1100 Darley Ave · Baltimore, MD 21218

$73,900

4 bd · 3.0 ba · 1,120 sqft · Townhouse · 139 Days on market

Built 1920 1,120 sqft lot $66/sqft · 55% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

Key facts

• Recently remodeled
• Updated flooring
• Renovated basement

Tags

• RECENTLY REMODELED
• UPDATED FLOORING
• RENOVATED BASEMENT

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $74k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $74k).
• Recommended offer: $65k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.8% 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 (+1.6%/yr); 325 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); 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
• This rent runs 38% of the median local income ($62k/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 $511 of loan paydown is wiped out by about $2k 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 + 1.6% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 139 days — a 12% lower offer ($65k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $6k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $65,032 (12.0% below list)

Questions for the listing agent

1. It's been on market 139 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 1920 — 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: 2.67% ✓
• Cap rate: 23.78%
• Cash-on-cash: 62.45%
• DSCR: 3.78
• GRM: 3.1

CMA / ARV

• ARV (median comp): $164,170
• List price: $73,900
• Delta: -54.99%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2559 Garrett Ave	0.21mi	3/3.0 (-1)	1,202 (+7%)	2mo	$205,000	$171	71
1652 Darley Ave	0.29mi	3/1.0 (-1)	1,100 (-2%)	0mo	$52,500	$48	70
728 Bartlett Ave	0.33mi	3/1.0 (-1)	1,100 (-2%)	2mo	$40,000	$36	67
1601 E 28th St	0.61mi	3/2.0 (-1)	1,100 (-2%)	3mo	$120,000	$109	57
1822 Aiken St	0.40mi	3/1.0 (-1)	1,050 (-6%)	3mo	$49,000	$47	56
1234 E Lafayette Ave E	0.44mi	3/2.5 (-1)	1,225 (+9%)	2mo	$219,000	$179	55
1423 E Lanvale St	0.52mi	4/2.0	1,000 (-11%)	3mo	$77,750	$78	51
1722 E Lanvale St	0.58mi	3/1.0 (-1)	1,200 (+7%)	0mo	$125,000	$104	48
1543 Holbrook St	0.63mi	3/2.0 (-1)	1,200 (+7%)	2mo	$110,000	$92	48
1120 Montpelier St	0.55mi	3/2.0 (-1)	1,260 (+12%)	2mo	$70,000	$56	43
3045 Frisby St	0.74mi	3/1.5 (-1)	1,056 (-6%)	3mo	$162,000	$153	42
2770 The Alameda	0.54mi	3/1.0 (-1)	1,250 (+12%)	3mo	$115,000	$92	40

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 · 1.63% rent growth · sell at horizon

5-year hold

• IRR: 59.9%
• Equity multiple: 3.61×
• Total profit: $53,944
• Equity at exit: $11,019

10-year hold

• IRR: 64.1%
• Equity multiple: 7.02×
• Total profit: $124,640
• Equity at exit: $6,390

Cash invested: $20,692 (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 21218

• Rents YoY: 1.6%
• Active inventory: 325
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,969 high
• Mortgage (P&I): −$388
• Tax from tax record: −$61 /mo · $728/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $1,077

Break-even live

Break-even rent $606

Max offer price $73,900

Occupancy floor 40%

Sensitivity live

Price	-10% $1,119	-5% $1,098	+0% $1,077	+5% $1,056	+10% $1,035
Rent	-10% $921	-5% $999	+0% $1,077	+5% $1,155	+10% $1,232
Rate	-1.0pp $1,114	-0.5pp $1,096	base $1,077	+0.5pp $1,058	+1.0pp $1,038

