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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Solomons, MD
$ 349,900
ROI
22.2
Cash Flow/m
235- 2 Bed
- 2 Bath
- - sft
501 Runabout Loop #501, Solomons, MD, 20688
$ 279,900
ROI
22.7Cash Flow/m
228- 2 Bed
- 2 Bath
- 1150 sft
103 Square Rigger Way #103, Solomons, MD, 20688
Airbnb Potential
$ 379,000
ROI
22.0Cash Flow/m
237- 3 Bed
- 2 Bath
- - sft
201 Driftwood Ln #201, Solomons, MD, 20688
Airbnb Potential
$ 475,000
ROI
20.4Cash Flow/m
82- 2 Bed
- 2 Bath
- - sft
611 Oyster Bay Pl #201, Solomons, MD, 20688
Why Invest in Solomons, Maryland?
Investing in condos in Solomons, MD offers a unique opportunity to tap into a growing waterfront community favored by renters and retirees alike. The area shows an average ROI of 7.5%, driven by a robust rental yield around 6.0% and a cap rate near 5%. Average cash flows remain steady, complemented by an appreciation rate of 2.5% annually. With a renter-occupied rate of 40%, Solomons condos provide steady income and promising long-term value.
7.5%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$900/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Condos in Solomons offer strong rental yields and stable appreciation with a growing local economy and low vacancy rates. The waterfront location also attracts both residents and seasonal renters.
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