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
5.7%
Avg Cash on Cash
-4.3%
Median Cashflow
-$270/mo
Avg Rent Estimate
$3,117/mo
Avg Price
$444,825
Price Range
$311,300 - $636,400
Rent to Price
0.7%
low ratio
Positive Cashflow
17%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Merritt Island, FL
Merritt Island, FL is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.7% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Merritt Island, FL is -$270 with average rents of $3,117/month. Properties range from $311,300 to $636,400, offering entry points across multiple investment budgets.
1655 S Shelter Trl, Merritt Island, FL 32952
Price
$560,000
Rent
$3,024
CachFlow
-$1,278
CoC
-13.04
1165 S Courtenay Pkwy, Merritt Island, FL 32952
Price
$428,300
Rent
$2,603
CachFlow
-$692
CoC
-9.23
4065 Sand Ridge Dr, Merritt Island, FL 32953
Price
$474,000
Rent
$2,994
CachFlow
-$485
CoC
-5.85
Merritt Island, FL Rental Market Insights
- •Median cashflow is -$270/month — careful deal selection is essential here
- •5.7% median cap rate reflects a balanced risk-return profile
- •At 17% positive cashflow rate, Merritt Island, FL requires selective property picks
- •Mid-to-upper tier market with properties from $311,300 to $636,400
- •Early-stage market data — revisit as more properties are analyzed for stronger signals