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

Fenwick Island, DE has a median modeled monthly cash flow of $-8,518 and a median cap rate of -1.1%, on a median sold price of $1,400,000. Prices changed +36.7% year over year.

What is the average cap rate in Fenwick Island, DE?

The median cap rate across recently sold homes in Fenwick Island, DE is -1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fenwick Island, DE?

The median sold price in Fenwick Island, DE is $1,400,000 (about $753 per square foot).

Investing in Fenwick Island, DE Real Estate

A data-driven snapshot of the Fenwick Island, 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.

$1,400,000Median sold price

$753Median $/sqft

-1.1%Median cap rate

$-8,518Modeled cash flow / mo

+36.7%Appreciation YoY

17.5Months of supply

54Active listings

37Sold (last 12 mo)

What the Fenwick Island numbers say

In Fenwick Island, DE, the median home sold for $1,400,000 (about $753 per square foot), and the typical deal models out to a -1.1% cap rate with a median $-8,518 of monthly cash flow. Sold prices moved +36.7% over the past year. Inventory sits at about 17.5 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 Fenwick Island cash-flowing listings

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