1120 Linkside Dr · Parkville, MD 21234

$235,000

4 bd · 1.5 ba · 1,554 sqft · Townhouse public records · 6 Days on market

Built 1965 2,413 sqft lot Est $280k · 16% 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 +21.0/30.0
• ARV discount +14.7/15.0
• DSCR +6.7/10.0
• 1% rule +5.0/10.0
• Rent growth +4.2/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Well-maintained townhome! Hardwood flooring preserved in living and dining rooms. Kitchen has exit to a deck overlooking private parking pad and yard. Upstairs, four bedrooms and a renovated full bathroom. The lower level is finished with a family room and utility room with laundry, panel walls and vinyl flooring. Convenient to commuting routes and shopping.

Key facts

• Parking
• Built 1965
• Listed 6 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath townhouse listed at $235k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $235k).
• Cap rate 8.0% vs local median 5.3% in Parkville — 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 77/100 on livability (#77 in MD, #2,839 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety 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: Pleasant Plains Elementary (math 6% / reading 13%, grade F, #642 of 860 statewide, top 75%, 527 students, 68% FRL); Parkville Middle (math 9% / reading 43%, grade F, #91 of 225 statewide, top 42%, 999 students, 55% FRL); Parkville High (math 9% / reading 35%, grade F, #171 of 222 statewide, top 78%, 2,200 students, 62% FRL) — zoned schools average 62% FRL vs 39% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.7%/yr); 232 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); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 34% of the median local income ($84k/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.
• At projected returns (-3.0% appreciation + 6.7% rent growth), your $66k 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.
• 2 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 $140k; list at $235k implies a 68% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $235,000

Questions for the listing agent

1. Built in 1965 — 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 F-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: 1.00% ✓
• Cap rate: 7.98%
• Cash-on-cash: 6.04%
• DSCR: 1.27
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $279,720
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1102 Linkside Dr	0.04mi	4/1.5	1,542 (-1%)	2mo	$265,000	$172	95
7512 Hillsway	0.21mi	3/1.5 (-1)	1,572 (+1%)	4mo	$263,000	$167	80
1117 Deanwood Rd	0.12mi	3/1.5 (-1)	1,440 (-7%)	1mo	$165,000	$115	76
1313 Taylor Ave	0.24mi	4/3.0	1,496 (-4%)	1mo	$190,000	$127	76
1844 Deveron Rd	0.48mi	3/2.0 (-1)	1,520 (-2%)	1mo	$305,000	$201	66
1302 Kenton Rd	0.24mi	3/1.5 (-1)	1,440 (-7%)	8mo	$152,000	$106	65
8130 Kirkwall Ct	0.61mi	3/1.5 (-1)	1,580 (+2%)	4mo	$335,000	$212	60
8103 Kirkwall Ct	0.56mi	3/2.0 (-1)	1,580 (+2%)	5mo	$305,000	$193	60
8204 Pleasant Plains Rd	0.74mi	3/2.0 (-1)	1,580 (+2%)	3mo	$285,000	$180	54
6505 Loch Hill Ct	0.71mi	3/1.5 (-1)	1,425 (-8%)	0mo	$298,350	$209	48
1859 Loch Shiel Rd	0.49mi	3/2.0 (-1)	1,708 (+10%)	9mo	$317,000	$186	46
1637 Cottage Ln	0.64mi	3/2.0 (-1)	1,705 (+10%)	3mo	$300,000	$176	44

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 · 6.68% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-7,945
• Equity at exit: $35,039

10-year hold

• IRR: 10.2%
• Equity multiple: 1.92×
• Total profit: $60,270
• Equity at exit: $20,319

Cash invested: $65,800 (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 21234

• Rents YoY: 6.7%
• Active inventory: 232
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,360 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$203 /mo · $2,434/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $331

