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

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.