Under $500K Investment Properties for Sale in Millsboro, DE

Property at Exeter w/ basement Plan, Somerton Chase, Millsboro, DE
Listed for sale 1 day ago
$ 416,990
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign402
  • 3 Bed
  • 2 Bath
  • 1572 sft
Exeter w/ basement Plan, Somerton Chase, Millsboro, DE, 19966
Property at Tupelo Plan, Patriots Glen, Millsboro, DE
Listed for sale 2 days ago
$ 391,490
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign550
  • 3 Bed
  • 2 Bath
  • 1559 sft
Tupelo Plan, Patriots Glen, Millsboro, DE, 19966
Property at 27054 Trinity Rd, Millsboro, DE
Listed for sale 3 days ago
$ 269,000
ROI
33.4ROI percentage
Cash Flow/m
Dollar sign1022
  • 3 Bed
  • 2 Bath
  • 792 sft
27054 Trinity Rd, Millsboro, DE, 19966
Property at 32581 Long Spoon Way Unit 3281, Millsboro, DE
Listed for sale 3 days ago
$ 353,000
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign773
  • 3 Bed
  • 3 Bath
  • 1890 sft
32581 Long Spoon Way Unit 3281, Millsboro, DE, 19966

Why Invest in Millsboro, Delaware?

Discover investment opportunities in Millsboro, DE under $500K, where affordable entry points meet steady rental demand. Properties in this price range offer solid **cap rates** around 7-8% and average rents of $1,800/month. The area's growing retiree population drives **renter occupancy** above 45%, with annual **appreciation** of 4-5%. Proximity to beaches supports consistent cash flow, averaging $12K/year per property. Low entry costs make Millsboro ideal for cash-flow focused investors seeking long-term holds.

9.2%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$12000/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation

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