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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Ocean Pines, MD
$ 295,000
ROI
19.8
Cash Flow/m
3- 2 Bed
- 2 Bath
- 1181 sft
11423 Manklin Creek Rd Unit 1, Ocean Pines, MD, 21811
$ 299,000
ROI
22.4Cash Flow/m
219- 3 Bed
- 2 Bath
- 1181 sft
11427 Manklin Creek Rd Unit 7, Ocean Pines, MD, 21811
$ 269,900
ROI
24.6Cash Flow/m
368- 3 Bed
- 2 Bath
- 1181 sft
11427 Manklin Creek Rd Unit 2, Ocean Pines, MD, 21811
$ 499,900
ROI
20.3Cash Flow/m
77- 3 Bed
- 2 Bath
- 1896 sft
3304 Points Reach #3304, Ocean Pines, MD, 21811
Why Invest in Ocean Pines, Maryland?
Investing in condo properties in Ocean Pines, MD offers stable returns driven by a strong rental market and steady appreciation. The area boasts an average ROI of 6%, a cap rate of 5.2%, and a rental yield of 6.5%, making it attractive for investors seeking consistent cash flow. Average monthly rents stand at around $1,200, supporting solid cash flow potential. Ocean Pines's renter-occupied rate of 38% highlights healthy demand in the local housing market.
6%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Ocean Pines is approximately 6.5%, reflecting steady rental income relative to property value.
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