721 Roundview Rd · Baltimore, MD 21225

$155,000

3 bd · 1.0 ba · 1,024 sqft · Townhouse public records · 271 Days on market

Built 1949 $151/sqft · 57% above area Est $148k · at est.

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Why this score? — see what drove the C 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 +25.8/30.0
• DSCR +8.6/10.0
• 1% rule +6.2/10.0
• ARV discount +5.4/15.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED FOR QUICK SALE!!! WELL RENOVATED HOME, HARDWOOD FLOORS THROUGHOUT. NICE AND QUIET NEIGHBORHOOD. CENTRAL HEAT AND A/C.

Key facts

• Quiet neighborhood
• Hardwood floors
• Central heat and a/c

Tags

• HARDWOOD FLOORS
• QUIET NEIGHBORHOOD
• CENTRAL HEAT AND A/C

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $155k.

Deal economics

• At list price, monthly cash flow is $375 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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 (+4.1%/yr); 165 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 39% of the median local income ($54k/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 $1k of loan paydown is wiped out by about $5k 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 + 4.1% rent growth), your $43k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 271 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $74k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $93k; list at $155k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — 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 $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 271 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1949 — 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: 1.12% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.38%
• DSCR: 1.46
• GRM: 7.4

CMA / ARV

• ARV (median comp): $147,964
• List price: $155,000
• Delta: 4.76%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
628 Roundview Rd	0.05mi	3/1.0	1,024 (0%)	3mo	$85,100	$83	95
504 Roundview	0.12mi	3/1.5	1,024 (0%)	7mo	$98,000	$96	87
3011 Larue Sq E	0.33mi	3/1.0	960 (-6%)	9mo	$100,000	$104	67
2847 Joseph Ave	0.36mi	3/1.5	1,116 (+9%)	1mo	$235,000	$211	66
2828 Waterview Ave	0.42mi	2/1.0 (-1)	960 (-6%)	8mo	$50,000	$52	58
2825 Round Rd	0.36mi	2/1.5 (-1)	1,039 (+2%)	20mo	$85,000	$82	57
604 Cheraton Rd	0.35mi	3/1.5	1,174 (+15%)	6mo	$95,000	$81	52

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 · 4.08% rent growth · sell at horizon

5-year hold

• IRR: 0.4%
• Equity multiple: 1.02×
• Total profit: $675
• Equity at exit: $23,111

10-year hold

• IRR: 11.1%
• Equity multiple: 1.91×
• Total profit: $39,281
• Equity at exit: $13,402

Cash invested: $43,400 (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 21225

• Home prices YoY: -31.9%
• Rents YoY: 4.1%
• Active inventory: 165
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,735 high
• Mortgage (P&I): −$813
• Tax from tax record: −$118 /mo · $1,412/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $375

