Palm Bay, FL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Palm Bay, FL. Based on 50+ datapoints.
Palm Bay, FL Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-7.3%
Median Cashflow
-$405/mo
Avg Rent Estimate
$2,022/mo
Avg Price
$318,551
Price Range
$218,600 - $469,000
Rent to Price
0.63%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Palm Bay, FL
Palm Bay, FL presents a balanced long-term rental investment profile across 50+ analyzed datapoints. A median 4.9% cap rate combined with -7.3% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 50+ analyzed properties, the median monthly cashflow in Palm Bay, FL is -$405 with average rents of $2,022/month. Properties range from $218,600 to $469,000, offering entry points across multiple investment budgets.
649 Narragansett St NE, Palm Bay, FL 32907
Price
$411,800
Rent
$1,986
CachFlow
-$1,204
CoC
-16.71
Palm Bay, FL Rental Market Insights
- •Median cashflow is -$405/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 6% positive cashflow rate, Palm Bay, FL requires selective property picks
- •Mid-to-upper tier market with properties from $218,600 to $469,000