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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ellendale, DE
Listed for sale 5 days ago
$ 399,990
ROI
20.7
Cash Flow/m
105- 3 Bed
- 2 Bath
- 1857 sft
1223 Morris St, Ellendale, DE, 19941
Listed for sale 7 days ago
$ 365,990
ROI
23.7Cash Flow/m
399- 3 Bed
- 2 Bath
- 1689 sft
16012 Elma St, Ellendale, DE, 19941
Listed for sale 7 days ago
$ 350,490
ROI
24.8Cash Flow/m
489- 3 Bed
- 2 Bath
- 1453 sft
13624 Joseph Ct, Ellendale, DE, 19941
Listed for sale 7 days ago
$ 285,000
ROI
33.2Cash Flow/m
1069- 4 Bed
- 2 Bath
- 1976 sft
19416 Hummingbird Rd, Ellendale, DE, 19941
Why Invest in Ellendale, Delaware?
Investing in Ellendale, DE offers great opportunities, especially for properties under $500k. With its rising rental demand and favorable market dynamics, investors can expect a solid return on investment. The area's attractive appreciation rate and rental yields make it an appealing choice for both seasoned and new investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Ellendale, DE is approximately $1,500 per month, making it an attractive option for renters and investors alike.
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