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 50+ datapoints.

Melbourne, FL Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-8.5%

Median Cashflow

-$616/mo

Avg Rent Estimate

$2,430/mo

Avg Price

$403,004

Price Range

$120,000 - $722,800

Rent to Price

0.6%

low ratio

Positive Cashflow

15%

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 4.3%, 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 50+ analyzed properties, the median monthly cashflow in Melbourne, FL is -$616 with average rents of $2,430/month. Properties range from $120,000 to $722,800, offering entry points across multiple investment budgets.

2507 Manorwood Dr, Melbourne, FL 32901

Price

$345,000

Rent

$2,508

CachFlow

-$109

CoC

-1.81

Full Analysis

4260 Silver Lake Dr, Melbourne, FL 32901

Price

$327,500

Rent

$2,548

CachFlow

-$272

CoC

-4.75

Full Analysis

3115 Blazing Star Dr, Melbourne, FL 32940

Price

$699,200

Rent

$3,959

CachFlow

-$1,278

CoC

-10.44

Full Analysis

1600 Avocado Ave, Melbourne, FL 32935

Price

$350,000

Rent

$2,709

CachFlow

$48

CoC

0.78

Full Analysis

2440 Warwick Rd, Melbourne, FL 32935

Price

$249,000

Rent

$2,019

CachFlow

-$129

CoC

-2.96

Full Analysis
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Melbourne, FL Rental Market Insights

  • Median cashflow is -$616/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 15% 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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