Break-even live

Break-even rent $1,260

Max offer price $155,000

Occupancy floor 73%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
511 Seagull Ave Brooklyn, MD	2.0	1.0	756	$1,550	$2.05	23d	1	0.19mi
130 Reedbird Ave Brooklyn, MD	2.0	1.0	1152	$1,700	$1.48	23d	1	0.33mi
607 Cheraton Rd Brooklyn, MD	3.0	3.0	1200	$1,750	$1.46	14d	1	0.35mi
2745 Round Rd Brooklyn, MD	2.0	2.0	756	$1,800	$2.38	43d	1	0.37mi
2454 Terra Firma Rd Brooklyn, MD	3.0	1.0	1024	$1,650	$1.61	14d	1	0.39mi
2868 Potee St Baltimore, MD	1.0–3.0	1.0	720	$1,599	$2.22	2d	22	0.44mi
49 Talbott St Brooklyn, MD	2.0	1.0	1300	$1,300	$1.00	23d	1	0.83mi
217 W Edgevale Rd Brooklyn, MD	3.0	1.5	992	$1,800	$1.81	23d	1	0.85mi
3010 Alabama Ave Halethorpe, MD	2.0	1.0	900	$2,200	$2.44	17d	1	0.87mi
303 Arden Rd W Brooklyn, MD	3.0	2.0	1388	$2,500	$1.80	17d	1	0.99mi
3513 Horton Ave Brooklyn, MD	3.0	1.0	1020	$1,600	$1.57	17d	1	1.01mi
3569 4th St Brooklyn, MD	2.0	1.5	1256	$1,200	$0.96	17d	1	1.08mi
2500 Insulator Dr Baltimore, MD	3.0	1.0–2.0	988	$4,786	$4.84	2d	152	1.11mi
3528 6th St Brooklyn, MD	2.0	2.5	1060	$1,500	$1.42	17d	1	1.21mi
4207 3rd St Unit 3 Brooklyn, MD	2.0	1.0	850	$1,595	$1.88	4d	1	1.25mi
507 Washburn Ave Brooklyn, MD	3.0	1.5	1024	$2,500	$2.44	20d	1	1.26mi
507 Washburn Ave Brooklyn, MD	3.0	1.5	1024	$2,500	$2.44	4d	1	1.26mi
507 Washburn Ave Brooklyn, MD	3.0	1.5	1024	$2,500	$2.44	23d	1	1.26mi
4400 4th St Unit BASEMENT Baltimore, MD	2.0	1.0	925	$1,350	$1.46	43d	1	1.35mi
2450 Rye St Baltimore, MD	2.0	1.0–2.0	926	$3,789	$4.09	1d	31	1.37mi
250 Mission Blvd Baltimore, MD	2.0	1.0–2.0	790	$3,406	$4.31	1d	21	1.39mi
2200 W Patapsco Ave Baltimore, MD	3.0	1.0	890	$1,569	$1.76	43d	1	1.40mi
3840 8th St Brooklyn, MD	3.0	1.5	1088	$1,606	$1.48	4d	1	1.44mi
4206 Audrey Ave Brooklyn, MD	3.0	3.0	1104	$1,950	$1.77	23d	1	1.46mi
4206 Audrey Ave Brooklyn, MD	2.0	2.0	1104	$1,275	$1.15	43d	1	1.46mi
4201 Audrey Ave Unit 1 Brooklyn, MD	2.0	1.0	1400	$1,350	$0.96	23d	1	1.48mi
1942 Light St Baltimore, MD	2.0	2.5	1150	$2,200	$1.91	21d	1	1.49mi

Listing history 27 events

1. 2026-06-18
   days on market $155,000 Active 271 DOM
2. 2026-06-17
   days on market $155,000 Active 270 DOM
3. 2026-06-16
   days on market $155,000 Active 269 DOM
4. 2026-06-15
   days on market $155,000 Active 268 DOM
5. 2026-06-13
   days on market $155,000 Active 266 DOM
6. 2026-06-09
   days on market $155,000 Active 262 DOM
7. 2026-06-08
   days on market $155,000 Active 261 DOM
8. 2026-06-07
   days on market $155,000 Active 260 DOM
9. 2026-06-04
   days on market $155,000 Active 257 DOM
10. 2026-06-03
    days on market $155,000 Active 256 DOM
11. 2026-06-02
    days on market $155,000 Active 255 DOM
12. 2026-06-01
    days on market $155,000 Active 254 DOM
13. 2026-05-31
    days on market $155,000 Active 253 DOM
14. 2026-04-30
    price $155,000 132-char remark

    Show marketing remark (132 chars)

    PRICE REDUCED FOR QUICK SALE!!! WELL RENOVATED HOME, HARDWOOD FLOORS THROUGHOUT. NICE AND QUIET NEIGHBORHOOD. CENTRAL HEAT AND A/C.

15. 2025-10-18
    price $179,000 132-char remark

    Show marketing remark (132 chars)

    PRICE REDUCED FOR QUICK SALE!!! WELL RENOVATED HOME, HARDWOOD FLOORS THROUGHOUT. NICE AND QUIET NEIGHBORHOOD. CENTRAL HEAT AND A/C.

