4300 Wentworth Rd · Baltimore, MD 21207

$199,900

4 bd · 1.0 ba · 1,614 sqft · SingleFamily public records · 6 Days on market

Built 1926 7,500 sqft lot Est $318k · 37% 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 +22.9/30.0
• ARV discount +15.0/15.0
• Appreciation +9.8/10.0
• DSCR +7.3/10.0
• 1% rule +6.3/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0

Listing remarks

This is a great opportunity to own and remake this home into a timeless classis again. This traditional detached home located in Central Forest Park, just blocks away from the Forest Park Golf Course, was built in 1926, and presents a unique investment opportunity with significant potential for appreciation. Spanning 1,614 sq. ft. , the property features four bedrooms and two and a half bathrooms, making it ideal for resale after renovations. Interior highlights include hardwood flooring, built-ins, and a charming curved staircase, enhancing the home's character. The kitchen offers table space, while the unfinished basement provides ample storage or potential for additional living space. A

Key facts

• Hardwood flooring
• Curved staircase
• Brick fireplace

Tags

• HARDWOOD FLOORING
• BUILT-INS
• CURVED STAIRCASE
• UNFINISHED BASEMENT
• BRICK FIREPLACE
• ALUMINUM SIDING

Property features AI

Finance

• Other: Building not winterized; Pets allowed with no restrictions; Ground rent paid annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas available; Hot water by natural gas
• Home design: Detached property; Slate roof; Fee simple ownership; Property listed as needing major rehabilitation; Estimated year built
• Construction: Aluminum siding; Unfinished basement; Other foundation type; Storm windows
• Exterior features: Porch(es); Outbuilding(s); Chain link fencing; Not in federal flood zone

Interior

• Kitchen: Dishwasher; Stove
• Bedrooms: Four bedrooms on the first upper level
• Flooring: Hardwood floors
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Radiator heat; Natural gas heating; Ceiling fans; Window air conditioning units (electric)
• Interior features: Attic; Built-in shelving; Ceiling fans; Curved staircase; Kitchen with table space; Wood floors; Drywall walls and ceilings; Storm door(s)
• Laundry & utility: Laundry hookups in basement and on main floor; Washer/dryer hookup

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 $351 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 8.4% 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 (+5.2%/yr); 132 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 40% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $20k of equity ($1k loan paydown + $19k appreciation (9.5% local appreciation)).
• Baltimore County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (9.5% appreciation + 5.2% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 24% 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 $199,900

Questions for the listing agent

1. Built in 1926 — 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 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?
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. 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.
6. 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.
7. 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: 1.13% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.52%
• DSCR: 1.33
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $317,958
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4408 W Forest Park Ave	0.17mi	5/2.0 (+1)	1,600 (-1%)	0mo	$360,000	$225	81
4016 Kathland Ave	0.18mi	3/1.5 (-1)	1,488 (-8%)	0mo	$175,000	$118	71
4711 W Forest Park Ave	0.41mi	3/2.0 (-1)	1,740 (+8%)	8mo	$315,000	$181	52
4701 Norfolk Ave	0.40mi	4/3.0	1,810 (+12%)	4mo	$380,000	$210	50
2918 Forest Glen Rd	0.41mi	3/2.0 (-1)	1,405 (-13%)	2mo	$147,000	$105	49
3623 Milford Ave	0.71mi	4/1.5	1,536 (-5%)	10mo	$160,500	$104	48
5202 Norwood Ave	0.68mi	4/2.5	1,723 (+7%)	6mo	$319,900	$186	46
2909 Lawina Rd	0.51mi	3/2.0 (-1)	1,846 (+14%)	6mo	$227,000	$123	38
3709 Woodbine Ave	0.63mi	4/3.5	1,770 (+10%)	10mo	$350,000	$198	36
3503 Milford Ave	0.66mi	5/4.0 (+1)	1,498 (-7%)	7mo	$359,900	$240	35
2809 Allendale Rd	0.74mi	3/2.0 (-1)	1,412 (-12%)	7mo	$285,000	$202	30
3002 Oakhill Ave	0.64mi	3/3.0 (-1)	1,832 (+14%)	8mo	$360,000	$197	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

