1444 Aisquith St · Baltimore, MD 21202

$89,000

3 bd · 1.0 ba · 1,000 sqft · Townhouse · 83 Days on market

Built 1920 1,040 sqft lot $89/sqft · 31% below area Est $129k · 31% under ↓ 42% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tenants live in the house with a month by month lease. 3 bed room and 2 bath town home in a very good location with shops etc and easy access to Baltimore down town.

Key facts

• Built 1920
• Listed 83 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $89k.

Deal economics

• At list price, monthly cash flow is $928 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $89k).
• Recommended offer: $84k (6.0% below list) — sets the bar for market timing.
• Cap rate 18.8% 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 flat; 134 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); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 38% of the median local income ($59k/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 $615 of loan paydown is wiped out by about $3k 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 + 0.6% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 23y 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 $4k; list at $89k implies a 2125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $83,660 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 2.13% ✓
• Cap rate: 18.81%
• Cash-on-cash: 44.69%
• DSCR: 2.99
• GRM: 3.9

CMA / ARV

• ARV (median comp): $129,342
• List price: $89,000
• Delta: -31.19%
• 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
1423 E Lanvale St	0.24mi	4/2.0 (+1)	1,000 (0%)	3mo	$77,750	$78	77
1822 Aiken St	0.30mi	3/1.0	1,050 (+5%)	3mo	$49,000	$47	76
1226 E Chase St	0.28mi	3/2.0	957 (-4%)	2mo	$209,900	$219	74
1205 Ashland Ave	0.48mi	3/1.0	992 (-1%)	3mo	$95,000	$96	74
819 Aisquith St	0.51mi	3/1.0	991 (-1%)	3mo	$93,500	$94	72
1117 N Central Ave	0.25mi	3/2.0	1,116 (+12%)	7mo	$125,000	$112	59
1720 Rutland Ave	0.55mi	3/1.0	1,040 (+4%)	12mo	$59,000	$57	58
412 E Federal St	0.42mi	2/2.5 (-1)	960 (-4%)	8mo	$215,000	$224	56
728 Bartlett Ave	0.64mi	3/1.0	1,100 (+10%)	2mo	$40,000	$36	52
1652 Darley Ave	0.68mi	3/1.0	1,100 (+10%)	0mo	$52,500	$48	51
761 Bartlett Ave	0.59mi	2/2.0 (-1)	1,100 (+10%)	6mo	$46,800	$43	42
2030 E Lafayette Ave	0.75mi	2/2.5 (-1)	1,100 (+10%)	5mo	$182,000	$165	33

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 · 0.59% rent growth · sell at horizon

5-year hold

• IRR: 39.0%
• Equity multiple: 2.61×
• Total profit: $40,195
• Equity at exit: $13,270

10-year hold

• IRR: 44.3%
• Equity multiple: 4.75×
• Total profit: $93,554
• Equity at exit: $7,695

Cash invested: $24,920 (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 21202

• Home prices YoY: -8.0%
• Rents YoY: 0.6%
• Active inventory: 134
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,897 high
• Mortgage (P&I): −$467
• Tax from tax record: −$67 /mo · $799/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $928