16. 2025-09-20
    listed $229,000 Active 132-char remark

    Show marketing remark (132 chars)

    PRICE REDUCED FOR QUICK SALE!!! WELL RENOVATED HOME, HARDWOOD FLOORS THROUGHOUT. NICE AND QUIET NEIGHBORHOOD. CENTRAL HEAT AND A/C.

17. 2024-08-20
    soldstatus $93,000 Closed 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

18. 2024-02-05
    status Pending 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

19. 2024-01-31
    status Active 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

20. 2024-01-30
    status Pending 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

21. 2024-01-25
    price $95,000 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

22. 2024-01-03
    price $109,500 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

23. 2023-10-26
    listed $119,000 Active 796-char remark

    Show marketing remark (796 chars)

    Welcome to this townhome in the water-oriented Cherry Hill community. This home, constructed in 1945, offers 3 generously sized bedrooms, a full bath featuring a soaking tub, powder room, and a partially finished basement that provides both living space and storage. Commuting is a breeze with convenient access to MD-2, I-895, I-95, and 295. Additionally, you're just a short drive away from Baltimore Airport and the lively Baltimore waterfront, which hosts renowned attractions such as the National Aquarium, Children’s Museum, and Maryland Cruise Port. The property also features green space areas both in the front and rear yards, providing an opportunity for outdoor activities, including barbecues and playtime with pets. Don't miss it. Incredible Investment or Renovation Potential!

24. 2006-01-04
    soldstatus $80,000
25. 2005-10-31
    soldstatus $80,000
26. 2005-09-12
    historical
27. 2005-07-15
    listed $80,000

ⓘ 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: $1,412 · $118/mo
• Projected year-2 tax: $1,551 · $129/mo
• Expected delta: +$139/yr (+$12/mo · 9.8%)

ⓘ 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 ≥102°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: $20,817
• − Mortgage interest: −$8,682
• − Property taxes: −$1,412
• − Insurance: −$775
• − Repairs & maintenance: −$1,665
• − Management: −$1,665
• − Depreciation: −$4,509
• Taxable income: $2,108
• Est. tax owed @ 24.0%: −$506
• After-tax cash flow: $3,999/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: Anne Arundel County · 535,653 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 34,062
• Household income: $54,020
• Rent vs Own: 50.4% rent · 49.6% own
• Severe rent burden: 1440.0

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 0.68)
• Race & ethnicity: Black 42% White 32% Hispanic / Latino 20% Two or more races 8% Native American 3% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Romanian 2% Lithuanian 1% Iranian 1%
• Foreign-born: 12% · Canada, China
• Languages at home: 81% English-only · Spanish 16% Other Indo-European 1% 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: ▼ -119.44%
• Current HPI: 254.5089
• Rent YoY: ▲ 4.08%
• 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

+93.8% since first listed

14 events — show timeline

• 2026-04-30 Price Changed $155,000 BRIGHT MLS
• 2025-10-18 Price Changed $179,000 BRIGHT MLS
• 2025-09-20 Listed $229,000 BRIGHT MLS
• 2024-08-20 Sold (MLS) $93,000 BRIGHT MLS
• 2024-02-05 Pending — BRIGHT MLS
• 2024-01-31 Relisted — BRIGHT MLS
• 2024-01-30 Pending — BRIGHT MLS
• 2024-01-25 Price Changed $95,000 BRIGHT MLS
• 2024-01-03 Price Changed $109,500 BRIGHT MLS
• 2023-10-26 Listed $119,000 BRIGHT MLS
• 2006-01-04 Sold (Public Records) $80,000 Public Records
• 2005-10-31 Sold (MLS) $80,000 MRIS
• 2005-09-12 Delisted — MRIS
• 2005-07-15 Listed $80,000 MRIS

Property tax history

-2.4%/yr

Latest (2025): $1,412 · +9.1% YoY. Source: county tax records.