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Market MapDelawareKent

Kent County

DelawarePopulation: 182,400
59
/100
Hold
#543 of 1,000 counties
#2 in Delaware (3 counties)

Market Snapshot

$360,954
Median Home Price
32% above national median
$1,773/mo
Median Rent
18% above national median
5.90%
Rent-to-Price Ratio
Top 53% nationally
-$740
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$360,954
Down Payment (20%)$72,191
Loan Amount$288,763
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,773
Monthly P&I-$1,892
Est. Expenses (35%)-$621
Net Cash Flow-$740/mo
3.8%
Cap Rate (all cash)
-10.7%
Cash-on-Cash Return
5.90%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
58/100

Based on 5.90% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
75/100

Based on 2.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
52/100

Price-to-income ratio of 5.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$740/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 6.9%)

Economic Indicators

Population
182,400
Median Income
$69,278
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
5.2x
Less affordable

Compare to Nearby Counties

CountyVerdict
New CastleDE
65$361,117$1,8786.24%BuyView
CurrentKentDE
59$360,954$1,7735.90%Hold
SussexDE
46$487,183$2,1985.41%HoldView

The Bottom Line

HoldKent is a neutral market. Consider house hacking or targeting below-market deals.

Kent County in Delaware scores 59/100, ranking #543 of 1,000 US counties (top 54%). The 5.90% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-740/mo
Cap Rate
3.8%
Cash-on-Cash
-10.7%

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