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

Currently Rented
Listed for sale 4 days ago
$ 139,000
ROI
26.9
Cash Flow/m
278- 3 Bed
- 2 Bath
- 980 sft
33440 Daisy St #G-38, Lewes, DE, 19958

Currently Rented
Listed for sale 7 days ago
$ 119,900
ROI
27.0
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1120 sft
31597 Oak Ct #H103, Lewes, DE, 19958

$ 130,000
ROI
26.9
Cash Flow/m
260- 2 Bed
- 2 Bath
- 924 sft
17312 Pine Water Dr, Lewes, DE, 19958

$ 210,000
ROI
23.3
Cash Flow/m
206- 3 Bed
- 2 Bath
- 1280 sft
34954 Holly Dr #E-14, Lewes, DE, 19958
Why Invest in Lewes, Delaware?
Discover investment opportunities in Lewes, DE under $300k, where affordable condos and homes offer strong potential for rental income near beaches and state parks. Lewes benefits from steady tourism and retiree influx, supporting consistent demand. With average rents around $1,800 and cap rates near 7%, these properties deliver solid cash flow. Annual appreciation of 4-5% reflects coastal desirability. Low-maintenance options like 2-bed condos appeal to seasonal renters.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Primarily 2-3 bed condos and mobile homes in communities like Fairway Village. Sizes range 900-1,600 sqft with prices from $50k-$290k. These suit investors targeting seasonal rentals near beaches.
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