Condo Investment Properties for Sale in Pasadena, MD
Listed for sale 4 days ago
$ 414,990
ROI
20.3
Cash Flow/m
66- 2 Bed
- 2 Bath
- 1554 sft
Sapphire Plan, Jacobsville 55+ Elevator Condos, Pasadena, MD, 21122
Currently Rented
$ 324,990
ROI
26.7Cash Flow/m
626- 2 Bed
- 2 Bath
- 1156 sft
Emerald | Featured Homesite Plan, Jacobsville 55+ Elevator Condos, Pasadena, MD, 21122
$ 384,990
ROI
22.1Cash Flow/m
253- 2 Bed
- 2 Bath
- 1333 sft
Ruby Plan, Jacobsville 55+ Elevator Condos, Pasadena, MD, 21122
$ 339,990
ROI
25.4Cash Flow/m
533- 2 Bed
- 2 Bath
- 1156 sft
8251 Roys Dr Unit J, Pasadena, MD, 21122
Why Invest in Pasadena, Maryland?
Investing in a condo in Pasadena, MD offers a unique opportunity for growth in a rich suburban environment. With an average rental yield of around 6% and a healthy rental market, these properties can provide steady cash flow. Additionally, the local economy showcases a 3% job growth and a rising median income, making it an attractive option for long-term investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Pasadena is approximately $1,500 per month. This figure has been steadily increasing due to strong rental demand.
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