Real Estate Investing in Cascade, Maryland (21719)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21719 (Cascade, MD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cascade, MD (21719)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 21719 Cascade
This part of Washington County is not an easy win. The 21719 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,188/mo on a $293K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 21719 sits below the stated 0.0% once reality is priced in.
In the broader MD picture, 21719 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Stepping back, 1,162 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Cascade's stable or hybrid ZIPs before stepping into 21719. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cascade:
Market Trends
Home Value History (with trend line)
📊 How Does 21719 Compare?
| Metric | 21719 | Cascade | Maryland |
|---|---|---|---|
| Home Value | $293,105 | $293,105 | $424,997 |
| 5-Year CAGR | 5.4% | 5.4% | 4.9% |
| Avg Rent | $1,188 | $1,188 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21719 (Cascade, MD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 21719 (Cascade, MD)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $293,105 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.2%). 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 21719
Population: 1,162
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 21719
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Sabillasville Environmental School
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 1,384 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Cascade, MD?
Typical homes in Cascade, MD go for around $293K. The 5-year CAGR of 0.0% consistent price movement.
What kind of tenants rent in Cascade, MD?
Cascade, MD offers a even-keeled renter base at the $1,188/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strong is Cascade, MD for real estate investors?
Cascade, MD scores 3.0/5 for investability. Home values sit at $293K and rents near $1,188/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What are rental rates like in Cascade, MD?
Rental rates in Cascade, MD average $1,188/mo. Tenant demand and $293K home values make the yield look reasonable by investor standards.
Does Cascade, MD favor landlords or tenants?
Rental owners in Cascade, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 21719 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21719 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 21719 ranks in Hagerstown-Martinsburg, MD-WV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 21719 (Cascade)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 21719 (Cascade, MD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.