3306 Lyndale Ave · Baltimore, MD 21213

$149,900

3 bd · 1.0 ba · 896 sqft · Townhouse public records · 45 Days on market

Built 1924 $167/sqft · 19% above area Est $126k · 19% over

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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 +26.8/30.0
• DSCR +9.2/10.0
• 1% rule +6.4/10.0
• Appreciation +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

Key facts

• Open floor plan
• On-street parking
• Brick townhouse

Tags

• BRICK TOWNHOUSE
• OPEN FLOOR PLAN
• EAT-IN KITCHEN
• FULLY FINISHED BASEMENT
• ON-STREET PARKING

Property features AI

Finance

• Financial info: Ownership is fee simple

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service for heating, cooling, and hot water
• Home design: Interior townhouse/rowhouse; Brick construction; Architectural shingle roof; Block foundation; Year built estimated; effective year of major remodel 2026
• Construction: Brick exterior; Block foundation; Architectural shingle roof
• Exterior features: Not in a federal flood zone; Ground rent paid annually; Pets allowed with no restrictions

Interior

• Kitchen: Eat-in kitchen
• Bedrooms: 3 bedrooms on the first upper level
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (electric); Central air conditioning; Ceiling fans; Electric hot water
• Interior features: Open floor plan; Eat-in kitchen; Fully finished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $412 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.6% 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); 319 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 40% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $185 of equity ($1k loan paydown + $-851 appreciation (-0.6% 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 (-0.6% appreciation + 5.2% rent growth), your $42k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $35k; list at $150k implies a 328% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — 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 $145,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 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 1924 — 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: 1.14% ✓
• Cap rate: 9.59%
• Cash-on-cash: 11.78%
• DSCR: 1.52
• GRM: 7.3

CMA / ARV

• ARV (median comp): $126,170
• List price: $149,900
• Delta: 18.81%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3307 Elmora Ave	0.06mi	3/1.0	896 (0%)	3mo	$155,000	$173	95
3427 Ravenwood Ave	0.14mi	3/1.0	896 (0%)	0mo	$120,900	$135	93
3224 Elmora Ave	0.06mi	3/1.0	896 (0%)	5mo	$82,000	$92	93
3315 Lyndale Ave	0.02mi	2/1.5 (-1)	896 (0%)	1mo	$145,000	$162	91
3338 Elmora Ave	0.06mi	2/1.0 (-1)	896 (0%)	2mo	$149,500	$167	91
3410 Elmora Ave	0.09mi	3/2.0	896 (0%)	4mo	$93,500	$104	89
3215 Elmora Ave	0.08mi	4/1.5 (+1)	896 (0%)	5mo	$115,000	$128	85
3335 Lyndale Ave	0.05mi	4/3.0 (+1)	896 (0%)	5mo	$125,000	$140	80
3300 Elmley Ave	0.04mi	4/2.0 (+1)	952 (+6%)	5mo	$161,000	$169	75
3332 Brendan Ave	0.57mi	3/1.5	870 (-3%)	1mo	$128,000	$147	66
2709 E Hoffman St	0.69mi	2/1.0 (-1)	840 (-6%)	1mo	$115,000	$137	52
1532 N Patterson Park Ave	0.74mi	3/2.0	984 (+10%)	6mo	$199,000	$202	40

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

Projected returns pro-forma

-0.57% appreciation · 5.25% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.52×
• Total profit: $21,822
• Equity at exit: $39,317

10-year hold

• IRR: 18.1%
• Equity multiple: 3.02×
• Total profit: $84,979
• Equity at exit: $44,021

Cash invested: $41,972 (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 21213

• Home prices YoY: -0.1%
• Rents YoY: 5.2%
• Active inventory: 319
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,711 high
• Mortgage (P&I): −$786
• Tax from tax record: −$91 /mo · $1,097/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $412

