Is Ellendale, DE a good place to invest in rental property?

Ellendale, DE has a median modeled monthly cash flow of $-1,567 and a median cap rate of 1.7%, on a median sold price of $299,995. Prices changed -12.7% year over year.

What is the average cap rate in Ellendale, DE?

The median cap rate across recently sold homes in Ellendale, DE is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ellendale, DE?

The median sold price in Ellendale, DE is $299,995 (about $202 per square foot).

Investing in Ellendale, DE Real Estate

A data-driven snapshot of the Ellendale, DE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$299,995Median sold price

$202Median $/sqft

1.7%Median cap rate

$-1,567Modeled cash flow / mo

-12.7%Appreciation YoY

12.6Months of supply

65Active listings

62Sold (last 12 mo)

What the Ellendale numbers say

In Ellendale, DE, the median home sold for $299,995 (about $202 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,567 of monthly cash flow. Sold prices moved -12.7% over the past year. Inventory sits at about 12.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Delaware markets to compare

See Ellendale cash-flowing listings

CashFlowRE ranks every for-sale home in Ellendale, DE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ellendale deals, or browse the national market data.