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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Georgetown, DE
$ 380,000
ROI
20.6
Cash Flow/m
88- 3 Bed
- 2 Bath
- 1372 sft
13 Frankenberry Dr, Georgetown, DE, 19947
$ 349,900
ROI
21.4Cash Flow/m
163- 2 Bed
- 2 Bath
- 1628 sft
2 Huckleberry Dr #59, Georgetown, DE, 19947
$ 345,900
ROI
28.7Cash Flow/m
861- 3 Bed
- 2 Bath
- 1690 sft
25 Bayberry St UNIT 13, Georgetown, DE, 19947
$ 350,000
ROI
28.2Cash Flow/m
826- 2 Bed
- 2 Bath
- 1925 sft
39 Frankenberry Dr, Georgetown, DE, 19947
Why Invest in Georgetown, Delaware?
Georgetown, DE offers strong potential for condo investors seeking steady rental income in a growing Sussex County hub. Affordable entry points combined with proximity to beaches drive demand from retirees and workers. Renter-occupied units exceed 35%, supporting reliable cash flow around $450 monthly. Annual appreciation holds at 2%, while cap rates near 6.5% attract value-focused buyers. Low vacancy and state tax advantages enhance long-term ROI.
7.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Yes, with renter occupancy over 35% and average rents at $1,450, condos yield strong cash flow. Low maintenance appeals to investors. Proximity to beaches boosts demand from seasonal renters.
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