Break-even live

Break-even rent $1,190

Max offer price $149,900

Occupancy floor 71%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3315 Lyndale Ave Baltimore, MD	2.0	1.5	896	$1,650	$1.84	17d	1	0.05mi
3317 Lyndale Ave Baltimore, MD	3.0	1.0	900	$1,300	$1.44	43d	1	0.05mi
3218 Lyndale Ave Baltimore, MD	3.0	1.5	1020	$1,500	$1.47	23d	1	0.05mi
3221 Lyndale Ave Baltimore, MD	2.0	2.0	1020	$1,700	$1.67	23d	1	0.06mi
3339 Elmora Ave Baltimore, MD	3.0	2.0	896	$1,600	$1.79	43d	1	0.10mi
3322 Ravenwood Ave Baltimore, MD	3.0	2.0	932	$1,800	$1.93	23d	1	0.11mi
3343 Ravenwood Ave Unit 3343 Baltimore, MD	2.0	2.0	948	$1,855	$1.96	17d	1	0.14mi
3902 Erdman Ave Unit 1 Baltimore, MD	2.0	1.0	1000	$1,275	$1.27	23d	1	0.50mi
3646 Lyndale Ave Baltimore, MD	2.0	1.5	840	$1,475	$1.76	43d	1	0.51mi
2311 E Lafayette Ave Baltimore, MD	3.0	1.0	1000	$1,400	$1.40	43d	1	0.60mi
2410 E Federal St Baltimore, MD	4.0	2.0	720	$2,200	$3.06	23d	1	0.66mi
1323 N Kenwood Ave Unit 1 Baltimore, MD	2.0	1.5	1060	$1,350	$1.27	23d	1	0.71mi
3028 Kenyon Ave Baltimore, MD	2.0	2.0	1075	$1,395	$1.30	43d	1	0.71mi
1310 N Ellwood Ave Baltimore, MD	2.0	1.0	1000	$1,450	$1.45	12d	1	0.74mi
1310 N Ellwood Ave #1 Baltimore, MD	2.0	1.0	1000	$1,550	$1.55	21d	1	0.74mi
1832 E 28th St Baltimore, MD	3.0	1.0	1066	$1,495	$1.40	23d	1	0.84mi
3566 Dudley Ave Baltimore, MD	2.0	1.0	896	$1,800	$2.01	23d	1	0.86mi
2221 E Preston St Baltimore, MD	2.0	1.0	658	$1,200	$1.82	23d	1	0.94mi
1627 Rutland Ave Baltimore, MD	3.0	2.0	1100	$1,950	$1.77	23d	1	0.99mi
4300 Orchard Ridge Blvd Baltimore, MD	1.0–3.0	1.0–2.0	1021	$1,809	$1.77	43d	1	0.99mi
1519 E 28th St Baltimore, MD	3.0	2.0	1100	$1,350	$1.23	43d	1	1.03mi
4022 Ardley Ave Baltimore, MD	2.0	1.0	896	$1,750	$1.95	43d	1	1.06mi
4408 Bowleys Ln Baltimore, MD	2.0	1.0	682	$1,439	$2.11	2d	1	1.11mi
2729 Ashland Ave Baltimore, MD	3.0	1.0	1000	$1,350	$1.35	2d	1	1.11mi
3221 The Alameda Unit 2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	23d	1	1.21mi
2310 Aisquith St Baltimore, MD	4.0	3.0	900	$2,000	$2.22	4d	1	1.22mi
720 N Port St Baltimore, MD	2.0	1.0	950	$1,300	$1.37	43d	1	1.26mi
4409 Moravia Rd Baltimore, MD	2.0	1.0	861	$1,385	$1.61	43d	3	1.28mi
1607 Hakesley Pl Baltimore, MD	3.0	1.0	720	$1,400	$1.94	43d	1	1.32mi
1923 Ashland Ave Baltimore, MD	2.0	2.0	862	$1,770	$2.05	19d	2	1.33mi
1923 Ashland Ave Unit 401 Baltimore, MD	2.0	2.0	850	$1,795	$2.11	20d	1	1.34mi
531 N Belnord Ave Baltimore, MD	2.0	1.5	1100	$1,700	$1.55	23d	1	1.34mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	14d	1	1.34mi
618 N Montford Ave Baltimore, MD	3.0	1.0	1050	$1,468	$1.40	43d	1	1.34mi
712 N Duncan St Baltimore, MD	2.0	1.5	1000	$2,000	$2.00	43d	1	1.35mi
520 N Decker Ave Baltimore, MD	2.0	1.0	1000	$1,650	$1.65	43d	1	1.35mi
517 N Rose St Baltimore, MD	3.0	1.0	845	$1,400	$1.66	4d	1	1.37mi
502 N Glover St Baltimore, MD	2.0	1.5	827	$1,250	$1.51	20d	1	1.38mi
415 N Belnord Ave Baltimore, MD	2.0	1.0	1008	$1,300	$1.29	23d	1	1.43mi
415 N Glover St Baltimore, MD	2.0	2.5	1092	$1,600	$1.47	23d	1	1.44mi

