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REI Lense

Merritt Island, FL Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Merritt Island, FL. Based on 15+ datapoints.

Merritt Island, FL Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

7.4%

Avg Cash on Cash

3.4%

Median Cashflow

$336/mo

Avg Rent Estimate

$4,443/mo

Avg Price

$425,179

Price Range

$299,000 - $636,400

Rent to Price

1.05%

strong ratio

Positive Cashflow

71%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Merritt Island, FL

Merritt Island, FL delivers consistent cashflow for mid-term rental investors. 71% of analyzed properties generate positive monthly cashflow, with a median of $336/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.

Across 15+ analyzed properties, Merritt Island, FL mid-term rental investments show a median monthly cashflow of $336 with average furnished rent estimates of $4,443/month. These figures reflect real property data, not projections.

1655 S Shelter Trl, Merritt Island, FL 32952

Price

$560,000

Rent

$4,536

CachFlow

-$522

CoC

-4.62

Full Analysis

1165 S Courtenay Pkwy, Merritt Island, FL 32952

Price

$428,300

Rent

$3,904

CachFlow

-$41

CoC

-0.46

Full Analysis

545 Heron Dr, Merritt Island, FL 32952

Price

$463,300

Rent

$5,884

CachFlow

$1,066

CoC

11.1

Full Analysis

4065 Sand Ridge Dr, Merritt Island, FL 32953

Price

$474,000

Rent

$4,491

CachFlow

$263

CoC

2.69

Full Analysis

455 Kennebec St, Merritt Island, FL 32952

Price

$464,900

Rent

$4,743

CachFlow

$408

CoC

4.23

Full Analysis
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Merritt Island, FL Mid-Term Rental Market Insights

  • Positive median cashflow of $336/month indicates most investors cover expenses
  • 7.4% median cap rate reflects a balanced risk-return profile
  • 71% of analyzed properties cash-flow positive — high probability of finding a deal
  • Mid-to-upper tier market with properties from $299,000 to $636,400
  • Ideal for investors building a portfolio of income-producing properties

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