Investment Properties for Sale in Hagerstown, MD
Listed for sale 1 day ago
$ 344,990
ROI
30.0
Cash Flow/m
986- 4 Bed
- 3 Bath
- 1660 sft
Iris Plan, Kilpatrick Woods, Hagerstown, MD, 21740
Listed for sale 1 day ago
$ 444,990
ROI
20.5Cash Flow/m
98- 4 Bed
- 2 Bath
- 1680 sft
Daffodil Plan, Trovinger Mill Estates, Hagerstown, MD, 21742
Listed for sale 2 days ago
$ 394,990
ROI
24.5Cash Flow/m
520- 4 Bed
- 3 Bath
- 2134 sft
1105 Yeoman Barry Dr, Hagerstown, MD, 21740
Listed for sale 2 days ago
$ 412,990
ROI
23.3Cash Flow/m
408- 4 Bed
- 3 Bath
- 2134 sft
1506 Yeoman Berry Dr, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Hagerstown, MD offers solid investment opportunities with multifamily cap rates around 7.4% and steady home value appreciation of 2%. Rental growth has reached 4.6% since early 2024, supported by a 5.6% vacancy rate. The local economy shows 3.4% GDP growth, making it attractive for cash flow-focused investors. Renter-occupied housing provides reliable demand in this emerging market. Average rents align with national trends, enhanced by proximity to major employment hubs.
8.5%
Avg. ROI
6.2%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Multifamily cap rates are around 7.4% as of Q2 2024. This supports strong cash flow for investors. Trends indicate stability in the rental market.
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