Under $300K Investment Properties for Sale in Millsboro, DE
1079- 3 Bed
- 2 Bath
- 1568 sft
308- 3 Bed
- 2 Bath
- 1248 sft
331- 3 Bed
- 2 Bath
- 1848 sft
703- 3 Bed
- 2 Bath
- 1568 sft
Why Invest in Millsboro, Delaware?
Millsboro, DE offers strong investment potential in homes under $300K, particularly in affordable single-family properties and manufactured homes. Rental demand remains steady due to the area's retiree influx and proximity to beaches. Expect solid cash flow with average rents around $1,500 monthly and cap rates near 8%. Annual appreciation hovers at 4-5%, supported by Sussex County's growth. Low entry prices make it ideal for cash-flow-focused investors seeking long-term holds.
Frequently Asked Questions
Yes, numerous single-family homes, townhomes, and manufactured homes under $300K are available, many in 55+ communities. Prices start around $130K for 2-3 bedroom properties. Inventory includes over 150 listings across platforms.
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