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

$ 400,000
ROI
20.1
Cash Flow/m
37- 3 Bed
- 3 Bath
- 1320 sft
31145 Mills Chase Dr Unit 28, Lewes, DE, 19958

$ 365,000
ROI
21.4
Cash Flow/m
166- 3 Bed
- 2 Bath
- 1509 sft
18540 Drayton Hall Rd Unit 2, Lewes, DE, 19958

Airbnb Potential
$ 250,000
ROI
31.4
Cash Flow/m
811- 1 Bed
- 1 Bath
- 328 sft
223 Abbott Park Ln, Lewes, DE, 19958

$ 315,000
ROI
23.3
Cash Flow/m
307- 2 Bed
- 2 Bath
- 1123 sft
2101 Emden Ln #104, 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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