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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Hagerstown, MD
Rental Income
Listed for sale 3 days ago
$ 185,000
ROI
23.8
Cash Flow/m
210- 2 Bed
- 1 Bath
- 1311 sft
43 S Prospect St APT 7, Hagerstown, MD, 21740
$ 209,900
ROI
23.3Cash Flow/m
208- 2 Bed
- 2 Bath
- 1045 sft
2007 Starlight Ln Unit 1A, Hagerstown, MD, 21740
$ 159,900
ROI
24.4Cash Flow/m
206- 2 Bed
- 1 Bath
- - sft
1010 Brinker 201 Dr, Hagerstown, MD, 21740
$ 229,900
ROI
22.5Cash Flow/m
177- 3 Bed
- 2 Bath
- 1220 sft
2007 Starlight Ln Unit 1B, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Hagerstown, MD offers strong opportunities for condo investors seeking steady cash flow and appreciation. With a multifamily cap rate of 7.4%, condos here deliver solid returns in a market with 4.6% rental growth. Average rents around $1,350 support reliable income while home values rise 2% annually. Low vacancy at 5.6% ensures high occupancy for condo rentals. Positioned near major highways, Hagerstown attracts commuters boosting demand.
8.5%
Avg. ROI
5.2%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Hagerstown condos offer 7.4% cap rates and 4.6% rental growth per recent data. Proximity to major employment centers ensures steady demand. Low vacancy at 5.6% supports reliable cash flow.
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