Merritt Island, FL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Merritt Island, FL. Based on 10+ datapoints.
Merritt Island, FL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-10.8%
Median Cashflow
-$485/mo
Avg Rent Estimate
$2,888/mo
Avg Price
$460,780
Price Range
$301,800 - $754,200
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 Merritt Island, FL
Merritt Island, FL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Merritt Island, FL is -$485 with average rents of $2,888/month. Properties range from $301,800 to $754,200, offering entry points across multiple investment budgets.
95 Florida Blvd, Merritt Island, FL 32953
Price
$754,200
Rent
$2,305
CachFlow
-$2,818
CoC
-21.35
485 Hibiscus Blvd, Merritt Island, FL 32952
Price
$336,400
Rent
$1,933
CachFlow
-$767
CoC
-13.03
11470 S Tropical Trl, Merritt Island, FL 32952
Price
$1,314,800
Rent
$3,172
CachFlow
-$5,254
CoC
-22.83
Merritt Island, FL Rental Market Insights
- •Median cashflow is -$485/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, Merritt Island, FL requires selective property picks
- •Premium market with properties from $301,800 to $754,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs