3413 Dunhaven Rd · Dundalk, MD 21222

$240,000

3 bd · 1.0 ba · 1,144 sqft · Townhouse public records · 8 Days on market

Built 1952 2,600 sqft lot Est $184k · 30% over

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Why this score? — see what drove the F 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 +13.8/30.0
• DSCR +4.2/10.0
• Livability +4.2/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming 3 bedroom, 1 1/2 bath end-of-group townhome in the heart of Dundalk! Enter through the cozy enclosed front porch, featuring newer windows that flood the space with natural light, the perfect spot for your morning coffee. Step inside to an open, inviting floor plan showcasing newly refinished, gorgeous hardwood flooring throughout the spacious living room. The dining area boasts custom built-in cabinetry with granite countertops, providing exceptional storage and serving space. The kitchen is a chef's dream, complete with custom cabinetry, stunning granite countertops, a stylish tile backsplash, under-cabinet lighting, stainless steel appliances, and abundant prep sp

Key facts

• Built 1952
• Listed 8 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric cooling fuel; Natural gas for heating and hot water
• Home design: End of row townhouse; Very good condition; Fee simple ownership
• Construction: Brick construction; Block foundation
• Exterior features: Deck(s), patio(s) and enclosed outdoor living space; Porch(es); Awning(s); Exterior lighting; Sidewalks and street lights; Chain link rear partial fencing; Shed

Interior

• Kitchen: Built-in microwave; Dishwasher; Gas oven/range; Refrigerator; Icemaker; Stainless steel appliances
• Bedrooms: Three bedrooms on the upper level
• Flooring: Hardwood floors; Carpet; Ceramic tile
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Open floor plan with formal dining area and combination dining/living space; Gourmet kitchen layout; Built-ins and crown molding; Chair railings and ceiling fans; Window treatments; Attic access; Tub/shower
• Laundry & utility: Washer and dryer included; Laundry in basement; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $240k.

Deal economics

• At list price, monthly cash flow is $24 ($283/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (17.4% below list).
• Recommended offer: $198k (17.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 85/100 on livability (#16 in MD, #510 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
• 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: Logan Elementary (math 8% / reading 14%, grade F, #581 of 860 statewide, top 68%, 529 students, 75% FRL); Dundalk Middle (math 2% / reading 13%, grade F, #217 of 225 statewide, top 97%, 860 students, 64% FRL); Dundalk High (math 5% / reading 33%, grade F, #177 of 222 statewide, top 80%, 2,193 students, 62% FRL) — zoned schools average 67% FRL vs 39% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 12% at this address vs 24% district-wide (-12 pts) — the specific schools serving this property underperform the Baltimore County Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.1%/yr); 238 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 37% of the median local income ($64k/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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 56% 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 $198,203 (17.4% below list)

Questions for the listing agent

1. Built in 1952 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.83% ✗
• Cap rate: 6.41%
• Cash-on-cash: 0.42%
• DSCR: 1.02
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $184,184
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3325 Mcshane Way	0.06mi	2/1.5 (-1)	1,120 (-2%)	2mo	$180,000	$161	85
3451 Dunhaven	0.07mi	3/1.0	1,144 (0%)	14mo	$165,000	$144	85
6854 Dunbar Rd	0.19mi	3/2.0	1,125 (-2%)	2mo	$130,000	$116	83
6822 Dunbar Rd	0.22mi	3/1.0	1,105 (-3%)	9mo	$160,000	$145	76
3563 Mcshane Way	0.27mi	2/1.0 (-1)	1,120 (-2%)	13mo	$206,000	$184	68
3521 Dunhaven Rd	0.19mi	2/2.0 (-1)	1,216 (+6%)	12mo	$215,000	$177	62
6833 Belclare	0.15mi	2/1.5 (-1)	1,232 (+8%)	14mo	$185,000	$150	61
3548 Mcshane Way	0.21mi	2/1.5 (-1)	1,252 (+9%)	12mo	$195,000	$156	57
123 Chestnut St	0.46mi	3/1.5	1,022 (-11%)	6mo	$165,000	$161	54
11 Kinship Rd	0.74mi	2/1.0 (-1)	1,164 (+2%)	12mo	$200,000	$172	48
2920 Cornwall Rd	0.49mi	3/2.5	1,254 (+10%)	12mo	$282,000	$225	45
2930 Sollers Point Rd	0.55mi	2/2.0 (-1)	1,254 (+10%)	8mo	$160,000	$128	43

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.36×
• Total profit: $-43,240
• Equity at exit: $35,785

10-year hold

• IRR: -18.4%
• Equity multiple: 0.13×
• Total profit: $-58,336
• Equity at exit: $20,751

Cash invested: $67,200 (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 21222

• Rents YoY: -0.1%
• Active inventory: 238
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,982 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$184 /mo · $2,204/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $24

Break-even live

Break-even rent $1,952

Max offer price $240,000

Occupancy floor 94%

Sensitivity live

Price	-10% $159	-5% $91	+0% $24	+5% $-44	+10% $-112
Rent	-10% $-133	-5% $-55	+0% $24	+5% $102	+10% $180
Rate	-1.0pp $144	-0.5pp $85	base $24	+0.5pp $-39	+1.0pp $-102