Break-even live

Break-even rent $1,941

Max offer price $235,000

Occupancy floor 81%

Sensitivity live

Price	-10% $464	-5% $398	+0% $331	+5% $265	+10% $198
Rent	-10% $145	-5% $238	+0% $331	+5% $424	+10% $518
Rate	-1.0pp $450	-0.5pp $391	base $331	+0.5pp $270	+1.0pp $208

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1127 Deanwood Rd Parkville, MD	3.0	2.0	1730	$2,350	$1.36	44d	1	0.13mi
1376 Halstead Rd Parkville, MD	3.0	1.0	1440	$2,400	$1.67	25d	1	0.33mi
1629 Wentworth Ave Parkville, MD	3.0	1.5	1152	$1,895	$1.64	44d	1	0.40mi
1929 Edgewood Rd Unit 1929 Towson, MD	3.0	2.0	1700	$2,350	$1.38	12d	1	0.44mi
7202 Sindall Rd Unit 7202 Parkville, MD	3.0	1.0	1350	$1,850	$1.37	44d	1	0.46mi
1809 Glen Ridge Rd Towson, MD	3.0	1.5	1640	$2,100	$1.28	44d	1	0.53mi
8130 Kirkwall Ct Towson, MD	3.0	1.5	1280	$2,625	$2.05	25d	1	0.59mi
6906 Donachie Rd Baltimore, MD	3.0	1.0–2.0	904	$2,363	$2.61	4d	37	0.64mi
6518 Loch Hill Ct Loch Hill, MD	3.0	1.5	1580	$2,050	$1.30	25d	1	0.71mi
8339 Wyton Rd Towson, MD	4.0	2.0	1520	$2,534	$1.67	25d	1	0.72mi
8309 Pleasant Plains Rd Towson, MD	3.0	1.0	1350	$3,000	$2.22	44d	1	0.77mi
1612 Hardwick Rd Towson, MD	4.0	2.0	1275	$2,450	$1.92	3d	1	0.82mi
1621 Thetford Rd Towson, MD	3.0	1.5	1080	$2,350	$2.18	44d	1	0.84mi
8340 Edgedale Rd Parkville, MD	3.0	2.0	1260	$2,400	$1.90	6d	1	0.85mi
1717 Northview Rd Parkville, MD	3.0	1.5	1260	$1,980	$1.57	6d	1	0.86mi
8426 Pleasant Plains Rd Towson, MD	3.0	1.5	1920	$2,500	$1.30	19d	1	0.87mi
6405 Loch Crest Rd Idlewylde, MD	3.0	2.5	1440	$2,257	$1.57	44d	1	0.90mi
8505 Pleasant Plains Rd Towson, MD	3.0	2.0	1580	$2,500	$1.58	19d	1	0.96mi
2518 Moore Ave Parkville, MD	4.0	1.5	1896	$2,700	$1.42	44d	1	1.03mi
1583 Doxbury Rd Towson, MD	4.0	2.0	1920	$3,000	$1.56	6d	1	1.05mi
2518 Linwood Rd Parkville, MD	3.0	1.5	1946	$2,200	$1.13	17d	1	1.07mi
8525 Chestnut Oak Rd Parkville, MD	4.0	2.0	1178	$1,995	$1.69	44d	1	1.08mi
1444 Meridene Dr Baltimore, MD	3.0	1.5	1520	$1,950	$1.28	44d	1	1.08mi
8616 Pleasant Plains Rd Towson, MD	3.0	2.0	1580	$2,490	$1.58	15d	1	1.11mi
8451 Water Oak Rd Parkville, MD	3.0	2.0	1054	$1,950	$1.85	44d	1	1.11mi
1726 Redwood Ave Parkville, MD	4.0	2.0	1435	$2,250	$1.57	19d	1	1.12mi
7839 Birmingham Ave Parkville, MD	3.0	1.0	1136	$1,775	$1.56	44d	1	1.12mi
1644 Yakona Rd Towson, MD	3.0	2.0	1600	$2,500	$1.56	19d	1	1.14mi
6612 Birchwood Ave Baltimore, MD	3.0	2.0	1122	$2,300	$2.05	21d	1	1.16mi
1714 Pin Oak Rd Parkville, MD	3.0	1.0	1534	$2,800	$1.83	6d	1	1.18mi
8533 Oak Rd Parkville, MD	3.0	2.0	1480	$2,100	$1.42	44d	1	1.20mi
8623 Willow Oak Rd Parkville, MD	3.0	2.0	1395	$2,700	$1.94	44d	1	1.25mi
2106 Cloville Ave Baltimore, MD	3.0	1.5	1080	$1,700	$1.57	44d	1	1.27mi
1726 Yakona Rd Unit A Parkville, MD	3.0	1.0	1865	$1,400	$0.75	44d	1	1.28mi
8617 Oak Rd Parkville, MD	3.0	1.5	1208	$2,100	$1.74	6d	1	1.30mi
8650 Rock Oak Rd Parkville, MD	4.0	2.0	1800	$3,108	$1.73	44d	1	1.32mi
1646 Wadsworth Way Baltimore, MD	3.0	1.0	1520	$2,100	$1.38	12d	1	1.33mi
8503 Kings Ridge Rd Parkville, MD	4.0	2.0	1200	$2,100	$1.75	6d	1	1.37mi
1112 Ivywood Ln Towson, MD	1.0–3.0	1.0–2.0	1191	$2,775	$2.33	3d	31	1.39mi
1508 Gleneagle Rd Baltimore, MD	3.0	2.0	1824	$2,180	$1.20	5d	1	1.43mi

