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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Elkridge, MD
Listed for sale 4 days ago
$ 235,000
ROI
23.4
Cash Flow/m
235- 2 Bed
- 1 Bath
- 821 sft
6450 Green Field Rd #3-310, Elkridge, MD, 21075
$ 334,000
ROI
27.5Cash Flow/m
721- 2 Bed
- 2 Bath
- 1335 sft
5925 Abrianna Way Unit C, Elkridge, MD, 21075
$ 280,000
ROI
26.5Cash Flow/m
526- 2 Bed
- 2 Bath
- 1048 sft
6205 Sandpiper Ct Unit 202, Elkridge, MD, 21075
$ 249,999
ROI
24.1Cash Flow/m
300- 2 Bed
- 2 Bath
- 863 sft
6470 Green Field Rd #1-105, Elkridge, MD, 21075
Why Invest in Elkridge, Maryland?
Investing in condos in Elkridge, MD offers a strategic opportunity in a growing suburban market close to Baltimore and Washington, D.C. This area features an average ROI of 7.5%, supported by a solid rental yield of 5.3% and a cap rate around 6.2%. Condo investments typically yield an average monthly cash flow near $450, with rents averaging $1,350 per unit. Appreciation rates hover around 3.8% annually, attracting renter occupancy rates of about 55%, making it an appealing choice for steady income seekers.
7.5%
Avg. ROI
5.3%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Elkridge is approximately 5.3%, reflecting a healthy income potential for investors.
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