6907 Belclare Rd · Dundalk, MD 21222

$225,000

3 bd · 1.0 ba · 1,144 sqft · Townhouse public records · 2 Days on market

Built 1951 2,600 sqft lot Est $184k · 22% 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 +14.7/30.0
• DSCR +4.5/10.0
• Livability +4.2/5.0
• 1% rule +3.6/10.0
• 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 MLS

JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

Key facts

• Close to schools
• Close to restaurants
• Off street parking

Tags

• OFF STREET PARKING
• PRIVATE REAR ENTRANCE
• FENCED YARD
• CLOSE TO SCHOOLS
• CLOSE TO RESTAURANTS
• CLOSE TO SHOPPING

Property features AI

Exterior

• Parking: Off-street parking; On-street parking
• Utilities: Natural gas for heating and hot water; Electric for cooling; Public water and sewer
• Home design: End of row townhouse; Fee simple ownership
• Construction: Brick construction; Other foundation
• Exterior features: Public water; Public sewer; Ground rent paid annually

Interior

• Kitchen: Built-in microwave; Gas range/oven; Refrigerator
• Bedrooms: Three bedrooms on the upper level
• Bathrooms: Two full bathrooms (one on upper level, one on lower level)
• Heating & cooling: 90% efficient forced air heating; Electric cooling (other type)
• Interior features: Partially finished basement; Built-in microwave; Gas oven/range; Refrigerator
• Laundry & utility: Washer; Dryer; Natural gas hot water

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $225k.

Deal economics

• At list price, monthly cash flow is $59 ($712/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 $194k (13.8% below list).
• Recommended offer: $194k (13.8% 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 18d 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 36% 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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $135k; list at $225k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 58% 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 $193,869 (13.8% below list)

Questions for the listing agent

1. Built in 1951 — 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: 0.86% ✗
• Cap rate: 6.61%
• Cash-on-cash: 1.13%
• DSCR: 1.05
• GRM: 9.7

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
6854 Dunbar Rd	0.09mi	3/2.0	1,125 (-2%)	2mo	$130,000	$116	87
3325 Mcshane Way	0.13mi	2/1.5 (-1)	1,120 (-2%)	2mo	$180,000	$161	82
6822 Dunbar Rd	0.12mi	3/1.0	1,105 (-3%)	9mo	$160,000	$145	81
3563 Mcshane Way	0.35mi	2/1.0 (-1)	1,120 (-2%)	13mo	$206,000	$184	64
3521 Dunhaven Rd	0.27mi	2/2.0 (-1)	1,216 (+6%)	12mo	$215,000	$177	58
3548 Mcshane Way	0.30mi	2/1.5 (-1)	1,252 (+9%)	12mo	$195,000	$156	54
11 Kinship Rd	0.64mi	2/1.0 (-1)	1,164 (+2%)	12mo	$200,000	$172	52
123 Chestnut St	0.55mi	3/1.5	1,022 (-11%)	6mo	$165,000	$161	49
2920 Cornwall Rd	0.44mi	3/2.5	1,254 (+10%)	12mo	$282,000	$225	47
2634 Yorkway	0.74mi	3/2.0	1,104 (-4%)	11mo	$229,000	$207	47
2930 Sollers Point Rd	0.52mi	2/2.0 (-1)	1,254 (+10%)	8mo	$160,000	$128	44
241 Baltimore Ave	0.74mi	2/2.5 (-1)	1,274 (+11%)	6mo	$120,000	$94	31

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: -17.8%
• Equity multiple: 0.39×
• Total profit: $-38,381
• Equity at exit: $33,548

10-year hold

• IRR: -16.6%
• Equity multiple: 0.20×
• Total profit: $-50,597
• Equity at exit: $19,454

Cash invested: $63,000 (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: 9.7×

Monthly cashflow live

• Estimated rent: $1,939 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$199 /mo · $2,382/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $59

Break-even live

Break-even rent $1,864

Max offer price $225,000

Occupancy floor 92%

Sensitivity live

Price	-10% $187	-5% $123	+0% $59	+5% $-4	+10% $-68
Rent	-10% $-94	-5% $-17	+0% $59	+5% $136	+10% $213
Rate	-1.0pp $173	-0.5pp $117	base $59	+0.5pp $1	+1.0pp $-58

