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Updated almost 9 years ago on . Most recent reply

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86
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32
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Zachary Foust
  • Dover, DE
32
Votes |
86
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Delaware Beach Rentals

Zachary Foust
  • Dover, DE
Posted
Wanting to know if anyone owns any Bethany, Rehoboth, Lewes, etc. rental homes. Do you like it? What's the average profit per month? Do you rent it weekly? Do you prefer it over normal rentals?

Most Popular Reply

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77
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32
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Jessica Stiner
  • Real Estate Broker
  • Newark, DE
32
Votes |
77
Posts
Jessica Stiner
  • Real Estate Broker
  • Newark, DE
Replied

Hi Zachary,

I manage multiple properties in all those areas. Some are long term and weekly vacation rentals. The average monthly rent for a long term down there is approximately $1000 - $1300 depending on size. Vacation rentals can profit from $15,000 - $50,000 depending on size and location. I like managing both kinds. The kind of work I do is very different for each type. Vacation rentals are a lot of work, but it's for a shorter time period throughout the year.

Hope that gives you a good idea.

- Jessica 

  • Jessica Stiner
  • Loading replies...