Millsboro, DE Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Millsboro, DE. Based on 10+ datapoints.
Millsboro, DE Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-9%
Median Cashflow
-$501/mo
Avg Rent Estimate
$2,269/mo
Avg Price
$387,532
Price Range
$229,000 - $510,000
Rent to Price
0.59%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Millsboro, DE
Millsboro, DE is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Millsboro, DE is -$501 with average rents of $2,269/month. Properties range from $229,000 to $510,000, offering entry points across multiple investment budgets.
25900 Country Meadows Dr, Millsboro, DE 19966
Price
$450,000
Rent
$2,294
CachFlow
-$920
CoC
-11.68
26048 E Old Gate Dr, Millsboro, DE 19966
Price
$419,990
Rent
$1,821
CachFlow
-$1,226
CoC
-16.68
Millsboro, DE Rental Market Insights
- •Median cashflow is -$501/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Millsboro, DE requires selective property picks
- •Mid-to-upper tier market with properties from $229,000 to $510,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs