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

Savage, MD has a median modeled monthly cash flow of $-892 and a median cap rate of 3.7%, on a median sold price of $465,000. Prices changed +0.8% year over year.

What is the average cap rate in Savage, MD?

The median cap rate across recently sold homes in Savage, MD is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Savage, MD?

The median sold price in Savage, MD is $465,000 (about $257 per square foot).

Investing in Savage, MD Real Estate

A data-driven snapshot of the Savage, 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.

$465,000Median sold price

$257Median $/sqft

3.7%Median cap rate

$-892Modeled cash flow / mo

+0.8%Appreciation YoY

4.5Months of supply

20Active listings

53Sold (last 12 mo)

What the Savage numbers say

In Savage, MD, the median home sold for $465,000 (about $257 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-892 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 4.5 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 Savage cash-flowing listings

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