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

Odessa, DE has a median modeled monthly cash flow of $-1,500 and a median cap rate of 3.2%, on a median sold price of $555,000. Prices changed -1.0% year over year.

What is the average cap rate in Odessa, DE?

The median cap rate across recently sold homes in Odessa, DE is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Odessa, DE?

The median sold price in Odessa, DE is $555,000 (about $192 per square foot).

Investing in Odessa, DE Real Estate

A data-driven snapshot of the Odessa, 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.

$555,000Median sold price

$192Median $/sqft

3.2%Median cap rate

$-1,500Modeled cash flow / mo

-1.0%Appreciation YoY

11.9Months of supply

101Active listings

102Sold (last 12 mo)

What the Odessa numbers say

In Odessa, DE, the median home sold for $555,000 (about $192 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,500 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 11.9 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 Odessa cash-flowing listings

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