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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Fenwick Island, DE
Currently Rented
$ 137,500
ROI
27.5
Cash Flow/m
294- 2 Bed
- 1 Bath
- 720 sft
39041 Spicer Ln, Fenwick Island, DE, 19944
Fix & Flip
$ 120,000
ROI
26.7Cash Flow/m
232- 2 Bed
- 1 Bath
- 500 sft
39043 Spicer Ln #6997, Fenwick Island, DE, 19944
$ 145,000
ROI
26.0Cash Flow/m
250- 2 Bed
- 1 Bath
- 624 sft
39934 W Oliver Cir, Fenwick Island, DE, 19944
$ 149,990
ROI
30.5Cash Flow/m
450- 2 Bed
- 1 Bath
- 528 sft
39050 Mason Dixon Court Pl, Fenwick Island, DE, 19944
Why Invest in Fenwick Island, Delaware?
Investing in properties under $200k in Fenwick Island, DE presents a unique opportunity to access a vibrant coastal community. With its beautiful beaches and attractive rental prospects, the area showcases an average rental yield of 6% and a cap rate of 5%, making it an enticing choice for investors. As the region grows in popularity, appreciation rates continue to trend positively.
10%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Fenwick Island offers access to a beautiful coastal area with high rental yields and strong appreciation potential. The community is vibrant, attracting both tourists and residents.
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