Real Estate Investing in Mount Savage, Maryland (21545)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21545 (Mount Savage, MD)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.5% of homes vacant — above national norms.
- Higher unemployment: 8.1% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mount Savage, MD (21545)?
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Market Analysis: 21545 Mount Savage
Not every below-median market is a bargain. Mount Savage's 21545 ZIP reflects signals that favor experienced operators who can absorb the risk $133K pricing implies.
The investment case in 21545 is robust only for operators who understand what they are buying. A $133K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within MD, ZIP 21545 trails on several market indicators that neighboring Allegany County submarkets outperform. The gap is real and robust enough to shape underwriting.
A robust renter share of 21% in 21545 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 21545 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mount Savage:
Market Trends
Home Value History (with trend line)
📊 How Does 21545 Compare?
| Metric | 21545 | Mount Savage | Cumberland, MD-WV | Maryland |
|---|---|---|---|---|
| Home Value | $133,283 | $133,283 | N/A | $424,997 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 4.9% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21545 (Mount Savage, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $133,283 |
| Monthly Rent | $873 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 21545
Population: 1,716
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 21545
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 594 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are vacancy rates like in Mount Savage, MD?
Mount Savage, MD sees elevated vacancy, which is reasonable relative to the broader MD rental market.
Are homes affordable in Mount Savage, MD?
Mount Savage, MD median home values land near $133K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
What do landlords charge for rent in Mount Savage, MD?
Rent in Mount Savage, MD is around $873/mo. The resulting rent-to-value relationship with $133K pricing is reasonable for most investor models.
What is the typical renter like in Mount Savage, MD?
Tenant quality in Mount Savage, MD ranks as solid. Landlords generally report reliable occupancy at market rents of $873/mo.
How does Mount Savage, MD rate as a rental market?
Mount Savage, MD rates 3.0/5 for investability. With median values at $133K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
You know 21545 now. You don’t know where it ranks.
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How 21545 ranks in Cumberland, MD-WV
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