Condo Investment Properties for Sale in Lewes, DE

Property at 33548 Old Salt Ln #2207, Lewes, DE
$ 355,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign144
  • 2 Bed
  • 2 Bath
  • 1300 sft
33548 Old Salt Ln #2207, Lewes, DE, 19958
Property at Zinfandel Plan, Mendocino East and West at Vineyards, Lewes, DE
$ 329,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign401
  • 2 Bed
  • 2 Bath
  • 1264 sft
Zinfandel Plan, Mendocino East and West at Vineyards, Lewes, DE, 19958
Property at 33548 Old Salt Ln #207, Lewes, DE
$ 355,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign124
  • 2 Bed
  • 2 Bath
  • 1300 sft
33548 Old Salt Ln #207, Lewes, DE, 19958
Property at 24258 Zinfandel Ln Unit 309, Lewes, DE
$ 334,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign338
  • 2 Bed
  • 2 Bath
  • 1264 sft
24258 Zinfandel Ln Unit 309, 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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