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2273 Reisterstown Rd
C+ Composite 61.73
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +4.2/5.0
  • Livability +3.8/5.0
  • Condition / age +2.5/5.0
  • Schools +1.0/10.0
  • ARV discount +0.3/15.0
  • Appreciation +0.0/10.0

$89,999

2273 Reisterstown Rd · Baltimore, MD 21217
2 bd · 1.0 ba · 1,724 sqft · Townhouse public records · 155 Days on market
Built 1920 1,724 sqft lot $52/sqft · 16% above area Est $78k · 16% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront was previously a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant . Newer appliances, fresh paint, and newer windows. Hot water heaters are 5 years young. Newer fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. Sold As is

Key facts

  • Mixed use property
  • Basement access
  • Apartment upstairs

Tags

MIXED USE PROPERTYSTOREFRONTAPARTMENT UPSTAIRSHALF BATHROOMBASEMENT ACCESSBACKYARD ACCESS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath townhouse listed at $90k.

Deal economics

  • At list price, monthly cash flow is $552 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $90k).
  • Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.7% 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 (+6.6%/yr); 331 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,273 units permitted in Baltimore city in 2024 (1,104 in 5+ unit buildings).
  • At $1,617/mo this rent would consume 51% of the median local household income ($38k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 + 6.6% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 155 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y 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.

Risks & watch-outs

  • Watch-outs: property tax is 2.9% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; 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 $79,199 (12.0% below list)

Questions for the listing agent

  1. It's been on market 155 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.80%
Cap rate
13.66%
Cash-on-cash
26.30%
DSCR
2.17
GRM
4.6

CMA / ARV

ARV (median comp)
$77,537
List price
$89,999
Delta
16.07%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2400 Reisterstown Rd 0.12mi 3/2.0 (+1) 1,752 (+2%) 5mo $75,000 $43 79
2105 Whittier Ave 0.11mi 3/1.5 (+1) 1,587 (-8%) 1mo $80,000 $50 73
2117 N Smallwood St 0.31mi 3/2.5 (+1) 1,680 (-3%) 1mo $192,000 $114 70
608 Cumberland St 0.48mi 3/2.0 (+1) 1,700 (-1%) 2mo $90,000 $53 64
2521 Reisterstown Rd 0.27mi 3/2.0 (+1) 1,578 (-8%) 3mo $215,000 $136 62
2820 Auchentoroly Ter 0.15mi 3/1.0 (+1) 1,508 (-12%) 8mo $83,000 $55 60
3104 Tioga Pkwy 0.65mi 3/2.0 (+1) 1,640 (-5%) 3mo $217,000 $132 50
1601 Ruxton Ave 0.68mi 3/1.0 (+1) 1,568 (-9%) 1mo $90,000 $57 47
2500 Brookfield Ave 0.72mi 3/3.0 (+1) 1,786 (+4%) 1mo $365,000 $204 47
3226 Tioga Pkwy 0.63mi 3/2.5 (+1) 1,792 (+4%) 8mo $250,000 $140 46
1520 Appleton St 0.61mi 3/3.5 (+1) 1,920 (+11%) 4mo $215,000 $112 34
1630 Moreland Ave 0.69mi 3/1.0 (+1) 1,480 (-14%) 6mo $120,000 $81 34

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 · 6.63% rent growth · sell at horizon

5-year hold
IRR
24.5%
Equity multiple
2.06×
Total profit
$26,794
Equity at exit
$13,419
10-year hold
IRR
34.7%
Equity multiple
4.81×
Total profit
$96,041
Equity at exit
$7,781

Cash invested: $25,200 (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.

ZIP-level market 21217

Rents YoY
6.6%
Active inventory
331
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,617 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$216 /mo · $2,588/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$340
Net cashflow
$552

