Multi-Family Investment Properties in Selbyville, DE | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Selbyville, DE

Why Invest in Selbyville, Delaware?

Selbyville, Delaware offers compelling multi-family investment opportunities in a growing coastal gateway market. Located in Sussex County just 8 miles from Fenwick Island beaches and 16.8 miles from Ocean City, Maryland, the town attracts both permanent residents and seasonal visitors seeking affordable housing near major recreational destinations. The market benefits from steady population growth, with the town expanding from 2,167 residents in 2010 to approximately 3,285 by 2024—a 51.6% increase over 14 years. Multi-family properties capitalize on strong rental demand from both long-term residents and seasonal renters seeking proximity to the Eastern Shore's tourism corridor. The town's role as a service hub for beach communities and its position within the Salisbury, Maryland-Delaware Metropolitan Statistical Area create sustained demand for rental housing. Investors benefit from lower acquisition costs compared to coastal markets while maintaining access to the region's economic drivers, including tourism, agriculture, and regional employment centers.

7.2%
Avg. ROI
5.8%
Rental Yield
6.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

Selbyville combines strong population growth (51.6% since 2010), affordable acquisition costs compared to direct beachfront markets, and consistent rental demand from both permanent residents and seasonal visitors. The town's gateway location to major tourism destinations (Fenwick Island, Ocean City) and role as a service hub for Sussex County create sustained demand for rental housing.

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