High Rental Yield Investment Properties for Sale in Elkridge, MD
Listed for sale 1 day ago
$ 117,900
ROI
25.7
Cash Flow/m
195- 4 Bed
- 2 Bath
- 1440 sft
6636 Washington Blvd Trlr 93, Elkridge, MD, 21075
Listed for sale 1 day ago
$ 300,000
ROI
29.4Cash Flow/m
807- 3 Bed
- 2 Bath
- 1244 sft
5869 Rowanberry Dr Unit A32, Elkridge, MD, 21075
Listed for sale 2 days ago
$ 515,000
ROI
22.0Cash Flow/m
279- 4 Bed
- 3 Bath
- 2220 sft
6414 Frothingham Ct, Elkridge, MD, 21075
Listed for sale 3 days ago
$ 429,900
ROI
23.1Cash Flow/m
399- 3 Bed
- 3 Bath
- 1580 sft
7971 Millstream Ct, Elkridge, MD, 21075
Why Invest in Elkridge, Maryland?
Investing in Elkridge, MD, with a focus on high rental yield properties, offers strong potential for steady cash flow. The area benefits from an average rental yield of 7.2%, supported by an appreciating housing market with a 3.5% annual growth rate. Investors can expect a cap rate around 6.8% and an average ROI of 8%. The average rent in Elkridge stands at $1,450, with renter-occupied units making up 60% of the housing stock. This creates a favorable environment for long-term investment returns.
8%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elkridge is approximately 7.2%, offering favorable returns for rental property investors.
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