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

Elsmere, DE has a median modeled monthly cash flow of $-399 and a median cap rate of 4.7%, on a median sold price of $300,000. Prices changed -0.5% year over year.

What is the average cap rate in Elsmere, DE?

The median cap rate across recently sold homes in Elsmere, DE is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elsmere, DE?

The median sold price in Elsmere, DE is $300,000 (about $209 per square foot).

Investing in Elsmere, DE Real Estate

A data-driven snapshot of the Elsmere, 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.

$300,000Median sold price

$209Median $/sqft

4.7%Median cap rate

$-399Modeled cash flow / mo

-0.5%Appreciation YoY

3.7Months of supply

58Active listings

189Sold (last 12 mo)

What the Elsmere numbers say

In Elsmere, DE, the median home sold for $300,000 (about $209 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-399 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 3.7 months of supply — a tight, seller-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 Elsmere cash-flowing listings

CashFlowRE ranks every for-sale home in Elsmere, 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 Elsmere deals, or browse the national market data.