Wilmington, DE — Rental Investment Analysis
🟡MODERATE— average returnsCap Rate
4.4%
Below average
Monthly Cash Flow
-$565
After all expenses
Price-to-Rent
13.5
Investor-friendly
DSCR
0.69
Fails
📊 Key Metrics
- Median Home Price
- $334,493
- Average Rent (3BR)
- $2,060/mo
- Price-to-Rent Ratio
- 13.5(good)
- 1% Rule
- 0.62%(fails — need 1%+)
- Cash-on-Cash Return
- -8.6%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 5.3%(+1% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +4.1% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
0.53%
of assessed value (DE avg)
Median Income
$72,724
household (DE avg)
Rent-to-Income
34%
Moderate
Section 8 Max Rent
$2,060/mo
3BR voucher payment
🏛️ DE Investor Climate
Landlord Friendly
6/10
State Income Tax
Has state tax
Property Tax
0.53% effective
Population Trend
+4.1% (3yr)
🏘️ Best Zip Codes in Wilmington for Investors
All Zip Codes in Wilmington
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 19801 | 8.0% | +$239 | $181,168 | $1,780/mo | 1.25 |
| 19802 | 7.5% | +$193 | $201,291 | $1,890/mo | 1.18 |
| 19805 | 6.5% | +$12 | $217,285 | $1,800/mo | 1.01 |
| 19804 | 5.5% | -$214 | $278,797 | $2,030/mo | 0.86 |
| 19809 | 4.8% | -$422 | $318,144 | $2,100/mo | 0.75 |
| 19808 | 4.0% | -$731 | $367,585 | $2,130/mo | 0.63 |
| 19806 | 4.0% | -$708 | $350,843 | $2,020/mo | 0.62 |
| 19803 | 3.2% | -$1,343 | $508,401 | $2,540/mo | 0.50 |
| 19810 | 2.7% | -$1,436 | $467,367 | $2,090/mo | 0.42 |
| 19807 | 0.6% | -$5,270 | $1,087,433 | $2,510/mo | 0.09 |