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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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
$ 160,000
ROI
24.6Cash Flow/m
218- 3 Bed
- 1 Bath
- 1334 sft
13819 Broadfording Church Rd, Hagerstown, MD, 21740
Currently Rented
$ 165,000
ROI
25.5Cash Flow/m
264- 3 Bed
- 2 Bath
- 1248 sft
20 S Locust St, Hagerstown, MD, 21740
$ 150,000
ROI
24.7Cash Flow/m
205- 5 Bed
- 2 Bath
- 3418 sft
11208 Robinwood Dr, Hagerstown, MD, 21742
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.
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