Under $300K Investment Properties for Sale in Fenwick Island, DE

Property at 39040 Briny Ln, Fenwick Island, DE
Airbnb Potential
$ 125,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign280
  • 2 Bed
  • 1 Bath
  • 460 sft
39040 Briny Ln, Fenwick Island, DE, 19944
Property at 39934 W Oliver Cir, Fenwick Island, DE
$ 129,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign247
  • 2 Bed
  • 1 Bath
  • 624 sft
39934 W Oliver Cir, Fenwick Island, DE, 19944
Property at 39968 W Oliver Cir, Fenwick Island, DE
$ 119,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign245
  • 2 Bed
  • 1 Bath
  • 552 sft
39968 W Oliver Cir, Fenwick Island, DE, 19944
Property at 39041 Spicer Ln, Fenwick Island, DE
Currently Rented
$ 137,500
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign294
  • 2 Bed
  • 1 Bath
  • 720 sft
39041 Spicer Ln, Fenwick Island, DE, 19944

Why Invest in Fenwick Island, Delaware?

Investing in Fenwick Island offers unique opportunities, especially for properties priced under $300k. The area is known for its desirable coastal location, vibrant tourism, and growing real estate market stimulating rental income. With a promising average cap rate and competitive rental yields, it's an attractive option for investors looking for cash flow and appreciation potential.

8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental price in Fenwick Island is around $1,800 per month, making it an attractive market for investors.

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