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: $18,475
• Closing costs: $2,217
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2310 Aisquith St Baltimore, MD	4.0	3.0	900	$2,000	$2.22	5d	1	0.07mi
1607 Cliftview Ave Baltimore, MD	3.0	1.0	1200	$1,475	$1.23	44d	1	0.27mi
1512 E Lafayette Ave Baltimore, MD	3.0	2.5	1476	$1,950	$1.32	44d	1	0.45mi
1514 E Lafayette Ave Baltimore, MD	3.0	1.5	1215	$2,000	$1.65	24d	1	0.45mi
1243 E Lanvale St Baltimore, MD	3.0	1.5	1281	$1,750	$1.37	3d	1	0.54mi
1243 E Lanvale St Baltimore, MD	3.0	1.5	1281	$1,750	$1.37	17d	1	0.54mi
519 E 28th St Baltimore, MD	3.0	2.0	1500	$2,000	$1.33	5d	1	0.55mi
1519 E 28th St Baltimore, MD	3.0	2.0	1100	$1,350	$1.23	44d	1	0.56mi
450 E Lorraine Ave Baltimore, MD	3.0	1.0	1344	$1,695	$1.26	44d	1	0.57mi
1814 E Lafayette Ave Baltimore, MD	4.0	2.0	1200	$1,995	$1.66	24d	1	0.58mi
428 E Lorraine Ave Baltimore, MD	3.0	2.0	1344	$1,875	$1.40	24d	1	0.59mi
428 E Lorraine Ave Unit 1 Baltimore, MD	3.0	1.5	1344	$1,875	$1.40	44d	1	0.59mi
411 E Lorraine Ave Baltimore, MD	3.0	1.5	1344	$2,200	$1.64	24d	1	0.61mi
2516 Barclay St Baltimore, MD	3.0	1.0	992	$1,375	$1.39	17d	1	0.62mi
400 E Lorraine Ave Baltimore, MD	3.0	1.0	1500	$1,800	$1.20	21d	1	0.63mi
1627 Rutland Ave Unit 1 Baltimore, MD	3.0	2.0	1200	$2,350	$1.96	44d	1	0.65mi
1627 Rutland Ave Baltimore, MD	3.0	2.0	1100	$1,950	$1.77	24d	1	0.65mi
402 E 28th St Baltimore, MD	3.0	1.0	1436	$2,200	$1.53	44d	1	0.69mi
1802 E 28th St Baltimore, MD	3.0	1.0	1300	$1,600	$1.23	24d	1	0.70mi
1832 E 28th St Baltimore, MD	3.0	1.0	1066	$1,495	$1.40	24d	1	0.73mi
616 Montpelier St Baltimore, MD	3.0	1.0	1150	$1,750	$1.52	11d	1	0.76mi
1702 E 32nd St Baltimore, MD	3.0	2.0	1344	$2,300	$1.71	44d	1	0.82mi
1607 Hakesley Pl Baltimore, MD	3.0	1.0	720	$1,400	$1.94	44d	1	0.88mi
1200 N Eden St Baltimore, MD	5.0	4.5	1208	$1,400	$1.16	5d	1	0.88mi
2311 E Lafayette Ave Baltimore, MD	3.0	1.0	1000	$1,400	$1.40	44d	1	0.91mi
814 Showell Ct Baltimore, MD	3.0	1.0	1152	$2,000	$1.74	22d	1	0.92mi
7 W 24th St Unit 1 Baltimore, MD	5.0	2.5	1443	$2,395	$1.66	21d	1	0.94mi
210 Federal St Baltimore, MD	3.0	1.0	900	$1,350	$1.50	21d	1	0.95mi
1027 N Central Ave Baltimore, MD	3.0	1.0	1200	$1,600	$1.33	22d	1	1.00mi
724 E 35th St Baltimore, MD	3.0	1.5	1368	$2,000	$1.46	15d	1	1.00mi
2410 E Federal St Baltimore, MD	4.0	2.0	720	$2,200	$3.06	24d	1	1.02mi
3221 Guilford Ave Apt A Baltimore, MD	3.0	1.5	1025	$2,925	$2.85	18d	1	1.03mi
1100 Greenmount Ave Baltimore, MD	1.0–3.0	1.0–2.0	839	$2,584	$3.08	3d	1	1.07mi
1317 E Eager St Baltimore, MD	4.0	1.5	1400	$1,900	$1.36	22d	1	1.07mi
1009 Hillman St Baltimore, MD	3.0	1.0	1200	$1,650	$1.38	21d	1	1.08mi
2641 N Howard St Baltimore, MD	4.0	3.5	1344	$2,800	$2.08	24d	1	1.08mi
1502 Fernley Rd Baltimore, MD	3.0	2.0	1350	$2,800	$2.07	44d	1	1.08mi
103 E Mt Royal Ave Baltimore, MD	1.0–3.0	1.0–2.0	850	$2,624	$3.09	2d	17	1.09mi
931 N Central Ave Baltimore, MD	3.0	1.0	1085	$1,400	$1.29	24d	1	1.09mi
2113 Belair Rd Baltimore, MD	3.0	1.0	1344	$1,795	$1.34	44d	1	1.10mi

