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Market MapDelawareKent

Kent County

DelawarePopulation: 182,400
57
/100
Hold
#413 of 1,000 counties
#3 in Delaware (3 counties)

Market Snapshot

$361,866
Median Home Price
55% above national median
$1,725/mo
Median Rent
14% above national median
5.72%
Rent-to-Price Ratio
Top 56% nationally
-$776
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$361,866
Down Payment (20%)$72,373
Loan Amount$289,493
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,725
Monthly P&I-$1,897
Est. Expenses (35%)-$604
Net Cash Flow-$776/mo
3.7%
Cap Rate (all cash)
-11.2%
Cash-on-Cash Return
5.72%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% 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
57/100
57
Cash Flow(30%)
56/100

Based on 5.72% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
70/100

Based on 2.0% 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 (-$776/mo)
  • -Negative leverage (cap rate 3.7% < mortgage rate 6.9%)

Economic Indicators

Population
182,400
Median Income
$69,278
vs $57,018 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
57$361,866$1,7255.72%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 57/100, ranking #413 of 1,000 US counties (top 55%). The 5.72% 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
$-776/mo
Cap Rate
3.7%
Cash-on-Cash
-11.2%

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