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

Pasadena, MD has a median modeled monthly cash flow of $-830 and a median cap rate of 4.1%, on a median sold price of $457,628. Prices changed -0.9% year over year.

What is the average cap rate in Pasadena, MD?

The median cap rate across recently sold homes in Pasadena, MD is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pasadena, MD?

The median sold price in Pasadena, MD is $457,628 (about $228 per square foot).

Investing in Pasadena, MD Real Estate

A data-driven snapshot of the Pasadena, 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.

$457,628Median sold price

$228Median $/sqft

4.1%Median cap rate

$-830Modeled cash flow / mo

-0.9%Appreciation YoY

5.5Months of supply

220Active listings

484Sold (last 12 mo)

What the Pasadena numbers say

In Pasadena, MD, the median home sold for $457,628 (about $228 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-830 of monthly cash flow. Sold prices moved -0.9% over the past year. Inventory sits at about 5.5 months of supply. 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 Pasadena cash-flowing listings

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