Delaware — Rental Investment Markets
All Delaware metros ranked by cap rate. Median cap rate: 3.5%, median home price: $348,318.
Median Cap Rate
3.5%
Median Home Price
$348,318
Median Rent
$2,040/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | New Castle, DE | 5.3% | -$259/mo | $290,996 | $2,075/mo | 🟡 MODERATE |
| 2 | Newark, DE | 4.6% | -$495/mo | $353,352 | $2,100/mo | 🟡 MODERATE |
| 3 | Wilmington, DE | 4.4% | -$565/mo | $334,493 | $2,060/mo | 🟡 MODERATE |
| 4 | Dover, DE | 3.6% | -$796/mo | $343,284 | $1,850/mo | 🔴 WEAK |
| 5 | Clayton, DE | 3.4% | -$1,065/mo | $424,450 | $2,190/mo | 🔴 WEAK |
| 6 | Smyrna, DE | 3.3% | -$1,005/mo | $394,980 | $2,020/mo | 🔴 WEAK |
| 7 | Milford, DE | 3.1% | -$947/mo | $342,573 | $1,660/mo | 🔴 WEAK |
| 8 | Sussex County, DE | 2.8% | -$1,152/mo | $381,499 | $1,790/mo | 🔴 WEAK |