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: $56,250
• Closing costs: $6,750
• 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	6d	1	0.12mi
3481 McShane Way Dundalk, MD	2.0	1.5	896	$2,150	$2.40	45d	1	0.21mi
3413 Yardley Dr Dundalk, MD	4.0	2.0	1185	$2,400	$2.03	45d	1	0.28mi
2976 Cornwall Rd Unit 1 Dundalk, MD	2.0	1.0	900	$1,590	$1.77	16d	1	0.38mi
2959 Liberty Pkwy Dundalk, MD	3.0	2.0	1479	$2,150	$1.45	45d	1	0.38mi
7003 Dunmanway Dundalk, MD	1.0–2.0	1.0	772	$1,345	$1.74	3d	13	0.43mi
108 Chestnut St Dundalk, MD	2.0	1.0	812	$1,300	$1.60	18d	1	0.49mi
3503 Sollers Point Rd Dundalk, MD	3.0	1.0	776	$1,850	$2.38	14d	1	0.53mi
7718 Meath Rd Dundalk, MD	3.0	2.0	864	$2,200	$2.55	45d	1	0.63mi
2624 Liberty Pkwy Dundalk, MD	3.0	1.5	1110	$1,856	$1.67	45d	1	0.71mi
12 Leeway Dundalk, MD	3.0	1.0	1358	$1,750	$1.29	45d	1	0.73mi
6545 Baltimore Ave Dundalk, MD	2.0	1.0	852	$1,500	$1.76	45d	1	0.81mi
6537 Baltimore Ave Baltimore, MD	3.0	1.0	1272	$1,700	$1.34	3d	1	0.82mi
217 Center St Dundalk, MD	3.0	1.5	1280	$1,575	$1.23	6d	1	0.84mi
214 Center St Dundalk, MD	3.0	1.5	992	$1,795	$1.81	12d	1	0.85mi
266 Saint Helena Ave Dundalk, MD	3.0	1.0	1305	$1,900	$1.46	14d	1	0.87mi
6552 Parnell Ave Dundalk, MD	2.0	1.5	885	$1,500	$1.69	19d	1	0.87mi
135 Carver Rd Dundalk, MD	2.0	1.0	756	$1,300	$1.72	0d	1	0.94mi
511 Avondale Rd Dundalk, MD	2.0–4.0	1.0–2.0	1146	$1,760	$1.54	0d	72	0.99mi
1915 Merritt Blvd Dundalk, MD	3.0	2.0	1208	$2,500	$2.07	45d	1	1.02mi
8220 Cornwall Rd Dundalk, MD	3.0	2.0	1125	$1,775	$1.58	45d	1	1.09mi
2125 Cameron Dr Dundalk, MD	1.0–2.0	1.0	697	$1,350	$1.94	45d	9	1.19mi
8252 Longpoint Rd Dundalk, MD	4.0	2.0	1216	$2,050	$1.69	18d	1	1.21mi
8252 Longpoint Rd Dundalk, MD	4.0	2.0	1216	$1,950	$1.60	5d	1	1.21mi
7901 Stratman Rd Dundalk, MD	3.0	1.0	890	$1,647	$1.85	4d	1	1.36mi
2020 Dineen Dr Dundalk, MD	3.0	1.5	1258	$1,850	$1.47	6d	1	1.48mi

Listing history 17 events

1. 2026-05-31
   status $225,000 Pending 2 DOM
2. 2026-05-29
   listed $225,000 Active
3. 2010-12-28
   soldstatus $135,000
4. 2010-12-17
   historical 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

5. 2010-12-17
   soldstatus $135,000 Sold 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

6. 2010-12-17
   soldstatus $135,000 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

7. 2010-11-13
   status Contingent (No Kick Out) 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

8. 2010-11-13
   historical 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

9. 2010-10-06
   price $139,900 400-char remark

   Show marketing remark (400 chars)

   JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

10. 2010-06-01
    listed $145,000 Active 400-char remark

    Show marketing remark (400 chars)

    JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

11. 2010-06-01
    listed $139,900 400-char remark

    Show marketing remark (400 chars)

    JUST REDUCED!!!!! 3 bedroom end-of-group rowhome is perfect for the first time buyer. Upgraded and updated, it features a finished lower level w/ full bath, bright main level with open kitchen and dining area, along with spacious living room; 3 bedrooms & 1 full bath on upper level. Covered front porch is perfect for watching the parade! Parking pad in back. Not affected by water main break.

12. 2005-07-20
    soldstatus $135,000
13. 2005-07-20
    soldstatus $135,000
14. 2004-05-24
    soldstatus $53,000
15. 2004-03-11
    historical
16. 2004-03-05
    listed $53,000
17. 1980-06-10
    soldstatus $41,600

ⓘ 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: $2,382 · $199/mo
• Projected year-2 tax: $2,417 · $201/mo
• Expected delta: +$35/yr (+$3/mo · 1.5%)

ⓘ 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 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 58% 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: $23,264
• − Mortgage interest: −$12,603
• − Property taxes: −$2,382
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,861
• − Management: −$1,861
• − Depreciation: −$6,545
• Taxable loss: −$3,114
• Est. tax savings @ 24.0%: +$747
• After-tax cash flow: $1,460/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

+440.9% since first listed

16 events — show timeline

• 2026-05-29 Listed $225,000 BRIGHT MLS
• 2010-12-28 Sold (Public Records) $135,000 Public Records
• 2010-12-17 Delisted — MRIS
• 2010-12-17 Sold (MLS) $135,000 BRIGHT MLS
• 2010-12-17 Sold (MLS) $135,000 MRIS
• 2010-11-13 Pending — MRIS
• 2010-11-13 Listing Removed — BRIGHT MLS
• 2010-10-06 Price Changed $139,900 MRIS
• 2010-06-01 Listed $145,000 MRIS
• 2010-06-01 Listed $139,900 BRIGHT MLS
• 2005-07-20 Sold (Public Records) $135,000 Public Records
• 2005-07-20 Sold (Public Records) $135,000 Public Records
• 2004-05-24 Sold (MLS) $53,000 MRIS
• 2004-03-11 Delisted — MRIS
• 2004-03-05 Listed $53,000 MRIS
• 1980-06-10 Sold (Public Records) $41,600 Public Records

Property tax history

+2.7%/yr

Latest (2025): $2,382 · +7.3% YoY. Source: county tax records.