Break-even live

Break-even rent $722

Max offer price $89,000

Occupancy floor 46%

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1243 E Lanvale St Baltimore, MD	3.0	1.5	1281	$1,750	$1.37	3d	1	0.19mi
1243 E Lanvale St Baltimore, MD	3.0	1.5	1281	$1,750	$1.37	16d	1	0.19mi
814 Showell Ct Baltimore, MD	3.0	1.0	1152	$2,000	$1.74	22d	1	0.23mi
1027 N Central Ave Baltimore, MD	3.0	1.0	1200	$1,600	$1.33	22d	1	0.34mi
458 E Federal St Baltimore, MD	2.0	2.5	1300	$1,850	$1.42	4d	1	0.34mi
456 E Federal St Baltimore, MD	2.0	2.0	1450	$1,850	$1.28	44d	1	0.35mi
1010 N Central Ave Baltimore, MD	2.0	1.0	1023	$1,650	$1.61	24d	1	0.36mi
448 Pitman Pl Baltimore, MD	2.0	1.5	940	$2,145	$2.28	24d	1	0.36mi
1009 Hillman St Baltimore, MD	3.0	1.0	1200	$1,650	$1.38	20d	1	0.37mi
1512 E Lafayette Ave Baltimore, MD	3.0	2.5	1476	$1,950	$1.32	44d	1	0.39mi
1514 E Lafayette Ave Baltimore, MD	3.0	1.5	1215	$2,000	$1.65	24d	1	0.39mi
1100 Greenmount Ave Baltimore, MD	1.0–3.0	1.0–2.0	839	$2,584	$3.08	2d	1	0.39mi
412 E Federal St Baltimore, MD	2.0	2.5	1100	$1,700	$1.55	24d	1	0.40mi
1803 N Dallas St Baltimore, MD	2.0	2.5	1250	$2,100	$1.68	24d	1	0.40mi
1607 Hakesley Pl Baltimore, MD	3.0	1.0	720	$1,400	$1.94	44d	1	0.41mi
1317 E Eager St Baltimore, MD	4.0	1.5	1400	$1,900	$1.36	22d	1	0.42mi
931 N Central Ave Baltimore, MD	3.0	1.0	1085	$1,400	$1.29	24d	1	0.43mi
1232 Ashland Ave Baltimore, MD	3.0	1.0	1200	$1,600	$1.33	22d	1	0.47mi
1711 Latrobe St Baltimore, MD	2.0	1.5	1000	$1,700	$1.70	24d	1	0.48mi
1205 Ashland Ave Baltimore, MD	3.0	1.0	992	$1,550	$1.56	24d	1	0.48mi
1708 Latrobe St Baltimore, MD	2.0	1.0	750	$2,250	$3.00	24d	1	0.50mi
218 E Preston St Baltimore, MD	2.0	1.0	1250	$1,724	$1.38	44d	1	0.52mi
1312 Guilford Ave Baltimore, MD	1.0–2.0	1.0–2.0	1040	$1,850	$1.78	44d	6	0.52mi
210 Federal St Baltimore, MD	3.0	1.0	900	$1,350	$1.50	20d	1	0.54mi
1226 E Madison St Baltimore, MD	3.0	1.0	1100	$2,179	$1.98	4d	1	0.54mi
1307 E Madison St Baltimore, MD	2.0	1.0	1200	$1,650	$1.38	44d	1	0.57mi
1627 Rutland Ave Baltimore, MD	3.0	2.0	1100	$1,950	$1.77	24d	1	0.58mi
1627 Rutland Ave Unit 1 Baltimore, MD	3.0	2.0	1200	$2,350	$1.96	44d	1	0.58mi
103 E Mt Royal Ave Baltimore, MD	1.0–3.0	1.0–2.0	850	$2,624	$3.09	2d	17	0.58mi
1121 N Calvert St Baltimore, MD	2.0	1.0	1300	$1,550	$1.19	44d	1	0.60mi
1101 N Calvert St Baltimore, MD	2.0	1.0–2.0	910	$2,274	$2.50	2d	19	0.61mi
1122 N Calvert St Apt 001 Baltimore, MD	2.0	2.0	902	$1,800	$2.00	44d	1	0.62mi
226 E Eager St Baltimore, MD	3.0	2.0	1484	$650	$0.44	44d	1	0.62mi
1301 Saint Paul St Baltimore, MD	3.0	1.0–3.0	1050	$2,399	$2.28	44d	1	0.62mi
1814 E Lafayette Ave Baltimore, MD	4.0	2.0	1200	$1,995	$1.66	24d	1	0.62mi
2310 Aisquith St Baltimore, MD	4.0	3.0	900	$2,000	$2.22	4d	1	0.64mi
1418 E Monument St Baltimore, MD	2.0–4.0	1.0–2.0	1265	$1,602	$1.27	15d	5	0.65mi
1125 Saint Paul St Unit 4 Baltimore, MD	2.0	1.0	930	$1,650	$1.77	4d	1	0.65mi
1125 Saint Paul St Unit 4 Baltimore, MD	2.0	1.0	930	$1,650	$1.77	18d	1	0.65mi
1704 Saint Paul St Unit 1 Baltimore, MD	2.0	1.0	1141	$1,550	$1.36	4d	1	0.66mi

