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

Millsboro, DE has a median modeled monthly cash flow of $-956 and a median cap rate of 3.4%, on a median sold price of $360,000. Prices changed -0.5% year over year.

What is the average cap rate in Millsboro, DE?

The median cap rate across recently sold homes in Millsboro, DE is 3.4%, 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 $360,000 (about $193 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.

$360,000Median sold price

$193Median $/sqft

3.4%Median cap rate

$-956Modeled cash flow / mo

-0.5%Appreciation YoY

15.4Months of supply

1,067Active listings

834Sold (last 12 mo)

What the Millsboro numbers say

In Millsboro, DE, the median home sold for $360,000 (about $193 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-956 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 15.4 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.

🔨 See 14 fix-and-flip deals in Millsboro — listings where the estimated after-repair value beats list price + rehab.

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.