33301 Bayberry Ct · Dagsboro, DE
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $476 – $884
Heat risk 8/10 · Major
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +12.6/15.0
- Appreciation +10.0/10.0
- Cash flow +5.9/30.0
- Livability +3.2/5.0
- Schools +2.9/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- 1% rule +0.4/10.0
- DSCR +0.3/10.0
$484,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
Key facts
- 8,712 sq ft lot
- 2 garage spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath single-family listed at $485k.
Deal economics
- At list price, monthly cash flow is $-945 ($-11k/yr) — negative.
- To cash-flow at today's rent, offer at most $318k (34.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $260k (46.4% below list).
- Recommended offer: $260k (46.4% below list) — sets the bar for 1% rule.
- Cap rate 4.0% vs local median 2.1% in Dagsboro — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 63/100 on livability (#55 in DE) — a middle-class / working-renter tenant base. Strengths: housing A+, crime B+, cost of living B+; Watch: amenities F, commute F, health & safety D-.
- Indian River School District (rural): math 25% / reading 41% proficiency, ranked #14 of 26 in DE (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Clayton (John M.) Elementary School (math 29% / reading 37%, grade F, #43 of 105 statewide, top 40%, 481 students, 0% FRL); Selbyville Middle School (math 20% / reading 49%, grade F, #12 of 36 statewide, top 34%, 719 students, 0% FRL); Indian River High School (math 32% / reading 52%, grade F, #10 of 40 statewide, top 26%, 1,088 students, 0% FRL) — zoned schools average 0% FRL vs 49% district-wide (49 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: 107 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 4,354 units permitted in Sussex County in 2024 (344 in 5+ unit buildings).
Forward outlook
- In year one you build about $52k of equity ($3k loan paydown + $48k appreciation (10.0% local appreciation)).
- Sussex County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 2, paydown + projected appreciation supports a ~$83k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 252 days — a 12% lower offer ($427k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $60k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $80k; list at $485k implies a 506% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 252 days. Have you received any prior offers? Is the seller open to a 46% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.54% ✗
- Cap rate
- 3.95%
- Cash-on-cash
- -8.35%
- DSCR
- 0.63
- GRM
- 15.5
CMA / ARV
- ARV (median comp)
- $546,908
- List price
- $484,900
- Delta
- -11.34%
- Verdict
- UNDERPRICED
- Comps
- 14 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 31217 Anchor Watch Loop | 0.16mi | 4/2.5 (+1) | 1,940 (-0%) | 11mo | $530,000 | $273 | 77 |
| 33318 Bayberry Ct | 0.08mi | 4/2.0 (+1) | 2,076 (+7%) | 2mo | $535,000 | $258 | 74 |
| 33303 Bayberry Ct | 0.01mi | 3/2.0 | 2,076 (+7%) | 18mo | $544,999 | $263 | 69 |
| 140 Riverview Dr | 0.37mi | 3/2.0 | 1,968 (+1%) | 20mo | $700,000 | $356 | 60 |
| 30502 Constant Sea Ct | 0.29mi | 3/2.0 | 1,666 (-14%) | 8mo | $483,800 | $290 | 52 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 18.4%
- Equity multiple
- 2.50×
- Total profit
- $203,708
- Equity at exit
- $436,836
- IRR
- 17.1%
- Equity multiple
- 5.76×
- Total profit
- $646,880
- Equity at exit
- $942,054
Cash invested: $135,772 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 70 Landlord-Friendly
- State Delaware
- 70 Landlord-Friendly · D+7
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 19939
- Home prices YoY
- 9.4%
- Active inventory
- 107
- Price-to-rent
- 15.5×
Monthly cashflow live
- Estimated rent
- $2,600 medium interval (Pro) →
- Mortgage (P&I)
- −$2,543
- Tax from tax record
- −$89 /mo · $1,072/yr
- Insurance
- −$202
- HOA
- −$165
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$546
- Net cashflow
- $-945
Break-even live
Sensitivity live
| Price | -10% $-671 | -5% $-808 | +0% $-945 | +5% $-1,083 | +10% $-1,220 |
|---|---|---|---|---|---|
| Rent | -10% $-1,151 | -5% $-1,048 | +0% $-945 | +5% $-843 | +10% $-740 |
| Rate | -1.0pp $-701 | -0.5pp $-822 | base $-945 | +0.5pp $-1,071 | +1.0pp $-1,199 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $121,225
- Closing costs
- $14,547
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 31275 Dogwood Acres Rd Dagsboro, DE | 4.0 | 2.0 | 2600 | $2,600 | $1.00 | 46d | 1 | 1.30mi |
HOA detail
- Monthly dues
- $165 · $1,980/yr
- Likely covers
- watergaspool
Listing history 25 events
-
2026-06-21days on market $484,900 Active 252 DOM
-
2026-06-18days on market $484,900 Active 249 DOM
-
2026-06-17price $484,900 Active 248 DOM
-
2026-06-17days on market $489,900 Active 248 DOM
-
2026-06-16days on market $489,900 Active 247 DOM
-
2026-06-15days on market $489,900 Active 246 DOM
-
2026-06-14days on market $489,900 Active 244 DOM
-
2026-06-13days on market $489,900 Active 243 DOM
-
2026-06-10days on market $489,900 Active 241 DOM
-
2026-06-09days on market $489,900 Active 240 DOM
-
2026-06-08days on market $489,900 Active 239 DOM
-
2026-06-07days on market $489,900 Active 238 DOM