Break-even live

Break-even rent $918
Max offer price $89,999
Occupancy floor 61%

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
$22,500
Closing costs
$2,700
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2231 Orem Ave Baltimore, MD 3.0 1.5 1140 $1,750 $1.54 17d 1 0.05mi
2301 Whittier Ave Unit 3 Baltimore, MD 2.0 2.0 1104 $1,650 $1.49 44d 1 0.08mi
2301 Whittier Ave Unit 2 Baltimore, MD 2.0 2.0 1104 $1,400 $1.27 44d 1 0.08mi
2301 Whittier Ave Unit 1 Baltimore, MD 2.0 1.0 1104 $1,400 $1.27 44d 1 0.08mi
2614 Pennsylvania Ave Baltimore, MD 1.0–3.0 1.0–2.0 982 $876 $0.89 4d 4 0.31mi
1515 Retreat St Baltimore, MD 3.0 2.0 1098 $1,800 $1.64 24d 1 0.35mi
1507 Retreat St Unit 1 Baltimore, MD 3.0 3.0 1098 $2,500 $2.28 44d 1 0.36mi
2204 Clifton Ave Baltimore, MD 3.0 1.0 1400 $1,450 $1.04 4d 1 0.36mi
1806 N Mount St Baltimore, MD 3.0 3.0 1200 $1,700 $1.42 20d 1 0.43mi
1729 N Fulton Ave Baltimore, MD 3.0 2.0 1081 $1,795 $1.66 44d 1 0.45mi
2449 Druid Hill Ave Baltimore, MD 2.0 1.0 1100 $1,800 $1.64 44d 1 0.46mi
2409 Francis St Baltimore, MD 3.0 1.0 1298 $1,500 $1.16 44d 1 0.47mi
2433 Druid Hill Ave Baltimore, MD 2.0 2.5 1092 $1,999 $1.83 44d 1 0.48mi
2511 Madison Ave #2 Baltimore, MD 3.0 1.0 1100 $1,650 $1.50 44d 1 0.50mi
1816 N Bentalou St Baltimore, MD 3.0 2.0 1350 $1,700 $1.26 11d 1 0.53mi
1816 N Bentalou St Baltimore, MD 3.0 2.0 1350 $1,700 $1.26 24d 1 0.53mi
1616 N Fulton Ave Baltimore, MD 3.0 2.0 1620 $1,795 $1.11 4d 1 0.55mi
1121 Whitelock St Baltimore, MD 2.0 1.0 1180 $1,300 $1.10 44d 1 0.55mi
519 Sanford Pl Baltimore, MD 3.0 1.0 1300 $1,650 $1.27 16d 1 0.57mi
2910 Reisterstown Rd Baltimore, MD 1.0–3.0 1.0 950 $1,314 $1.38 15d 4 0.59mi
1205 Clendenin St Baltimore, MD 3.0 1.5 1560 $800 $0.51 24d 1 0.61mi
3104 Tioga Pkwy Baltimore, MD 3.0 2.0 1640 $2,050 $1.25 22d 1 0.62mi
1516 N Mount St Baltimore, MD 3.0 1.5 1830 $1,750 $0.96 15d 1 0.64mi
2305 Wichita Ave Unit 1 Baltimore, MD 3.0 1.0 1950 $1,300 $0.67 24d 1 0.66mi
1617-A Moreland Ave Unit 2nd Flr Baltimore, MD 2.0 1.0 1500 $1,400 $0.93 44d 1 0.66mi
2339 Eutaw Pl Ste 1 Baltimore, MD 2.0 1.0 1300 $1,275 $0.98 44d 1 0.66mi
1501 N Payson St Baltimore, MD 3.0 1.0 1400 $1,550 $1.11 44d 1 0.67mi
1433 N Fulton Ave Baltimore, MD 2.0 1.0 1200 $1,500 $1.25 44d 1 0.70mi
805 Brooks Ln #2 Baltimore, MD 2.0 1.0 2120 $1,500 $0.71 3d 1 0.74mi
2401 Brookfield Ave Baltimore, MD 2.0–3.0 1.0–2.0 1102 $1,500 $1.36 24d 3 0.77mi
2407 Brookfield Ave Unit 4 Baltimore, MD 2.0 2.0 1300 $1,550 $1.19 44d 1 0.77mi
2636 W North Ave Baltimore, MD 2.0–3.0 1.0–2.0 975 $1,300 $1.33 4d 1 0.77mi
2028 Druid Hill Ave Unit 1 Baltimore, MD 3.0 2.5 1437 $1,750 $1.22 3d 1 0.80mi
2028 Druid Hill Ave Baltimore, MD 3.0 2.5 1437 $1,799 $1.25 11d 1 0.80mi
1346 N Carey St Baltimore, MD 2.0 1.5 1100 $1,500 $1.36 44d 1 0.85mi
2317 Callow Ave Unit E Baltimore, MD 1.0 1.0 1100 $1,600 $1.45 44d 1 0.91mi
2812 Clifton Ave Baltimore, MD 3.0 1.5 1650 $1,850 $1.12 44d 1 0.93mi
815 Lennox St Baltimore, MD 3.0 3.5 1600 $2,790 $1.74 24d 1 0.97mi
1829 Eutaw Pl Unit B Baltimore, MD 2.0 2.0 1278 $2,100 $1.64 4d 1 0.99mi
1613 Riggs Ave Baltimore, MD 3.0 2.5 1800 $1,800 $1.00 24d 1 1.00mi

