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

Elsmere, DE has a median modeled monthly cash flow of $-147 and a median cap rate of 5.6%, on a median sold price of $255,950. Prices changed -1.2% year over year.

What is the average cap rate in Elsmere, DE?

The median cap rate across recently sold homes in Elsmere, DE is 5.6%, 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 $255,950 (about $208 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.

$255,950Median sold price

$208Median $/sqft

5.6%Median cap rate

$-147Modeled cash flow / mo

-1.2%Appreciation YoY

7.0Months of supply

43Active listings

74Sold (last 12 mo)

What the Elsmere numbers say

In Elsmere, DE, the median home sold for $255,950 (about $208 per square foot), and the typical deal models out to a 5.6% cap rate with a median $-147 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 7.0 months of supply. 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.