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33301 Bayberry Ct
D Composite 40.21
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

33301 Bayberry Ct · Dagsboro, DE 19939
3 bd · 3.0 ba · 1,941 sqft · SingleFamily public records · 252 Days on market
Built 2015 8,712 sqft lot $250/sqft · 11% below area Est $547k · 11% under $165/mo HOA · 6% of rent

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $260,000 (46.4% below list)

Questions for the listing agent

  1. 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?
  2. 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?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
18.4%
Equity multiple
2.50×
Total profit
$203,708
Equity at exit
$436,836
10-year hold
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
Court of Common Pleas hears L&T; moderate-paced. No state rent control.

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
Vacancy / Maint / Mgmt
$546
Net cashflow
$-945

Break-even live

Break-even rent $3,797
Max offer price $317,916
Occupancy floor

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-21
    days on market $484,900 Active 252 DOM
  2. 2026-06-18
    days on market $484,900 Active 249 DOM
  3. 2026-06-17
    price $484,900 Active 248 DOM
  4. 2026-06-17
    days on market $489,900 Active 248 DOM
  5. 2026-06-16
    days on market $489,900 Active 247 DOM
  6. 2026-06-15
    days on market $489,900 Active 246 DOM
  7. 2026-06-14
    days on market $489,900 Active 244 DOM
  8. 2026-06-13
    days on market $489,900 Active 243 DOM
  9. 2026-06-10
    days on market $489,900 Active 241 DOM
  10. 2026-06-09
    days on market $489,900 Active 240 DOM
  11. 2026-06-08
    days on market $489,900 Active 239 DOM
  12. 2026-06-07
    days on market $489,900 Active 238 DOM
  13. 2026-06-02
    days on market $489,900 Active 233 DOM
  14. 2026-06-01
    days on market $489,900 Active 232 DOM
  15. 2026-05-31
    days on market $489,900 Active 231 DOM
  16. 2026-05-30
    days on market $489,900 Active 230 DOM
  17. 2026-04-21
    status 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 * * *

  18. 2026-02-17
    historical 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 * * *

  19. 2025-10-30
    price $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 * * *

  20. 2025-09-17
    price $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 * * *

  21. 2025-08-15
    status 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 * * *

  22. 2025-08-05
    historical 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 * * *

  23. 2025-08-01
    listed $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 * * *

  24. 2025-07-25
    historical $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 * * *

  25. 2015-06-05
    soldstatus $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

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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
combined federal + state — saved on this device
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

Amenities F Commute F Cost of living B+ Crime B+ Employment C Housing A+ Health & safety D- User ratings A

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 listed
9 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%/yr

Latest (2025): $1,072 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…