Listing history 28 events

1. 2026-06-18
   days on market $89,000 Active 83 DOM
2. 2026-06-17
   days on market $89,000 Active 82 DOM
3. 2026-06-16
   days on market $89,000 Active 81 DOM
4. 2026-06-15
   days on market $89,000 Active 80 DOM
5. 2026-06-13
   days on market $89,000 Active 78 DOM
6. 2026-06-09
   days on market $89,000 Active 74 DOM
7. 2026-06-08
   days on market $89,000 Active 73 DOM
8. 2026-06-07
   days on market $89,000 Active 72 DOM
9. 2026-06-04
   days on market $89,000 Active 69 DOM
10. 2026-06-03
    days on market $89,000 Active 68 DOM
11. 2026-06-02
    days on market $89,000 Active 67 DOM
12. 2026-06-01
    days on market $89,000 Active 66 DOM
13. 2026-05-31
    days on market $89,000 Active 65 DOM
14. 2026-03-27
    listed $89,000 Active 166-char remark

    Show marketing remark (166 chars)

    Tenants live in the house with a month by month lease. 3 bed room and 2 bath town home in a very good location with shops etc and easy access to Baltimore down town.

15. 2025-12-01
    historical
16. 2025-09-11
    price $89,000
17. 2025-04-23
    status Active
18. 2025-04-22
    historical
19. 2025-03-05
    price $99,000
20. 2024-12-15
    price $119,900
21. 2024-11-19
    price $129,900
22. 2024-10-23
    listed $179,900 Active
23. 2003-12-08
    soldstatus $4,000
24. 2003-12-03
    historical
25. 2003-09-29
    listed $7,500
26. 2002-07-02
    soldstatus $49,000
27. 1992-09-11
    soldstatus $38,000
28. 1983-09-19
    soldstatus $152,900

ⓘ 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: $799 · $67/mo
• Projected year-2 tax: $884 · $74/mo
• Expected delta: +$86/yr (+$7/mo · 10.7%)

ⓘ 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 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,760
• − Mortgage interest: −$4,985
• − Property taxes: −$799
• − Insurance: −$445
• − Repairs & maintenance: −$1,821
• − Management: −$1,821
• − Depreciation: −$2,589
• Taxable income: $10,301
• Est. tax owed @ 24.0%: −$2,472
• After-tax cash flow: $8,664/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): 20,683
• Household income: $59,377
• Rent vs Own: 78.6% rent · 21.4% own
• Severe rent burden: 1863.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Black 52% White 31% Hispanic / Latino 7% Two or more races 6% Asian 5%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 12% · Canada, South Korea, China
• Languages at home: 87% English-only · Spanish 4% Other Indo-European 2% Arabic 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: ▼ -25.44%
• Current HPI: 291.3702
• Rent YoY: ▲ 0.59%
• 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

-41.8% since first listed

15 events — show timeline

• 2026-03-27 Listed $89,000 BRIGHT MLS
• 2025-12-01 Listing Removed — BRIGHT MLS
• 2025-09-11 Price Changed $89,000 BRIGHT MLS
• 2025-04-23 Relisted — BRIGHT MLS
• 2025-04-22 Listing Removed — BRIGHT MLS
• 2025-03-05 Price Changed $99,000 BRIGHT MLS
• 2024-12-15 Price Changed $119,900 BRIGHT MLS
• 2024-11-19 Price Changed $129,900 BRIGHT MLS
• 2024-10-23 Listed $179,900 BRIGHT MLS
• 2003-12-08 Sold (MLS) $4,000 MRIS
• 2003-12-03 Delisted — MRIS
• 2003-09-29 Listed $7,500 MRIS
• 2002-07-02 Sold (Public Records) $49,000 Public Records
• 1992-09-11 Sold (Public Records) $38,000 Public Records
• 1983-09-19 Sold (Public Records) $152,900 Public Records

Property tax history

+6.0%/yr

Latest (2025): $799 · +12.1% YoY. Source: county tax records.