Listing history 26 events

1. 2026-06-18
   days on market $149,900 Active 45 DOM
2. 2026-06-17
   days on market $149,900 Active 44 DOM
3. 2026-06-16
   pricedays on market $149,900 Active 43 DOM
4. 2026-06-15
   days on market $154,900 Active 42 DOM
5. 2026-06-13
   days on market $154,900 Active 40 DOM
6. 2026-06-09
   days on market $154,900 Active 36 DOM
7. 2026-06-08
   days on market $154,900 Active 35 DOM
8. 2026-06-07
   days on market $154,900 Active 34 DOM
9. 2026-06-04
   days on market $154,900 Active 31 DOM
10. 2026-06-03
    days on market $154,900 Active 30 DOM
11. 2026-06-02
    days on market $154,900 Active 29 DOM
12. 2026-06-01
    days on market $154,900 Active 28 DOM
13. 2026-05-31
    pricedays on market $154,900 Active 27 DOM
14. 2026-05-04
    listed $159,900 Active 885-char remark
15. 2017-09-27
    soldstatus $35,000 150-char remark

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

16. 2017-09-27
    soldstatus $35,000 Sold

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

17. 2017-01-05
    status Contract

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

18. 2016-12-11
    price $40,000

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

19. 2016-12-05
    price $50,000

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

20. 2016-11-26
    price $60,000

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

21. 2016-11-24
    listed $40,000 150-char remark

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

22. 2016-11-24
    listed $75,000 Active

    Show marketing remark (150 chars)

    spacious townhouse, quiet neighborhood, potential shortsale not approved yet but we have a great negotiator, walk into this house with instant equity.

23. 2007-12-05
    soldstatus $105,000
24. 2007-11-27
    soldstatus $105,000 Sold
25. 2007-10-17
    historical
26. 2007-09-20
    listed $105,000

ⓘ 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: $1,097 · $91/mo
• Projected year-2 tax: $1,365 · $114/mo
• Expected delta: +$269/yr (+$22/mo · 24.5%)

ⓘ 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: $20,535
• − Mortgage interest: −$8,397
• − Property taxes: −$1,097
• − Insurance: −$750
• − Repairs & maintenance: −$1,643
• − Management: −$1,643
• − Depreciation: −$4,361
• Taxable income: $2,645
• Est. tax owed @ 24.0%: −$635
• After-tax cash flow: $4,308/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): 28,058
• Household income: $51,344
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 1868.0

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 (86%)
• Race & ethnicity: Black 86% White 6% Hispanic / Latino 4% Two or more races 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -0.57%
• Current HPI: 427.4453
• Rent YoY: ▲ 5.25%
• 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

+42.8% since first listed

15 events — show timeline

• 2026-06-16 Price Changed $149,900 BRIGHT MLS
• 2026-05-30 Price Changed $154,900 BRIGHT MLS
• 2026-05-04 Listed $159,900 BRIGHT MLS
• 2017-09-27 Sold (MLS) $35,000 BRIGHT MLS
• 2017-09-27 Sold (MLS) $35,000 MRIS
• 2017-01-05 Pending — MRIS
• 2016-12-11 Price Changed $40,000 MRIS
• 2016-12-05 Price Changed $50,000 MRIS
• 2016-11-26 Price Changed $60,000 MRIS
• 2016-11-24 Listed $40,000 BRIGHT MLS
• 2016-11-24 Listed $75,000 MRIS
• 2007-12-05 Sold (Public Records) $105,000 Public Records
• 2007-11-27 Sold (MLS) $105,000 MRIS
• 2007-10-17 Delisted — MRIS
• 2007-09-20 Listed $105,000 MRIS

Property tax history

-2.4%/yr

Latest (2025): $1,097 · +2.7% YoY. Source: county tax records.