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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lewes, DE

$ 340,000
ROI
23.8
Cash Flow/m
383- 2 Bed
- 2 Bath
- 1272 sft
24258 Zinfandel Ln Unit 307, Lewes, DE, 19958

$ 340,000
ROI
22.7
Cash Flow/m
281- 2 Bed
- 2 Bath
- 1272 sft
24258 Zinfandel Ln, Lewes, DE, 19958

$ 305,900
ROI
23.8
Cash Flow/m
343- 2 Bed
- 2 Bath
- 1117 sft
24226 Zinfandel Ln #102, Lewes, DE, 19958

$ 325,900
ROI
22.3
Cash Flow/m
227- 2 Bed
- 2 Bath
- 1247 sft
24226 Zinfandel Ln #308, Lewes, DE, 19958
Why Invest in Lewes, Delaware?
Lewes, DE offers strong potential for condo investors seeking stable coastal returns. With competitive appreciation and solid rental demand, condos here deliver reliable cash flow. Average rents support yields around 5%, bolstered by low vacancy and tourism influx. Cap rates hover near 6%, with recent price growth of 19% signaling market strength. Tax advantages enhance long-term ROI for hands-off ownership.
8.5%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 5% with tourism-driven demand. Low taxes and appreciation make them attractive for passive income. Stable market favors long-term holders.
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