Listing history 26 events

1. 2026-06-18
   days on market $73,900 Active 139 DOM
2. 2026-06-17
   days on market $73,900 Active 138 DOM
3. 2026-06-16
   days on market $73,900 Active 137 DOM
4. 2026-06-15
   days on market $73,900 Active 136 DOM
5. 2026-06-13
   days on market $73,900 Active 134 DOM
6. 2026-06-09
   days on market $73,900 Active 130 DOM
7. 2026-06-08
   days on market $73,900 Active 129 DOM
8. 2026-06-07
   days on market $73,900 Active 128 DOM
9. 2026-06-04
   days on market $73,900 Active 125 DOM
10. 2026-06-03
    days on market $73,900 Active 124 DOM
11. 2026-06-02
    days on market $73,900 Active 123 DOM
12. 2026-06-01
    days on market $73,900 Active 122 DOM
13. 2026-05-31
    days on market $73,900 Active 121 DOM
14. 2026-03-03
    price $73,900 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

15. 2026-02-25
    price $79,900 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

16. 2026-02-23
    price $83,900 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

17. 2026-02-03
    price $86,900 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

18. 2026-01-31
    price $89,900 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

19. 2026-01-30
    listed $79,900 Active 218-char remark

    Show marketing remark (218 chars)

    Charming Baltimore City rowhouse featuring 4 bedrooms and 3 bathrooms. Recently remodeled 5 years ago, including bathrooms, updated flooring, and renovated basement. Well-maintained home with modern updates throughout.

20. 2022-01-09
    listed $50,000 Active
21. 2022-01-09
    historical
22. 2022-01-09
    historical
23. 2022-01-09
    listed $500,000
24. 2010-11-09
    soldstatus $50,000
25. 1986-04-16
    soldstatus $60,000
26. 1982-07-02
    soldstatus $25,000

ⓘ 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: $728 · $61/mo
• Projected year-2 tax: $767 · $64/mo
• Expected delta: +$39/yr (+$3/mo · 5.3%)

ⓘ 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: $23,634
• − Mortgage interest: −$4,140
• − Property taxes: −$728
• − Insurance: −$370
• − Repairs & maintenance: −$1,891
• − Management: −$1,891
• − Depreciation: −$2,150
• Taxable income: $12,465
• Est. tax owed @ 24.0%: −$2,992
• After-tax cash flow: $9,931/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): 44,014
• Household income: $62,488
• Rent vs Own: 51.9% rent · 48.1% own
• Severe rent burden: 2564.0

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 0.58)
• Race & ethnicity: Black 60% White 26% Two or more races 6% Hispanic / Latino 5% Asian 5%
• Common ancestry: Romanian 2% Italian 1% Scotch-Irish 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 87% English-only · Spanish 4% French/Haitian/Cajun 2% Chinese 2%

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: ▼ -463.14%
• Current HPI: 292.3986
• Rent YoY: ▲ 1.63%
• 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

+195.6% since first listed

13 events — show timeline

• 2026-03-03 Price Changed $73,900 BRIGHT MLS
• 2026-02-25 Price Changed $79,900 BRIGHT MLS
• 2026-02-23 Price Changed $83,900 BRIGHT MLS
• 2026-02-03 Price Changed $86,900 BRIGHT MLS
• 2026-01-31 Price Changed $89,900 BRIGHT MLS
• 2026-01-30 Listed $79,900 BRIGHT MLS
• 2022-01-09 Listed $500,000 BRIGHT MLS
• 2022-01-09 Listing Removed — BRIGHT MLS
• 2022-01-09 Listing Removed — BRIGHT MLS
• 2022-01-09 Listed $50,000 BRIGHT MLS
• 2010-11-09 Sold (Public Records) $50,000 Public Records
• 1986-04-16 Sold (Public Records) $60,000 Public Records
• 1982-07-02 Sold (Public Records) $25,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $728 · +25.7% YoY. Source: county tax records.