, MD	2.0	2.0	1500	$2,200	$1.47	14d	1	0.62mi
2800 Presstman St Baltimore, MD	3.0	2.5	1460	$1,799	$1.23	23d	1	0.62mi
2700 Roslyn Ave Unit 5 Baltimore, MD	2.0	1.0	800	$1,500	$1.88	17d	1	0.63mi
2700 Roslyn Ave Unit 8 Baltimore, MD	2.0	1.0	800	$1,500	$1.88	4d	1	0.63mi
2905 Garrison Blvd Unit 21 Baltimore, MD	2.0	1.0	800	$1,175	$1.47	43d	1	0.71mi
3709 Nortonia Rd #2 Baltimore, MD	2.0	1.0	1289	$1,450	$1.12	17d	1	0.71mi
2220 Lyndhurst Ave Unit 1 Baltimore, MD	2.0	1.0	900	$1,175	$1.31	23d	1	0.78mi
1617-A Moreland Ave Unit 2nd Flr Baltimore, MD	2.0	1.0	1500	$1,400	$0.93	43d	1	0.80mi
3238 Westmont Ave Baltimore, MD	3.0	1.0	1280	$1,600	$1.25	43d	1	0.82mi
2204 Clifton Ave Baltimore, MD	3.0	1.0	1400	$1,450	$1.04	4d	1	0.83mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	10d	1	0.83mi
1816 N Bentalou St Baltimore, MD	3.0	2.0	1350	$1,700	$1.26	23d	1	0.83mi
1617 Moreland Ave Baltimore, MD	2.0	1.0	900	$1,450	$1.61	23d	1	0.84mi
2728 Winchester St Baltimore, MD	3.0	1.5	1260	$1,800	$1.43	3d	1	0.86mi
1042 Ellicott Dr Baltimore, MD	2.0	1.0	900	$1,450	$1.61	43d	1	0.86mi
2806 Riggs Ave Baltimore, MD	3.0	2.5	1412	$1,900	$1.35	3d	1	0.91mi
2906 Reisterstown Rd Baltimore, MD	2.0	1.0	750	$1,299	$1.73	43d	1	0.94mi
2908 Reisterstown Rd Baltimore, MD	2.0	1.0	750	$1,299	$1.73	43d	1	0.94mi
2910 Reisterstown Rd Baltimore, MD	1.0–3.0	1.0	950	$1,414	$1.49	14d	4	0.94mi
2744 W Mosher St Baltimore, MD	4.0	2.0	1412	$2,100	$1.49	23d	1	0.99mi
1930 N Payson St Baltimore, MD	2.0	2.0	980	$1,500	$1.53	23d	1	1.03mi

Listing history 20 events

1. 2026-06-18
   days on market $123,000 Active 40 DOM
2. 2026-06-17
   days on market $123,000 Active 39 DOM
3. 2026-06-16
   days on market $123,000 Active 38 DOM
4. 2026-06-15
   days on market $123,000 Active 37 DOM
5. 2026-06-13
   days on market $123,000 Active 35 DOM
6. 2026-06-09
   days on market $123,000 Active 31 DOM
7. 2026-06-08
   days on market $123,000 Active 30 DOM
8. 2026-06-07
   days on market $123,000 Active 29 DOM
9. 2026-06-04
   days on market $123,000 Active 26 DOM
10. 2026-06-03
    days on market $123,000 Active 25 DOM
11. 2026-06-02
    days on market $123,000 Active 24 DOM
12. 2026-06-01
    days on market $123,000 Active 23 DOM
13. 2026-05-31
    days on market $123,000 Active 22 DOM
14. 2026-05-08
    historical
15. 2026-04-26
    listed $177,000 Active
16. 2015-11-08
    historical
17. 2015-11-07
    historical
18. 2015-10-17
    listed Active
19. 2015-10-17
    listed $79,900
20. 2007-03-01
    soldstatus $54,000

ⓘ 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: $2,889 · $241/mo
• Projected year-2 tax: $2,889 · $241/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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,503
• − Mortgage interest: −$6,890
• − Property taxes: −$2,889
• − Insurance: −$615
• − Repairs & maintenance: −$1,480
• − Management: −$1,480
• − Depreciation: −$3,578
• Taxable income: $1,570
• Est. tax owed @ 24.0%: −$377
• After-tax cash flow: $2,996/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): 29,426
• Household income: $42,031
• Rent vs Own: 49.8% rent · 50.2% own
• Severe rent burden: 2264.0

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 (91%)
• Race & ethnicity: Black 91% Hispanic / Latino 4% Two or more races 3% White 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% 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: ▼ -107.42%
• Current HPI: 164.3933
• Rent YoY: ▲ 6.10%
• 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

+127.8% since first listed

9 events — show timeline

• 2026-05-30 Price Changed $123,000 BRIGHT MLS
• 2026-05-23 Relisted — BRIGHT MLS
• 2026-05-08 Listing Removed — BRIGHT MLS
• 2026-04-26 Listed $177,000 BRIGHT MLS
• 2015-11-08 Delisted — MRIS
• 2015-11-07 Listing Removed — BRIGHT MLS
• 2015-10-17 Listed — MRIS
• 2015-10-17 Listed $79,900 BRIGHT MLS
• 2007-03-01 Sold (Public Records) $54,000 Public Records

Property tax history

+3.6%/yr

Latest (2025): $2,889 · +8.7% YoY. Source: county tax records.