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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Hagerstown, MD

Fix & Flip
Listed for sale 1 day ago
$ 200,000
ROI
22.1
Cash Flow/m
131- 4 Bed
- 2 Bath
- 2372 sft
21521 Leitersburg Smithsburg Rd, Hagerstown, MD, 21742

Listed for sale 1 day ago
$ 179,500
ROI
32.9
Cash Flow/m
658- 4 Bed
- 1 Bath
- 1800 sft
332 S Burhans Blvd E, Hagerstown, MD, 21740

Listed for sale 1 day ago
$ 535,000
ROI
25.8
Cash Flow/m
839- 4 Bed
- 4 Bath
- 2716 sft
19529 Portsmouth Dr, Hagerstown, MD, 21742

Listed for sale 1 day ago
$ 184,500
ROI
33.0
Cash Flow/m
678- 3 Bed
- 1 Bath
- 1114 sft
914 Salem Ave, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Hagerstown, MD offers **high rental yield** opportunities for investors seeking strong cash flow in an affordable market. With cap rates around 7.4% and average rents near $1,300, properties deliver solid returns[2][1]. Renter-occupied housing supports steady demand, bolstered by local job growth. Annual appreciation remains modest at 2-3%, ideal for yield-focused portfolios. Low vacancy rates under 6% enhance reliability for long-term holdings.
8.5%
Avg. ROI
7.8%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1288/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Rental yields in Hagerstown average 7-8%, driven by cap rates of 7.4% and rents around $1,300. This outperforms many mid-sized markets. Investors benefit from low acquisition costs enhancing cash-on-cash returns.
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