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REI Lense

Hagerstown, MD Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Hagerstown, MD. Based on 10+ datapoints.

Hagerstown, MD Short-Term Rental / Airbnb Investment Snapshot

Based on 10+ short-term rental / airbnb datapoints

Median Cap Rate

3.7%

Avg Cash on Cash

-10.4%

Median Cashflow

-$828/mo

Avg Rent Estimate

$2,969/mo

Avg Price

$409,720

Price Range

$150,000 - $552,400

Rent to Price

0.72%

low ratio

Positive Cashflow

10%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Hagerstown, MD

Hagerstown, MD is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.7%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 10+ analyzed properties, Hagerstown, MD STR investments show a median monthly cashflow of -$828 with an average estimated nightly-rate-adjusted revenue of $2,969/month. These figures reflect real property data, not projections.

10511 Bushwillow Way, Hagerstown, MD 21740

Price

$315,000

Rent

$3,007

CachFlow

-$331

CoC

-4.72

Full Analysis

16218 McGregor Dr, Hagerstown, MD 21740

Price

$150,000

Rent

$2,879

CachFlow

$566

CoC

13.72

Full Analysis

19811 Spring Creek Rd, Hagerstown, MD 21742

Price

$431,200

Rent

$2,814

CachFlow

-$1,041

CoC

-11.51

Full Analysis

9708 Fernwood Ln, Hagerstown, MD 21740

Price

$337,200

Rent

$3,221

CachFlow

-$291

CoC

-3.93

Full Analysis

20115 Teakwood Dr, Hagerstown, MD 21742

Price

$518,300

Rent

$1,941

CachFlow

-$2,002

CoC

-18.94

Full Analysis
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Hagerstown, MD Airbnb Market Insights

  • Median cashflow is -$828/month — careful deal selection is essential here
  • 3.7% median cap rate is typical of appreciation-focused markets
  • At 10% positive cashflow rate, Hagerstown, MD requires selective property picks
  • Mid-to-upper tier market with properties from $150,000 to $552,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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