-
2026-06-02days on market $489,900 Active 233 DOM
-
2026-06-01days on market $489,900 Active 232 DOM
-
2026-05-31days on market $489,900 Active 231 DOM
-
2026-05-30days on market $489,900 Active 230 DOM
-
2026-04-21status Active 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2026-02-17historical Active Under Contract 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-10-30price $489,900 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-09-17price $525,000 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-08-15status Active 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-08-05historical 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-08-01$545,000 Active 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
-
2025-07-25historical $545,000 1726-char remark
Show marketing remark (1726 chars)
Back on the market through no fault of the seller! Just in time for summer! Discover the charm of coastal living in the desirable Marina at Peppers Creek community, where water features enhance your lifestyle. This beautiful detached home, built in 2015, offers 1,841 sq. ft. of thoughtfully designed space, featuring 3 spacious bedrooms and 2 full bathrooms. The home's interior is freshly painted and the home in great condition. The inviting gas fireplace adds warmth to your gatherings, while the open layout encourages seamless entertaining. Embrace the community's exceptional amenities, including a refreshing outdoor pool, a well-equipped exercise room, and a welcoming clubhouse. Enjoy direct access to the Indian River Bay, perfect for boating enthusiasts, with a convenient boat ramp and pier/dock facilities at your fingertips. Slips are available for purchase, meaning your boat can just be steps from your home and ready to use at a moment's notice! Imagine weekends spent on the water, creating lasting memories with friends and neighbors. The neighborhood is not just about beautiful homes; it's a vibrant community with parks and recreational facilities that promote an active lifestyle. With an attached garage and a low-maintenance lot, this property is perfect for those seeking a blend of comfort and leisure. Enjoy your private hot tub, spacious hardscaped patio, water feature and raised garden beds. Experience the tranquility of waterfront living while being part of a friendly community that values connection and outdoor enjoyment. Don't miss your chance to call this coastal retreat home! * * * Seller's giving a $1,500 credit to compensate buyer for wood floor repairs in main bedroom * * *
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2015-06-05soldstatus $80,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast DE · Partial reset (capped growth)
- Current annual tax
- $1,072 · $89/mo
- Projected year-2 tax
- $1,942 · $162/mo
- Expected delta
- +$870/yr (+$73/mo · 81.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 8/10 Severe 7 d/yr ≥101°F today · 18 d/yr by 30 yrs out
- Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,200
- − Mortgage interest
- −$27,162
- − Property taxes
- −$1,072
- − Insurance
- −$2,424
- − Repairs & maintenance
- −$2,496
- − Management
- −$2,496
- − HOA
- −$1,980
- − Depreciation
- −$14,106
- Taxable loss
- −$20,537
- Est. tax savings @ 24.0%
- +$4,929
- After-tax cash flow
- $-6,414/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Indian River School District
- NCES district ID
- 1000680
- Math proficiency
- 25% ▼ -27.00%
- Reading proficiency
- 41% ▼ -17.00%
- Median HH income
- $53,838
- Composite
- 28.99/100
- National rank
- #6620
- State rank
- #14 of 26 in DE
Livability — Dagsboro
- Score
- 63/100
- State rank
- #55
- US rank
- #15015
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 7,833
Population outlook (Sussex County) Hauer SSP2
- Today (2025)
- 248,853 people
- By 2030
- 264,464 · +6.3%
- By 2040
- 290,980 · +16.9%
- By 2050
- 311,259 · +25.1%
- By 2075
- 352,488 · +41.6%
- By 2100
- 367,406 · +47.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (91%)
- Race & ethnicity
- White 91% Black 3% Two or more races 3% Hispanic / Latino 2%
- Common ancestry
- Romanian 5% German 3% Slovak 3%
- Foreign-born
- 2% · Canada
- Languages at home
- 98% English-only · Spanish 1%
Political lean MEDSL · Sussex
- 2024 margin
- R (+11.0) · D 43.9% · R 54.9% · Other 1.2%
- 2008→2024 swing
- -2.4pp toward R · 2008: -8.6pp · 2024: -11.0pp
- All cycles
- 2024: R+11.0 2020: R+11.2 2016: R+22.0 2012: R+13.0 2008: R+8.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 26.76%
- Current HPI
- 312.7341
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- —
- F500 in state
- 0
Price history
+512.4% since first listed9 events — show timeline
- 2026-04-21 Relisted — BRIGHT MLS
- 2026-02-17 Contingent — BRIGHT MLS
- 2025-10-30 Price Changed $489,900 BRIGHT MLS
- 2025-09-17 Price Changed $525,000 BRIGHT MLS
- 2025-08-15 Relisted — BRIGHT MLS
- 2025-08-05 Listing Removed — BRIGHT MLS
- 2025-08-01 Listed $545,000 BRIGHT MLS
- 2025-07-25 Coming Soon $545,000 BRIGHT MLS
- 2015-06-05 Sold (Public Records) $80,000 Public Records
Property tax history
+2.7%/yrLatest (2025): $1,072 · -1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…