Listing history 27 events

  1. 2026-06-18
    days on market $89,999 Active 155 DOM
  2. 2026-06-17
    days on market $89,999 Active 154 DOM
  3. 2026-06-16
    days on market $89,999 Active 153 DOM
  4. 2026-06-15
    days on market $89,999 Active 152 DOM
  5. 2026-06-13
    days on market $89,999 Active 150 DOM
  6. 2026-06-09
    days on market $89,999 Active 146 DOM
  7. 2026-06-08
    days on market $89,999 Active 145 DOM
  8. 2026-06-07
    days on market $89,999 Active 144 DOM
  9. 2026-06-04
    days on market $89,999 Active 141 DOM
  10. 2026-06-03
    days on market $89,999 Active 140 DOM
  11. 2026-06-02
    days on market $89,999 Active 139 DOM
  12. 2026-06-01
    days on market $89,999 Active 138 DOM
  13. 2026-05-31
    days on market $89,999 Active 137 DOM
  14. 2026-01-14
    listed $89,999 Active 410-char remark
    Show marketing remark (410 chars)

    * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront was previously a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant . Newer appliances, fresh paint, and newer windows. Hot water heaters are 5 years young. Newer fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. Sold As is

  15. 2022-07-01
    soldstatus $115,000
  16. 2022-05-13
    soldstatus $115,000 Closed 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  17. 2022-03-29
    historical Active Under Contract 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  18. 2022-01-25
    price $124,900 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  19. 2021-09-13
    price $129,900 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  20. 2021-09-01
    listed $130,000 Active 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  21. 2021-08-31
    soldstatus $115,000 Closed 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  22. 2021-07-26
    historical Active Under Contract 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  23. 2021-07-14
    status Active 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  24. 2021-07-06
    historical Active Under Contract 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  25. 2021-05-26
    listed $130,000 Active 541-char remark
    Show marketing remark (541 chars)

    * IMMEDIATE CASHFLOW * * MIXED USE PROPERTY * Spacious storefront with 2br / 1ba apartment upstairs. Storefront is currently occupied by a hair salon. Unit includes a half bathroom, basement/backyard access, and ample storage towards the back. Apartment is vacant and move in ready. New appliances, fresh paint, and new windows. Hot water heaters are 3 years young. New fence in the backyard. Minutes from Baltimore Zoo, Mondawmin, and I- 83. SELLER IS OFFERING A ONE YEAR HOME WARRANTY AND $2,500 CREDIT TOWARDS BUYER'S CLOSING COSTS.

  26. 2001-11-01
    soldstatus $35,000
  27. 1993-03-10
    soldstatus $12,000

ⓘ 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
$2,588 · $216/mo
Projected year-2 tax
$2,588 · $216/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 6/10 Major FEMA zone X (unshaded) · 75% 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 6 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,403
− Mortgage interest
−$5,041
− Property taxes
−$2,588
− Insurance
−$450
− Repairs & maintenance
−$1,552
− Management
−$1,552
− Depreciation
−$2,618
Taxable income
$5,601
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,344
After-tax cash flow
$5,282/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)
30,792
Household income
$38,409
Rent vs Own
70.0% rent · 30.0% own
Severe rent burden
2921.0

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 (81%)
Race & ethnicity
Black 81% White 12% Two or more races 4% Hispanic / Latino 2% Asian 2%
Common ancestry
Romanian 1% Hispanic 1% Italian 1%
Foreign-born
5% · Canada, China, South Korea
Languages at home
94% English-only · Spanish 2% French/Haitian/Cajun 1% Chinese 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
▼ -187.20%
Current HPI
104.2102
Rent YoY
▲ 6.63%
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

Price history

+650.0% since first listed
14 events — show timeline
  • 2026-01-14 Listed $89,999 BRIGHT MLS
  • 2022-07-01 Sold (Public Records) $115,000 Public Records
  • 2022-05-13 Sold (MLS) $115,000 BRIGHT MLS
  • 2022-03-29 Contingent BRIGHT MLS
  • 2022-01-25 Price Changed $124,900 BRIGHT MLS
  • 2021-09-13 Price Changed $129,900 BRIGHT MLS
  • 2021-09-01 Listed $130,000 BRIGHT MLS
  • 2021-08-31 Sold (MLS) $115,000 BRIGHT MLS
  • 2021-07-26 Contingent BRIGHT MLS
  • 2021-07-14 Relisted BRIGHT MLS
  • 2021-07-06 Contingent BRIGHT MLS
  • 2021-05-26 Listed $130,000 BRIGHT MLS
  • 2001-11-01 Sold (Public Records) $35,000 Public Records
  • 1993-03-10 Sold (Public Records) $12,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $2,588 · +0.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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