6910 Gough St · Baltimore, MD 21224

$134,000

2 bd · 1.0 ba · 784 sqft · Townhouse public records · 3 Days on market

Built 1951 Est $168k · 20% under

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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 +27.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.8/10.0
• 1% rule +8.0/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks

INVESTMENT OPPORTUNITY IN EASTWOOD! Porch front townhome that's waiting for your renovations! Features include hardwood flooring throughout, main level with a living room, dining room, and galley kitchen, upper level with 2 bedrooms and 1 full bath, a fully finished basement with a family room, 2nd kitchen, and 1/4 bath, and a fenced yard that can easily be converted to a parking pad if needed. Conveniently located close to major roadways and shopping! Sold As-Is!

Key facts

• Hardwood flooring
• Fenced yard
• Galley kitchen

Tags

• HARDWOOD FLOORING
• FENCED YARD
• FULLY FINISHED BASEMENT
• GALLEY KITCHEN

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas for heating and hot water; Electric cooling
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Brick construction; Foundation: Other; Above-grade and below-grade structures; Finished below-grade area (estimated 392); Finished above-grade area (784)
• Exterior features: No tidal water

Interior

• Kitchen: Kitchen (appliances not specified)
• Bedrooms: Two bedrooms on the upper level; Rooms include living room, dining room, kitchen, and two bedrooms
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Electric cooling
• Interior features: Fully finished basement; Estimated living area
• Laundry & utility: Hot water: Natural gas

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $134k.

Deal economics

• At list price, monthly cash flow is $407 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $134k).
• Cap rate 9.9% 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 (+1.3%/yr); 393 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $926 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.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1951 — 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 $134,000

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 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: 1.30% ✓
• Cap rate: 9.93%
• Cash-on-cash: 13.00%
• DSCR: 1.58
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $167,776
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6919 Eastbrook Ave	0.05mi	2/1.0	784 (0%)	4mo	$135,000	$172	94
6930 Gough St	0.03mi	3/1.5 (+1)	784 (0%)	7mo	$199,999	$255	86
6925 Conley St	0.08mi	2/1.0	784 (0%)	17mo	$175,000	$223	82
6820 Eastbrook Ave	0.05mi	2/1.0	784 (0%)	18mo	$170,000	$217	82
6912 Conley St	0.05mi	2/1.0	784 (0%)	23mo	$161,000	$205	78
414 Kane St	0.41mi	2/1.0	840 (+7%)	4mo	$140,000	$167	66
316 Kane St	0.39mi	2/2.0	840 (+7%)	8mo	$112,000	$133	59
315 Imla St	0.47mi	2/1.5	840 (+7%)	17mo	$188,000	$224	50
7276 Conley St	0.38mi	2/1.0	896 (+14%)	13mo	$190,000	$212	48
7306 Conley St	0.41mi	2/1.0	896 (+14%)	15mo	$185,000	$206	45
317 Gusryan St	0.57mi	2/1.0	840 (+7%)	22mo	$180,000	$214	44
7225 Gough St	0.29mi	2/2.0	896 (+14%)	21mo	$219,900	$245	42

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 · 1.31% rent growth · sell at horizon

5-year hold

• IRR: 0.9%
• Equity multiple: 1.04×
• Total profit: $1,328
• Equity at exit: $19,980

10-year hold

• IRR: 8.8%
• Equity multiple: 1.62×
• Total profit: $23,188
• Equity at exit: $11,586

Cash invested: $37,520 (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 21224

• Rents YoY: 1.3%
• Active inventory: 393
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,736 high
• Mortgage (P&I): −$703
• Tax from tax record: −$206 /mo · $2,478/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $407

Break-even live

Break-even rent $1,222

Max offer price $134,000

Occupancy floor 72%

Sensitivity live

Price	-10% $482	-5% $445	+0% $407	+5% $369	+10% $331
Rent	-10% $269	-5% $338	+0% $407	+5% $475	+10% $544
Rate	-1.0pp $474	-0.5pp $441	base $407	+0.5pp $372	+1.0pp $337

