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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 184,500
ROI
33.0
Cash Flow/m
678- 3 Bed
- 1 Bath
- 1114 sft
914 Salem Ave, Hagerstown, MD, 21740

Listed for sale 1 day ago
$ 409,900
ROI
20.7
Cash Flow/m
112- 4 Bed
- 2 Bath
- 2794 sft
8 Brightwood Dr, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Discover investment opportunities in Hagerstown, MD under $500k, where median home prices hover around $264K-$300K, well below the threshold. Properties offer solid **rental yields** of 7-8% with cap rates near 7.4% and steady appreciation. Low vacancy rates at 5.6% and rent growth of 4.6% support reliable cash flow. Affordable entry points attract renters in this growing metro area with emerging market appeal.
8.5%
Avg. ROI
7.8%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Investors can expect cap rates around 7.4% and rental yields of 7-8% on properties under $500K. Average cash flow is about $450/month with median rents at $1,400. Steady appreciation of 2% adds long-term value.
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