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

4.5%

Avg Cash on Cash

-8.2%

Median Cashflow

-$515/mo

Avg Rent Estimate

$2,442/mo

Avg Price

$387,069

Price Range

$159,900 - $699,200

Rent to Price

0.63%

low ratio

Positive Cashflow

11%

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 4.5%, 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 -$515 with average rents of $2,442/month. Properties range from $159,900 to $699,200, offering entry points across multiple investment budgets.

2846 Lancaster Rd, Melbourne, FL 32935

Price

$285,700

Rent

$1,965

CachFlow

-$179

CoC

-3.58

Full Analysis

4610 Whipple Hollow Rd, Melbourne, FL 32934

Price

$519,000

Rent

$2,710

CachFlow

-$1,017

CoC

-11.2

Full Analysis

1871 Thesy Dr, Melbourne, FL 32940

Price

$596,600

Rent

$3,881

CachFlow

-$707

CoC

-6.77

Full Analysis

1700 Marcello Dr, Melbourne, FL 32934

Price

$748,900

Rent

$3,215

CachFlow

-$1,700

CoC

-12.97

Full Analysis

3810 Connors Cv, Melbourne, FL 32934

Price

$525,000

Rent

$2,508

CachFlow

-$1,167

CoC

-12.7

Full Analysis
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Melbourne, FL Rental Market Insights

  • Median cashflow is -$515/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 11% positive cashflow rate, Melbourne, FL requires selective property picks
  • Mid-to-upper tier market with properties from $159,900 to $699,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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