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: $33,500
• Closing costs: $4,020
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6802 Conley St Baltimore, MD	2.0	1.5	939	$1,750	$1.86	23d	1	0.10mi
7124 Gough St Baltimore, MD	2.0	1.5	1096	$1,700	$1.55	23d	1	0.13mi
6905 Bank St Baltimore, MD	2.0	1.5	784	$1,650	$2.10	45d	1	0.15mi
7261 Bridgewood Dr Baltimore, MD	3.0	2.0	896	$2,495	$2.78	25d	1	0.38mi
7319 Conley St Baltimore, MD	3.0	2.0	1080	$1,950	$1.81	19d	1	0.41mi
334 Kane St Baltimore, MD	2.0	2.0	1050	$1,675	$1.60	25d	1	0.41mi
628 47th St Apt RW2 Baltimore, MD	2.0	1.0	750	$1,200	$1.60	12d	1	0.58mi
628 47th St Apt E Baltimore, MD	1.0	1.0	650	$975	$1.50	25d	1	0.58mi
630 47th St Unit B Baltimore, MD	2.0	1.0	750	$1,200	$1.60	45d	1	0.58mi
632 47th St Baltimore, MD	1.0	1.0	650	$975	$1.50	4d	2	0.58mi
363 Gusryan St Baltimore, MD	2.0	2.0	840	$1,950	$2.32	13d	1	0.59mi
442 Folcroft St Unit A Baltimore, MD	2.0	1.5	1071	$1,600	$1.49	4d	1	0.68mi
421 Elrino St Unit B Baltimore, MD	1.0	1.0	750	$995	$1.33	25d	1	0.70mi
6201 Eastern Ave Baltimore, MD	1.0	1.0	650	$1,350	$2.08	45d	1	0.73mi
440 Elrino St Unit 2 Baltimore, MD	1.0	1.0	750	$1,050	$1.40	25d	1	0.73mi
456 Elrino St Unit B Baltimore, MD	2.0	1.0	800	$1,600	$2.00	45d	1	0.74mi
309 52nd St Unit A Baltimore, MD	2.0	1.0	722	$1,350	$1.87	25d	1	0.78mi
7911 Bank St Baltimore, MD	3.0	1.0	1080	$1,749	$1.62	45d	1	0.91mi
7517 Belmont Ave Baltimore, MD	2.0	1.0	720	$1,800	$2.50	19d	1	0.92mi
7915 Eastdale Rd Baltimore, MD	2.0	1.0	896	$1,500	$1.67	45d	1	0.93mi
7948 Eastdale Rd Baltimore, MD	3.0	1.0	1024	$1,700	$1.66	45d	1	0.99mi
7951 E Baltimore St Baltimore, MD	3.0	1.0	1024	$1,750	$1.71	3d	1	1.00mi
560 Bayview Blvd Baltimore, MD	1.0–3.0	1.0–3.0	1108	$2,515	$2.27	3d	25	1.05mi
8036 Lansdale Rd Unit 1 Baltimore, MD	3.0	1.0	1024	$1,775	$1.73	6d	1	1.05mi
944 Dalton Ave Baltimore, MD	3.0	2.0	1024	$2,100	$2.05	12d	1	1.07mi
932 Elton Ave Baltimore, MD	3.0	2.0	1024	$1,950	$1.90	19d	1	1.07mi
6722 Brentwood Ave Unit B Dundalk, MD	1.0	1.0	540	$1,500	$2.78	45d	1	1.16mi
6722 Brentwood Ave Unit 2FL Dundalk, MD	3.0	1.0	900	$1,750	$1.94	45d	1	1.16mi
1504 Elrino St Baltimore, MD	2.0	2.0	1050	$1,650	$1.57	5d	1	1.21mi
6518 Brown Ave Baltimore, MD	1.0–2.0	1.0	675	$1,300	$1.93	25d	3	1.21mi
7520 Durwood Rd Dundalk, MD	3.0	1.0	1110	$2,100	$1.89	45d	1	1.23mi
1613 Elrino St Baltimore, MD	2.0	1.0	700	$1,350	$1.93	45d	1	1.33mi
1955 Walnut Ave Dundalk, MD	3.0	1.0	950	$2,300	$2.42	45d	1	1.34mi
849 Loalan Ave Dundalk, MD	3.0	1.5	1024	$1,850	$1.81	16d	1	1.35mi

Listing history 3 events

1. 2026-05-22
   status Pending
2. 2026-05-22
   price $134,000
3. 2026-05-19
   listed $129,900 Active

ⓘ 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: $2,478 · $206/mo
• Projected year-2 tax: $2,478 · $206/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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,835
• − Mortgage interest: −$7,506
• − Property taxes: −$2,478
• − Insurance: −$670
• − Repairs & maintenance: −$1,667
• − Management: −$1,667
• − Depreciation: −$3,898
• Taxable income: $2,949
• Est. tax owed @ 24.0%: −$708
• After-tax cash flow: $4,171/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): 47,465
• Household income: $89,017
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1786.0

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 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 21% Black 16% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2% Dominican 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -332.23%
• Current HPI: 241.284
• Rent YoY: ▲ 1.31%
• 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

+3.2% since first listed

3 events — show timeline

• 2026-05-22 Pending — BRIGHT MLS
• 2026-05-22 Price Changed $134,000 BRIGHT MLS
• 2026-05-19 Listed $129,900 BRIGHT MLS

Property tax history

+0.4%/yr

Latest (2025): $2,478 · +7.9% YoY. Source: county tax records.