Top 10 Maryland Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Maryland rental listings from Zillow ranked by cash-on-cash return. Nanticoke, Baltimore, Beltsville, and auction/foreclosure screens with Realy metrics and investor notes.
These ten listings were pulled from Maryland Zillow markets (21840, 21901, 20705, 21230, 21218, 21136, 21740, 20783, 21214, 21221) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
All ten listings show positive CoC under lean assumptions. Sub-$150K SFRs, auctions, and one bank-owned foreclosure lead. Several Baltimore-area rows cluster at $175K. Headline yields compress once you add insurance, vacancy, and HOA.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 2695 Elsey Rd | $75,000 | 4 / 2 | 107.2% | 28.6% | $1,407 | $1,911 |
| 2 | 40 Oak Forest Ln | $150,000 | 4 / 2 | 56.3% | 17.9% | $1,479 | $2,487 |
| 3 | 4912 Lincoln Ave | $279,000 | 5 / 3 | 48.9% | 16.3% | $2,388 | $4,264 |
| 4 | 1800 Wilmington Ave | $125,000 | 3 / 3 | 48.7% | 16.3% | $1,065 | $1,905 |
| 5 | 1 E University Pkwy Unit 602 | $155,000 | 2 / 2 | 47.7% | 16.1% | $1,295 | $2,337 |
| 6 | 607 Church Rd | $250,000 | 4 / 3 | 45.6% | 15.6% | $1,995 | $3,676 |
| 7 | 16218 McGregor Dr | $128,000 | 3 / 2 | 44.4% | 15.4% | $994 | $1,855 |
| 8 | 2302 Muskogee St | $350,000 | 6 / 5 | 35.9% | 13.6% | $2,196 | $4,549 |
| 9 | 3200 Batavia Ave | $175,000 | 4 / 2 | 35.3% | 13.5% | $1,080 | $2,257 |
| 10 | 327 Nicholson Rd | $175,000 | 3 / 2 | 34.8% | 13.4% | $1,066 | $2,243 |
#1: 2695 Elsey Rd, Nanticoke MD 21840
Single family · 4 bed / 2 bath · 1,974 sqft · $75,000
| Metric | Value |
|---|---|
| Cash-on-cash | 107.2% |
| Cap rate | 28.6% |
| Monthly cash flow | $1,407 |
| Total cash down | $15,750 |
Why it ranks #1: $75K Eastern Shore SFR with $1,911/mo rent. $38/sqft basis with strong rent-to-price.
Investor notes: 18 days on market. Tax assessed $52,400. Rural Wicomico County. Confirm condition on a 1,974 sqft four-bed before treating CoC as turnkey.
#2: 40 Oak Forest Ln, North East MD 21901
Single family · 4 bed / 2 bath · 1,824 sqft · $150,000
| Metric | Value |
|---|---|
| Cash-on-cash | 56.3% |
| Cap rate | 17.9% |
| Monthly cash flow | $1,479 |
| Total cash down | $31,500 |
Investor notes: Listed as auction. Cecil County. Zestimate ~$286K vs. $150K list. 13 days on market. Verify auction terms and property condition.
#3: 4912 Lincoln Ave, Beltsville MD 20705
Single family · 5 bed / 3 bath · 2,512 sqft · $279,000
| Metric | Value |
|---|---|
| Cash-on-cash | 48.9% |
| Cap rate | 16.3% |
| Monthly cash flow | $2,388 |
| Total cash down | $58,590 |
Why it ranks #3: Largest rent on this screen at $4,264/mo on a bank-owned five-bed.
Investor notes: Bank-owned foreclosure. Zestimate ~$537K vs. $279K list. Tax assessed $551K. 4 days on market. Budget rehab and title diligence.
#4: 1800 Wilmington Ave, Baltimore MD 21230
Single family · 3 bed / 3 bath · 1,390 sqft · $125,000
| Metric | Value |
|---|---|
| Cash-on-cash | 48.7% |
| Cap rate | 16.3% |
| Monthly cash flow | $1,065 |
| Total cash down | $26,250 |
Investor notes: Southwest Baltimore / 21230. Zestimate ~$152K vs. $125K list. 4 days on market. Tax assessed $114,533.
#5: 1 E University Pkwy Unit 602, Baltimore MD 21218
Condo · 2 bed / 2 bath · 1,150 sqft · $155,000
| Metric | Value |
|---|---|
| Cash-on-cash | 47.7% |
| Cap rate | 16.1% |
| Monthly cash flow | $1,295 |
| Total cash down | $32,550 |
Investor notes: Charles Village / 21218 condo. 11 days on market. HOA modeled at $0 — get real dues before underwriting.
#6: 607 Church Rd, Reisterstown MD 21136
Single family · 4 bed / 3 bath · 2,004 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 45.6% |
| Cap rate | 15.6% |
| Monthly cash flow | $1,995 |
| Total cash down | $52,500 |
Investor notes: Listed as auction. Zestimate ~$432K vs. $250K list. 4 days on market. Split-level in Baltimore County. Confirm auction closing risk.
#7: 16218 McGregor Dr, Hagerstown MD 21740
Single family · 3 bed / 2 bath · 1,056 sqft · $128,000
| Metric | Value |
|---|---|
| Cash-on-cash | 44.4% |
| Cap rate | 15.4% |
| Monthly cash flow | $994 |
| Total cash down | $26,880 |
Investor notes: $12,000 price cut (Jul 20). 116 days on market. Western Maryland. Zestimate ~$128K. Motivated seller signal — verify why it sat.
#8: 2302 Muskogee St, Hyattsville MD 20783
Single family · 6 bed / 5 bath · 3,138 sqft · $350,000
| Metric | Value |
|---|---|
| Cash-on-cash | 35.9% |
| Cap rate | 13.6% |
| Monthly cash flow | $2,196 |
| Total cash down | $73,500 |
Investor notes: Listed as auction. Six-bed / five-bath. Zestimate ~$608K vs. $350K list. 6 days on market. Confirm whether income is multi-unit or a single oversized SFR.
#9: 3200 Batavia Ave, Baltimore MD 21214
Single family · 4 bed / 2 bath · 1,926 sqft · $175,000
| Metric | Value |
|---|---|
| Cash-on-cash | 35.3% |
| Cap rate | 13.5% |
| Monthly cash flow | $1,080 |
| Total cash down | $36,750 |
Investor notes: Coming soon, on market Sep 5. Northeast Baltimore / 21214. 4 days on market. Zestimate ~$173K. Open house scheduled.
#10: 327 Nicholson Rd, Baltimore MD 21221
Single family · 3 bed / 2 bath · 1,222 sqft · $175,000
| Metric | Value |
|---|---|
| Cash-on-cash | 34.8% |
| Cap rate | 13.4% |
| Monthly cash flow | $1,066 |
| Total cash down | $36,750 |
Investor notes: Essex / 21221. Zestimate ~$244K vs. $175K list. 3 days on market. Tax assessed $175,133. Strong automated value gap.
Maryland Patterns
| Pattern | Takeaway |
|---|---|
| Sub-$150K leads | #1–#2 and #4–#7 dominate CoC on lean assumptions |
| Auction / foreclosure mix | #2, #3, #6, #8 need extra title and condition diligence |
| Baltimore cluster | Four of ten listings in Baltimore metro at $125K–$175K |
| vs. Baltimore city | Compare Baltimore top 10 for sub-$65K distress screens |
Screen Maryland in Realy
- Install Realy
- Search Maryland
- Sort by cash-on-cash in the analyzer
Related: First rental checklist · Baltimore top 10
Found this useful?
Share it with an investor friend or teammate.