4753 Homesdale Ave · Baltimore, MD 21206

$150,000

2 bd · 1.0 ba · 1,120 sqft · Townhouse public records · 6 Days on market

Built 1957 4,356 sqft lot Est $164k · 8% under

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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 +24.4/30.0
• ARV discount +11.2/15.0
• DSCR +7.9/10.0
• 1% rule +6.3/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Great value! 2-bedroom, 1.5-bath brick front row home with many major updates already completed, making it an excellent opportunity for an owner-occupant or investor. Recent improvements include a remodeled kitchen and bathroom (2016), upstairs bathroom renovation (2016), replacement basement windows and basement door (2020), new front and rear doors and storm doors (2021), new gutters and downspouts (2021), new cement steps (2021), hot water heater (2014), ceiling fans (2017), and washer (2021). The home is equipped with a Rheem HVAC system with warm gas heat and central air. All appliances convey. Convenient to job centers, public transportation, and I-95.

Key facts

• Remodeled kitchen
• New storm doors
• Parking

Tags

• REMODELED KITCHEN
• UPSTAIRS BATHROOM RENOVATION
• REPLACEMENT BASEMENT WINDOWS
• REPLACEMENT BASEMENT DOOR
• NEW FRONT AND REAR DOORS
• NEW STORM DOORS

Property features AI

Exterior

• Parking: Alley access; On-street parking; Off-street parking
• Utilities: Public water; Public sewer; 200+ amp electric service; Cable TV available; Multiple phone lines
• Home design: Interior townhouse / rowhouse
• Construction: Brick construction; Concrete perimeter foundation
• Exterior features: Exterior lighting; Sidewalks; Chain link rear fencing; Walkout basement with outside/rear entrance; Windows in basement

Interior

• Kitchen: Refrigerator
• Bedrooms: Two bedrooms on the upper level
• Flooring: Carpet
• Bathrooms: One full bathroom (upper level); One half bathroom (lower level)
• Heating & cooling: Forced air heating; Natural gas heating and hot water; Central air conditioning; Ceiling fans
• Interior features: Tub/shower; Ceiling fan(s); Dining area; Formal dining room; Traditional floor plan; Kitchen with country-style layout; Window treatments; Drywall and plaster walls; Insulated and storm doors
• Laundry & utility: Washer; Dryer; Utility room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $304 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 8.7% 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 (+4.4%/yr); 180 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 32% of the median local income ($65k/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 $4k 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 + 4.4% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $32k; list at $150k implies a 362% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — 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 $150,000

Questions for the listing agent

1. Built in 1957 — 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: 8.73%
• Cash-on-cash: 8.69%
• DSCR: 1.39
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $163,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4726 Chatford Ave	0.19mi	2/2.0	1,120 (0%)	2mo	$164,000	$146	86
4603 Chatford Ave	0.27mi	3/1.5 (+1)	1,170 (+4%)	1mo	$205,000	$175	72
4000 Balfern Ave	0.43mi	3/1.5 (+1)	1,120 (0%)	1mo	$157,000	$140	72
4102 Dudley Ave	0.51mi	3/1.5 (+1)	1,120 (0%)	2mo	$165,000	$147	68
4735 Homesdale Ave	0.03mi	3/1.5 (+1)	1,280 (+14%)	2mo	$120,000	$94	66
3802 Lyndale Ave	0.70mi	2/1.5	1,050 (-6%)	1mo	$160,000	$152	54
3838 Lyndale Ave	0.65mi	2/2.0	1,190 (+6%)	2mo	$113,500	$95	54
3805 Elmora Ave	0.71mi	3/2.0 (+1)	1,096 (-2%)	1mo	$11,700	$11	53
4128 Balfern Ave	0.46mi	3/1.5 (+1)	1,008 (-10%)	2mo	$177,000	$176	53
3532 Cliftmont Ave	0.60mi	3/2.0 (+1)	1,200 (+7%)	2mo	$168,000	$140	50
4323 Sheldon Ave	0.60mi	3/2.0 (+1)	1,280 (+14%)	2mo	$245,000	$191	38
4235 Seidel Ave	0.66mi	3/1.5 (+1)	1,280 (+14%)	2mo	$91,000	$71	37

