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

Monrovia, MD has a median modeled monthly cash flow of $-3,620 and a median cap rate of 1.1%, on a median sold price of $800,000. Prices changed +5.2% year over year.

What is the average cap rate in Monrovia, MD?

The median cap rate across recently sold homes in Monrovia, MD is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monrovia, MD?

The median sold price in Monrovia, MD is $800,000 (about $232 per square foot).

Investing in Monrovia, MD Real Estate

A data-driven snapshot of the Monrovia, 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.

$800,000Median sold price

$232Median $/sqft

1.1%Median cap rate

$-3,620Modeled cash flow / mo

+5.2%Appreciation YoY

9.2Months of supply

23Active listings

30Sold (last 12 mo)

What the Monrovia numbers say

In Monrovia, MD, the median home sold for $800,000 (about $232 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-3,620 of monthly cash flow. Sold prices moved +5.2% over the past year. Inventory sits at about 9.2 months of supply — a looser, buyer-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 Monrovia cash-flowing listings

CashFlowRE ranks every for-sale home in Monrovia, 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 Monrovia deals, or browse the national market data.