REI Lense

REI Lense

Melbourne, FL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Melbourne, FL. Based on 20+ datapoints.

Melbourne, FL Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.1%

Avg Cash on Cash

-9.4%

Median Cashflow

-$631/mo

Avg Rent Estimate

$2,526/mo

Avg Price

$428,272

Price Range

$120,000 - $722,800

Rent to Price

0.59%

low ratio

Positive Cashflow

20%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Melbourne, FL

Melbourne, FL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Melbourne, FL is -$631 with average rents of $2,526/month. Properties range from $120,000 to $722,800, offering entry points across multiple investment budgets.

133 Hickory St, Melbourne, FL 32904

Price

$299,000

Rent

$1,901

CachFlow

-$216

CoC

-4.13

Full Analysis

1490 Goldrush Ave, Melbourne, FL 32940

Price

$336,800

Rent

$2,640

CachFlow

$29

CoC

0.49

Full Analysis

2653 Kingsmill Ave, Melbourne, FL 32934

Price

$385,900

Rent

$2,192

CachFlow

-$857

CoC

-12.69

Full Analysis

2857 W Eau Gallie Blvd, Melbourne, FL 32935

Price

$165,800

Rent

$1,657

CachFlow

$346

CoC

11.92

Full Analysis

342 Bardmoor Ln, Melbourne, FL 32940

Price

$563,300

Rent

$2,760

CachFlow

-$1,245

CoC

-12.63

Full Analysis
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Melbourne, FL Rental Market Insights

  • Median cashflow is -$631/month — careful deal selection is essential here
  • 4.1% median cap rate is typical of appreciation-focused markets
  • At 20% positive cashflow rate, Melbourne, FL requires selective property picks
  • Mid-to-upper tier market with properties from $120,000 to $722,800
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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