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 · 4.43% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-2,428
• Equity at exit: $22,365

10-year hold

• IRR: 9.7%
• Equity multiple: 1.80×
• Total profit: $33,407
• Equity at exit: $12,969

Cash invested: $42,000 (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 21206

• Rents YoY: 4.4%
• Active inventory: 180
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,698 high
• Mortgage (P&I): −$787
• Tax from tax record: −$188 /mo · $2,254/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $304

Break-even live

Break-even rent $1,313

Max offer price $150,000

Occupancy floor 77%

Sensitivity live

Price	-10% $389	-5% $347	+0% $304	+5% $262	+10% $219
Rent	-10% $170	-5% $237	+0% $304	+5% $371	+10% $438
Rate	-1.0pp $380	-0.5pp $342	base $304	+0.5pp $265	+1.0pp $226

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5305 Moravia Rd Baltimore, MD	3.0	1.0	679	$1,565	$2.30	3d	1	0.27mi
4901 Gunther Ave Baltimore, MD	1.0–3.0	1.0–2.0	742	$1,120	$1.51	3d	1	0.33mi
4022 Ardley Ave Baltimore, MD	2.0	1.0	896	$1,750	$1.95	44d	1	0.33mi
4116 Raymonn Ave Baltimore, MD	3.0	1.5	1244	$1,950	$1.57	44d	1	0.39mi
3551 Shannon Dr Baltimore, MD	3.0	2.0	1485	$2,358	$1.59	25d	1	0.39mi
3566 Dudley Ave Baltimore, MD	2.0	1.0	896	$1,800	$2.01	25d	1	0.42mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1440	$1,700	$1.18	25d	1	0.42mi
5731 Denwood Ave Baltimore, MD	3.0	1.5	1152	$1,700	$1.48	23d	1	0.42mi
4409 Moravia Rd Baltimore, MD	2.0	1.0	861	$1,385	$1.61	44d	3	0.46mi
3544 Chesterfield Ave Baltimore, MD	3.0	1.5	1200	$1,635	$1.36	44d	1	0.54mi
4320 Sheldon Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	25d	1	0.57mi
3305 Dudley Ave Baltimore, MD	3.0	2.0	1413	$1,950	$1.38	44d	1	0.60mi
4517 Woodlea Ave Baltimore, MD	2.0	2.0	1326	$1,900	$1.43	3d	1	0.61mi
6004 Amberwood Rd Baltimore, MD	1.0	1.0	867	$1,445	$1.67	4d	1	0.66mi
6004 Amberwood Rd Baltimore, MD	2.0	1.0	751	$1,220	$1.62	21d	1	0.66mi
4400 Asbury Ave Baltimore, MD	3.0	2.0	1270	$1,995	$1.57	5d	1	0.67mi
4300 Orchard Ridge Blvd Baltimore, MD	1.0–3.0	1.0–2.0	1021	$1,420	$1.39	44d	1	0.71mi
3028 Kenyon Ave Baltimore, MD	2.0	2.0	1075	$1,395	$1.30	44d	1	0.77mi
3646 Lyndale Ave Baltimore, MD	2.0	1.5	840	$1,475	$1.76	44d	1	0.80mi
4024 Eierman Ave Baltimore, MD	3.0	2.0	1136	$1,825	$1.61	44d	1	0.85mi
3610 Elmley Ave Baltimore, MD	2.0	1.5	1200	$1,550	$1.29	21d	1	0.85mi
3902 Erdman Ave Unit 2 Baltimore, MD	1.0	1.0	700	$1,175	$1.68	16d	1	0.90mi
3902 Erdman Ave Unit 1 Baltimore, MD	2.0	1.0	1000	$1,275	$1.27	25d	1	0.90mi
3914 Erdman Ave #1 Baltimore, MD	3.0	1.0	1200	$1,319	$1.10	19d	1	0.90mi
2848 Pelham Ave Baltimore, MD	3.0	2.0	1164	$1,700	$1.46	44d	1	0.94mi
5313 Todd Ave Baltimore, MD	3.0	1.5	1280	$1,800	$1.41	17d	1	0.94mi
5611 Force Rd Baltimore, MD	3.0	1.5	1296	$1,850	$1.43	44d	1	0.96mi
4104 Parkwood Ave Baltimore, MD	3.0	1.0	1224	$2,800	$2.29	25d	1	0.98mi
3410 Belair Rd Unit 2/B Baltimore, MD	1.0	1.0	742	$1,225	$1.65	5d	1	0.98mi
2817 Pelham Ave Baltimore, MD	3.0	2.0	1464	$1,950	$1.33	25d	1	0.99mi
2828 Lake Ave Baltimore, MD	3.0	2.0	1164	$1,850	$1.59	5d	1	1.04mi
3512 Elmora Ave Baltimore, MD	3.0	1.5	1472	$1,900	$1.29	21d	1	1.05mi
4023 Belwood Ave Baltimore, MD	3.0	1.0	1080	$1,995	$1.85	44d	1	1.05mi
3515 Parklawn Ave Baltimore, MD	3.0	2.0	1240	$1,700	$1.37	3d	1	1.09mi
3436 Cardenas Ave Baltimore, MD	2.0	1.0	1146	$1,395	$1.22	44d	1	1.09mi
4007 Biddison Ln Apt 1 Baltimore, MD	2.0	1.0	1000	$1,279	$1.28	19d	1	1.10mi
5510 Plainfield Ave Unit 5510B Baltimore, MD	1.0	1.0	1232	$1,250	$1.01	44d	1	1.11mi
5253 Cedgate Rd Unit 1 Baltimore, MD	3.0	1.5	1152	$2,200	$1.91	44d	1	1.20mi
3335 Lyndale Ave Baltimore, MD	2.0	2.0	1344	$1,600	$1.19	25d	1	1.25mi
3339 Elmora Ave Baltimore, MD	3.0	2.0	896	$1,600	$1.79	44d	1	1.25mi

