Is Callaway, MD a good place to invest in rental property?

Callaway, MD has a median modeled monthly cash flow of $-1,988 and a median cap rate of 2.0%, on a median sold price of $475,203. Prices changed +5.8% year over year.

What is the average cap rate in Callaway, MD?

The median cap rate across recently sold homes in Callaway, MD is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Callaway, MD?

The median sold price in Callaway, MD is $475,203 (about $201 per square foot).

Investing in Callaway, MD Real Estate

A data-driven snapshot of the Callaway, MD rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$475,203Median sold price

$201Median $/sqft

2.0%Median cap rate

$-1,988Modeled cash flow / mo

+5.8%Appreciation YoY

3.2Months of supply

24Active listings

89Sold (last 12 mo)

What the Callaway numbers say

In Callaway, MD, the median home sold for $475,203 (about $201 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,988 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 3.2 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Maryland markets to compare

See Callaway cash-flowing listings

CashFlowRE ranks every for-sale home in Callaway, MD by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Callaway deals, or browse the national market data.