Under $500K Investment Properties for Sale in Great Mills, MD
Listed for sale 7 days ago
$ 499,999
ROI
22.1
Cash Flow/m
322- 4 Bed
- 4 Bath
- 3734 sft
22313 Purple Martin Ct, Great Mills, MD, 20634
$ 420,000
ROI
28.2Cash Flow/m
985- 3 Bed
- 3 Bath
- 3600 sft
22638 Athlone Dr, Great Mills, MD, 20634
$ 455,000
ROI
22.3Cash Flow/m
321- 4 Bed
- 3 Bath
- 2414 sft
20893 Dry Mill St, Great Mills, MD, 20634
$ 360,000
ROI
21.6Cash Flow/m
181- 3 Bed
- 2 Bath
- 1520 sft
45950 Bates Rd, Great Mills, MD, 20634
Why Invest in Great Mills, Maryland?
Investing in Great Mills, MD properties under $500k offers a solid entry point into a growing market. This area boasts an average ROI of 6.2% and rental yields around 8%, supported by steady appreciation rates near 3% annually. The local rental market remains robust with an average cash flow of $350 monthly and average rents of approximately $1,200. A renter occupancy rate of 55% indicates healthy demand for rental housing in this community.
6.2%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $500k in Great Mills, MD is approximately $1,200 per month, reflecting healthy demand in the rental market.
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