Condo Investment Properties in Millsboro, 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 Millsboro, DE

Property at 5306 Caitlins Way, Millsboro, DE
$ 275,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign496
  • 3 Bed
  • 2 Bath
  • 1488 sft
5306 Caitlins Way, Millsboro, DE, 19966
Property at 5202 Caitlins Way, Millsboro, DE
$ 274,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign80
  • 2 Bed
  • 2 Bath
  • 729 sft
5202 Caitlins Way, Millsboro, DE, 19966
Property at 25845 Lingo Ln, Millsboro, DE
Fix & Flip
$ 200,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign283
  • 3 Bed
  • 2 Bath
  • 1080 sft
25845 Lingo Ln, Millsboro, DE, 19966
Property at 33580 Windswept Dr UNIT 4306, Millsboro, DE
$ 339,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign344
  • 2 Bed
  • 2 Bath
  • 1325 sft
33580 Windswept Dr UNIT 4306, Millsboro, DE, 19966

Why Invest in Millsboro, Delaware?

Millsboro, DE offers strong condo investment opportunities near Delaware beaches and Indian River Bay. Proximity to Salisbury metro and Route 113 drives rental demand from seasonal visitors. Expect solid **rental yields** around 6.2% with **cap rates** near 7.5%. **Appreciation** averages 4.8% annually amid Sussex County growth. **Renter occupancy** remains high at 42%, supported by tourism and retiree influx. Access to Atlantic Ocean enhances cash flow potential for condos.

8.2%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$1450/mo
Avg. Cash Flow
$1620/mo
Avg. Rent
4.8%
1Y Appreciation

Frequently Asked Questions

Yes, condos average $1,620 monthly rent with 6.2% yields due to beach proximity. Seasonal tourism sustains 42% renter occupancy year-round. Cap rates around 7.5% attract investors per regional housing data.

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