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

Condo Investment Properties for Sale in Lewes, DE

Property at 17275 King Phillip Way #1105, Lewes, DE
Listed for sale 4 days ago
$ 339,900
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign22
  • 2 Bed
  • 2 Bath
  • 1080 sft
17275 King Phillip Way #1105, Lewes, DE, 19958
Property at 12001 Old Vine Blvd Unit 302, Lewes, DE
Listed for sale 5 days ago
$ 370,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign19
  • 3 Bed
  • 2 Bath
  • 1768 sft
12001 Old Vine Blvd Unit 302, Lewes, DE, 19958
Property at 34297 Summerlyn Dr APT 502, Lewes, DE
$ 335,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign130
  • 3 Bed
  • 2 Bath
  • 1560 sft
34297 Summerlyn Dr APT 502, Lewes, DE, 19958
Property at 106 Willow Ln #62B, Lewes, DE
$ 355,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign240
  • 2 Bed
  • 2 Bath
  • 1200 sft
106 Willow Ln #62B, 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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