Real Estate Investing in Port Penn, Delaware (19731)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19731 (Port Penn, DE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Port Penn, DE (19731)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19731 Port Penn
Investors eyeing 19731 need to respect the fundamentals at play. Home values of $285K come alongside slower price movement and elevated management overhead.
For an experienced owner, 19731 can be a a solid fit for hunting ground — but the discount at $285K reflects genuine risk that outside investors often underestimate.
Within DE, ZIP 19731 trails on several market indicators that neighboring New Castle County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The 19731 ZIP's population of 630 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 19731 is an operator game, not a passive one. Meanwhile, entry prices of $285K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Port Penn:
Market Trends
Home Value History (with trend line)
📊 How Does 19731 Compare?
| Metric | 19731 | Port Penn | Delaware |
|---|---|---|---|
| Home Value | $285,266 | $285,266 | $397,840 |
| 5-Year CAGR | 5.7% | 5.7% | 6.7% |
| Avg Rent | $1,809 | $1,809 | - |
| Cap Rate | 5.0% | 5.0% | - |
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 19731 (Port Penn, DE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 19731 (Port Penn, 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 | $285,266 |
| Monthly Rent | $1,809 |
| Price-to-Rent | 13.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 5.0% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (5.0%). 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 19731
Population: 630
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
Is Port Penn, DE a good market for buy-and-hold investors?
Port Penn, DE rates 3.0/5 for investability. With median values at $285K and rents near $1,809/mo, the market offers reasonable fundamentals for rental investors.
Do rentals sit vacant long in Port Penn, DE?
Port Penn, DE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How viable is house hacking in Port Penn, DE?
Port Penn, DE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,809/mo rent level.
How do home values compare in Port Penn, DE?
Median home price in Port Penn, DE is near $285K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Are rents high in Port Penn, DE?
Average rent in Port Penn, DE is approximately $1,809/mo per month. Against $285K home values that yields a reasonable rent-to-price ratio.
You know 19731 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 19731 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 19731 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 19731 (Port Penn)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 19731 (Port Penn, DE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.