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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
26.7
Cash Flow/m
232- 2 Bed
- 1 Bath
- 500 sft
39043 Spicer Ln #6997, Fenwick Island, DE, 19944

$ 145,000
ROI
26.0
Cash Flow/m
250- 2 Bed
- 1 Bath
- 624 sft
39934 W Oliver Cir, Fenwick Island, DE, 19944

$ 149,990
ROI
30.5
Cash 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 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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