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

Millsboro, DE has a median modeled monthly cash flow of $-1,105 and a median cap rate of 3.1%, on a median sold price of $350,000. Prices changed -0.8% year over year.

What is the average cap rate in Millsboro, DE?

The median cap rate across recently sold homes in Millsboro, DE is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millsboro, DE?

The median sold price in Millsboro, DE is $350,000 (about $179 per square foot).

Investing in Millsboro, DE Real Estate

A data-driven snapshot of the Millsboro, 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.

$350,000Median sold price

$179Median $/sqft

3.1%Median cap rate

$-1,105Modeled cash flow / mo

-0.8%Appreciation YoY

9.9Months of supply

372Active listings

450Sold (last 12 mo)

What the Millsboro numbers say

In Millsboro, DE, the median home sold for $350,000 (about $179 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,105 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 9.9 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 Millsboro cash-flowing listings

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