Real Estate Investing in Delaware City, Delaware (19706)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19706 (Delaware City, DE)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Delaware City, DE (19706)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19706 Delaware City
The 19706 ZIP covers a section of Delaware City that demands careful diligence. Prices near $295K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 19706 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Delaware City have seen price recovery that 19706 has not matched. New Castle County data supports the view that the spread is structural rather than temporary.
Resident income in 19706 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 19706 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Delaware City:
Property Strategy for 19706
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $212,478 | $1,740 | 5.9% | +6.2% | $106,239 |
| 3BR | $299,168 | $2,090 | 5.0% | +7.3% | $99,723 |
| 4BR | $328,583 | $2,330 | 5.1% | +6.5% | $82,146 |
Market Trends
Home Value History (with trend line)
📊 How Does 19706 Compare?
| Metric | 19706 | Delaware City | Delaware |
|---|---|---|---|
| Home Value | $295,265 | $295,265 | $397,840 |
| 5-Year CAGR | 4.7% | 4.7% | 6.7% |
| Avg Rent | $1,566 | $1,566 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19706 (Delaware City, DE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 19706 (Delaware City, DE)?
~25 seconds · no account needed · your report is anonymous
Property managers serving New Castle County
Manage rentals here? List your business →REDA One offers real estate management software, including CRM, leasing, property management, accounting, and digital experience modules. summary from their website
Swalm Property Management provides property management solutions. summary from their website
WOLFBOATS is a platform for online games with unlimited bonuses. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $295,265 |
| Monthly Rent | $1,566 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19706
Population: 2,059
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 1,044 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Delaware City, DE?
Delaware City, DE median home values land near $295K. That is reasonable territory for investors looking at $1,566/mo-per-month rentals.
Does a duplex house hack pencil in Delaware City, DE?
House hacking in Delaware City, DE is reasonable to execute. Prices around $295K and rents of $1,566/mo solid owner-occupant economics.
How strict are landlord regulations in Delaware City, DE?
For rental operators, Delaware City, DE rates as balanced. The regulatory environment standard buy-and-hold operations.
Does Delaware City, DE make sense for an investment property?
Delaware City, DE shows an investability rating of 3.0/5, with median home values near $295K and average rents around $1,566/mo. That combination puts it in the robust tier for investor interest.
How strong is the working-renter base in Delaware City, DE?
Tenant quality in Delaware City, DE ranks as solid. Landlords generally report reliable occupancy at market rents of $1,566/mo.
You know 19706 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 19706 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 19706 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 19706 (Delaware City)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 19706 (Delaware City, DE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.