Listing history 9 events

1. 2026-04-22
   status Pending
2. 2026-04-22
   historical
3. 2026-04-17
   listed $235,000 Active
4. 2026-03-14
   historical $235,000
5. 2005-05-13
   soldstatus $140,000
6. 2005-03-09
   historical
7. 2004-12-14
   listed
8. 1994-08-12
   soldstatus $82,900
9. 1986-01-27
   soldstatus $55,800

ⓘ 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: $2,434 · $203/mo
• Projected year-2 tax: $2,498 · $208/mo
• Expected delta: +$64/yr (+$5/mo · 2.6%)

ⓘ 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 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,319
• − Mortgage interest: −$13,164
• − Property taxes: −$2,434
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,265
• − Management: −$2,265
• − Depreciation: −$6,836
• Taxable income: $179
• Est. tax owed @ 24.0%: −$43
• After-tax cash flow: $3,932/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 — Parkville

• Score: 77/100
• State rank: #77
• US rank: #2839

Category grades

Amenities A- Commute A+ Cost of living B Crime F Employment B+ Housing A+ Health & safety A+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, MD
• County: Baltimore County · 769,527 people
• City population: 66,334
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 66,334
• Household income: $83,517
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 2719.0

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 0.58)
• Race & ethnicity: White 58% Black 28% Asian 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Romanian 5% Lithuanian 1% Italian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 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: ▼ -247.04%
• Current HPI: 254.3824
• Rent YoY: ▲ 6.68%
• 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

+321.1% since first listed

9 events — show timeline

• 2026-04-22 Pending — BRIGHT MLS
• 2026-04-22 Listing Removed — BRIGHT MLS
• 2026-04-17 Listed $235,000 BRIGHT MLS
• 2026-03-14 Coming Soon $235,000 BRIGHT MLS
• 2005-05-13 Sold (Public Records) $140,000 Public Records
• 2005-03-09 Delisted — MRIS
• 2004-12-14 Listed — MRIS
• 1994-08-12 Sold (Public Records) $82,900 Public Records
• 1986-01-27 Sold (Public Records) $55,800 Public Records

Property tax history

+6.1%/yr

Latest (2025): $2,434 · +3.3% YoY. Source: county tax records.