9.5% appreciation · 5.23% rent growth · sell at horizon

5-year hold

• IRR: 29.8%
• Equity multiple: 3.32×
• Total profit: $129,603
• Equity at exit: $172,835

10-year hold

• IRR: 26.7%
• Equity multiple: 7.68×
• Total profit: $374,045
• Equity at exit: $365,270

Cash invested: $55,972 (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 21207

• Home prices YoY: 1.1%
• Rents YoY: 5.2%
• Active inventory: 132
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,249 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$294 /mo · $3,534/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $351

Break-even live

Break-even rent $1,805

Max offer price $199,900

Occupancy floor 79%

Sensitivity live

Price	-10% $464	-5% $407	+0% $351	+5% $294	+10% $237
Rent	-10% $173	-5% $262	+0% $351	+5% $439	+10% $528
Rate	-1.0pp $451	-0.5pp $401	base $351	+0.5pp $299	+1.0pp $246

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4998 W Forest Park Ave Baltimore, MD	3.0	1.0–2.0	790	$1,875	$2.37	16d	15	0.82mi
3904 Gwynns Falls Pkwy Baltimore, MD	3.0	2.0	1772	$2,600	$1.47	44d	1	0.92mi
3807 Bowers Ave Gwynn Oak, MD	3.0	1.5	1152	$2,200	$1.91	44d	1	1.09mi
2103 Chelsea Ter Unit 2 Baltimore, MD	3.0	1.5	1500	$2,100	$1.40	16d	1	1.13mi
3784 Columbus Dr Baltimore, MD	4.0	2.0	1250	$2,200	$1.76	25d	1	1.24mi
3535 Flannery Ln Gwynn Oak, MD	3.0	1.5	1536	$2,000	$1.30	44d	1	1.28mi
5136 Oaklawn Rd Gwynn Oak, MD	1.0–3.0	1.0	896	$1,710	$1.91	3d	22	1.30mi
3028 Hanlon Ave Baltimore, MD	3.0	2.0	1200	$1,711	$1.43	25d	1	1.34mi
3204 Sequoia Ave Baltimore, MD	4.0	2.5	1791	$2,600	$1.45	44d	1	1.35mi
5215 Muth Ave Gwynn Oak, MD	3.0	3.0	1205	$2,700	$2.24	16d	1	1.37mi
4037 Cedardale Rd Baltimore, MD	5.0	3.0	1500	$2,800	$1.87	16d	1	1.38mi

Listing history 5 events

1. 2026-06-21
   days on market $199,900 Active 6 DOM
2. 2026-06-18
   days on market $199,900 Active 3 DOM
3. 2026-06-17
   days on market $199,900 Active 2 DOM
4. 2026-06-16
   remarks 699-char remark
5. 2026-06-16
   listed $199,900 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: $3,534 · $294/mo
• Projected year-2 tax: $3,534 · $294/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 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% 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: $26,987
• − Mortgage interest: −$11,198
• − Property taxes: −$3,534
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,159
• − Management: −$2,159
• − Depreciation: −$5,815
• Taxable income: $1,123
• Est. tax owed @ 24.0%: −$270
• After-tax cash flow: $3,937/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 County · 769,527 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 47,099
• Household income: $67,060
• Rent vs Own: 39.3% rent · 60.7% own
• Severe rent burden: 2139.0

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 (78%)
• Race & ethnicity: Black 78% White 8% Hispanic / Latino 7% Two or more races 5% Asian 3%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Swedish 1%
• Foreign-born: 13% · Canada, Philippines, South Korea
• Languages at home: 86% English-only · Spanish 4% French/Haitian/Cajun 1% Other Asian/Pacific 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: ▲ 9.50%
• Current HPI: 843.63
• Rent YoY: ▲ 5.23%
• 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

• 2026-06-15 Listed $199,900 BRIGHT MLS

Property tax history

+1.1%/yr

Latest (2025): $3,534 · +4.7% YoY. Source: county tax records.