Real Estate Investing in Chester, Maryland (21619)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21619 (Chester, MD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.1% of homes vacant — above national norms.
What’s happening in Chester, MD (21619)?
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Market Analysis: 21619 Chester
ZIP 21619 in Chester, MD carries a sturdy set of headwinds. Home values near $536K and rents of $2,267/mo sit inside a market where underwriting has to be tight.
On the rental side, the numbers look inviting — $536K purchase price, 0.0% nominal cap — the work to hit that pro forma in 21619 is substantial and deserves full respect.
The gap between 21619 and stronger Chester ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Looking more closely, 5,905 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.
Distressed ZIPs reward experience. durable returns are possible in 21619, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Chester:
Property Strategy for 21619
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $448,788 | $2,200 | 3.5% | +7.4% | $224,394 |
| 3BR | $489,855 | $2,790 | 4.1% | +6.3% | $163,285 |
| 4BR | $668,782 | $3,130 | 3.4% | +7.0% | $167,196 |
| 5BR | $975,954 | — | — | +7.4% | $195,191 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 21619 Compare?
| Metric | 21619 | Chester | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $535,618 | $535,618 | N/A | $424,997 |
| 5-Year CAGR | 4.4% | 4.4% | N/A | 4.9% |
| Avg Rent | $2,267 | $2,267 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 21619 (Chester, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $535,618 |
| Monthly Rent | $2,267 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (3.3%). 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 21619
Population: 5,905
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
🎓 Nearby Colleges & Universities
Investor Insight: With 8,530 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How high is vacancy risk in Chester, MD?
Chester, MD carries elevated vacancy risk. Expect measured absorption at market rents of $2,267/mo.
Where do home prices stand in Chester, MD?
Chester, MD median home values land near $536K. That is reasonable territory for investors looking at $2,267/mo-per-month rentals.
Is Chester, MD better for rentals, flips, or BRRRR?
For Chester, MD, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are landlord laws favorable in Chester, MD?
Rental owners in Chester, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the average monthly rent in Chester, MD?
Expect rents around $2,267/mo per month in Chester, MD. With home values at $536K, the yield math works out to reasonable levels for rental investors.
You know 21619 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21619 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 21619 ranks in Baltimore-Columbia-Towson, MD
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