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 15+ datapoints.
Merritt Island, FL Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
5.5%
Avg Cash on Cash
-6.2%
Median Cashflow
-$283/mo
Avg Rent Estimate
$2,883/mo
Avg Price
$414,450
Price Range
$299,000 - $636,400
Rent to Price
0.7%
low ratio
Positive Cashflow
19%
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 15+ properties analyzed, early data shows the market is developing. The median cap rate of 5.5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 15+ analyzed properties, the median monthly cashflow in Merritt Island, FL is -$283 with average rents of $2,883/month. Properties range from $299,000 to $636,400, offering entry points across multiple investment budgets.
4065 Sand Ridge Dr, Merritt Island, FL 32953
Price
$474,000
Rent
$2,994
CachFlow
-$485
CoC
-5.85
7755 S Tropical Trl, Merritt Island, FL 32952
Price
$1,559,100
Rent
$4,249
CachFlow
-$6,038
CoC
-22.13
1300 Arlington Cir, Merritt Island, FL 32952
Price
$328,000
Rent
$2,324
CachFlow
-$105
CoC
-1.83
Merritt Island, FL Rental Market Insights
- •Median cashflow is -$283/month — careful deal selection is essential here
- •5.5% median cap rate reflects a balanced risk-return profile
- •At 19% positive cashflow rate, Merritt Island, FL requires selective property picks
- •Mid-to-upper tier market with properties from $299,000 to $636,400
- •Early-stage market data — revisit as more properties are analyzed for stronger signals