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3443 Dunhaven Rd Dundalk, MD	2.0	2.0	1016	$1,900	$1.87	7d	1	0.03mi
3481 McShane Way Dundalk, MD	2.0	1.5	896	$2,150	$2.40	45d	1	0.09mi
3413 Yardley Dr Dundalk, MD	4.0	2.0	1185	$2,400	$2.03	45d	1	0.16mi
108 Chestnut St Dundalk, MD	2.0	1.0	812	$1,300	$1.60	18d	1	0.39mi
3503 Sollers Point Rd Dundalk, MD	3.0	1.0	776	$1,850	$2.38	14d	1	0.41mi
2976 Cornwall Rd Unit 1 Dundalk, MD	2.0	1.0	900	$1,590	$1.77	17d	1	0.41mi
2959 Liberty Pkwy Dundalk, MD	3.0	2.0	1479	$2,150	$1.45	45d	1	0.43mi
7718 Meath Rd Dundalk, MD	3.0	2.0	864	$2,200	$2.55	45d	1	0.51mi
7003 Dunmanway Dundalk, MD	1.0–2.0	1.0	772	$1,345	$1.74	4d	13	0.52mi
217 Center St Dundalk, MD	3.0	1.5	1280	$1,575	$1.23	7d	1	0.73mi
214 Center St Dundalk, MD	3.0	1.5	992	$1,795	$1.81	13d	1	0.73mi
2624 Liberty Pkwy Dundalk, MD	3.0	1.5	1110	$1,856	$1.67	45d	1	0.79mi
12 Leeway Dundalk, MD	3.0	1.0	1358	$1,750	$1.29	45d	1	0.82mi
135 Carver Rd Dundalk, MD	2.0	1.0	756	$1,300	$1.72	0d	1	0.82mi
511 Avondale Rd Dundalk, MD	2.0–4.0	1.0–2.0	1146	$1,760	$1.54	0d	72	0.87mi
6545 Baltimore Ave Dundalk, MD	2.0	1.0	852	$1,500	$1.76	45d	1	0.93mi
6537 Baltimore Ave Baltimore, MD	3.0	1.0	1272	$1,700	$1.34	4d	1	0.95mi
8220 Cornwall Rd Dundalk, MD	3.0	2.0	1125	$1,775	$1.58	45d	1	0.96mi
266 Saint Helena Ave Dundalk, MD	3.0	1.0	1305	$1,900	$1.46	14d	1	0.99mi
6552 Parnell Ave Dundalk, MD	2.0	1.5	885	$1,500	$1.69	20d	1	0.99mi
1915 Merritt Blvd Dundalk, MD	3.0	2.0	1208	$2,500	$2.07	45d	1	1.02mi
8252 Longpoint Rd Dundalk, MD	4.0	2.0	1216	$1,950	$1.60	5d	1	1.09mi
8252 Longpoint Rd Dundalk, MD	4.0	2.0	1216	$2,050	$1.69	18d	1	1.09mi
2125 Cameron Dr Dundalk, MD	1.0–2.0	1.0	697	$1,350	$1.94	45d	9	1.30mi
7901 Stratman Rd Dundalk, MD	3.0	1.0	890	$1,647	$1.85	4d	1	1.32mi
2020 Dineen Dr Dundalk, MD	3.0	1.5	1258	$1,850	$1.47	7d	1	1.42mi

Listing history 7 events

1. 2026-06-21
   days on market $240,000 Active 8 DOM
2. 2026-06-18
   days on market $240,000 Active 5 DOM
3. 2026-06-17
   days on market $240,000 Active 4 DOM
4. 2026-06-16
   days on market $240,000 Active 3 DOM
5. 2026-06-15
   days on market $240,000 Active 2 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $240,000 Active 1 DOM

ⓘ 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: $2,204 · $184/mo
• Projected year-2 tax: $2,410 · $201/mo
• Expected delta: +$206/yr (+$17/mo · 9.4%)

ⓘ 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 ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 56% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,784
• − Mortgage interest: −$13,444
• − Property taxes: −$2,204
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,903
• − Management: −$1,903
• − Depreciation: −$6,982
• Taxable loss: −$3,851
• Est. tax savings @ 24.0%: +$924
• After-tax cash flow: $1,207/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 — Dundalk

• Score: 85/100
• State rank: #16
• US rank: #510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dundalk, MD
• County: Baltimore County · 769,527 people
• City population: 59,407
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 59,407
• Household income: $64,141
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 2566.0

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 0.60)
• Race & ethnicity: White 59% Black 18% Hispanic / Latino 15% Two or more races 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 1% Italian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 2% Arabic 1%

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: ▼ -251.44%
• Current HPI: 228.4218
• Rent YoY: ▼ -0.09%
• 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

1 event — show timeline

• 2026-06-13 Listed $240,000 BRIGHT MLS

Property tax history

+1.7%/yr

Latest (2025): $2,204 · +2.4% YoY. Source: county tax records.