Listing history 7 events

1. 2026-06-21
   days on market $150,000 Active 6 DOM
2. 2026-06-18
   days on market $150,000 Active 3 DOM
3. 2026-06-17
   days on market $150,000 Active 2 DOM
4. 2026-06-16
   statusdays on market $150,000 Active 1 DOM
5. 2026-06-15
   days on market $150,000 Coming Soon 5 DOM
6. 2026-06-13
   remarks 666-char remark
7. 2026-06-13
   listed $150,000 Coming Soon 3 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: $2,254 · $188/mo
• Projected year-2 tax: $2,254 · $188/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 8/10 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: $20,372
• − Mortgage interest: −$8,402
• − Property taxes: −$2,254
• − Insurance: −$750
• − Repairs & maintenance: −$1,630
• − Management: −$1,630
• − Depreciation: −$4,364
• Taxable income: $1,343
• Est. tax owed @ 24.0%: −$322
• After-tax cash flow: $3,328/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): 48,902
• Household income: $64,531
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 2317.0

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 (73%)
• Race & ethnicity: Black 73% White 20% Two or more races 3% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 3% Ukrainian 1%
• Foreign-born: 8% · Canada
• Languages at home: 92% English-only · Spanish 2% Arabic 2% Other Indo-European 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: ▼ -191.83%
• Current HPI: 284.5645
• Rent YoY: ▲ 4.43%
• 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

+361.5% since first listed

2 events — show timeline

• 2026-06-10 Coming Soon $150,000 BRIGHT MLS
• 1983-01-03 Sold (Public Records) $32,500 Public Records

Property tax history

-0.6%/yr

Latest (2025): $2,254 · +2.7% YoY. Source: county tax records.