Under $200K Investment Properties for Sale in Hagerstown, MD
Listed for sale 3 days ago
$ 179,000
ROI
24.6
Cash Flow/m
244- 3 Bed
- 1 Bath
- 1428 sft
644 N Prospect St, Hagerstown, MD, 21740
Listed for sale 3 days ago
$ 179,000
ROI
26.2Cash Flow/m
319- 3 Bed
- 1 Bath
- 1428 sft
646 N Prospect St, Hagerstown, MD, 21740
Motivated Seller
Listed for sale 6 days ago
$ 125,000
ROI
25.1Cash Flow/m
186- 3 Bed
- 2 Bath
- 1967 sft
15602 National Pike, Hagerstown, MD, 21740
Listed for sale 6 days ago
$ 185,000
ROI
25.1Cash Flow/m
273- 2 Bed
- 2 Bath
- 960 sft
230 N Potomac St, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Discover investment properties under $200k in Hagerstown, MD, offering strong entry points for cash-flowing rentals. The metro area shows 4.6% rent growth and 7.4% multifamily cap rates, per NAR data. With GDP growth at 3.4% and emerging market status, these affordable homes deliver solid rental yields around 8-10%. Low vacancy at 5.6% supports steady income, ideal for value-add strategies in this up-and-coming location.
9.5%
Avg. ROI
9.2%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Yes, neighborhoods like Arts and Entertainment District offer listings around $139k median, ideal for rentals. These provide high yields due to 4.6% rent growth and low 5.6% vacancy. Focus on single-family homes for cash flow.
Find Your Perfect Investment Property in Hagerstown, Maryland
Explore investment opportunities by strategy, performance, or property type
