REI Lense

REI Lense

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

5%

Avg Cash on Cash

-5.9%

Median Cashflow

-$320/mo

Avg Rent Estimate

$1,974/mo

Avg Price

$291,381

Price Range

$200,000 - $414,900

Rent to Price

0.68%

low ratio

Positive Cashflow

7%

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 5% cap rate combined with -5.9% 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 -$320 with average rents of $1,974/month. Properties range from $200,000 to $414,900, offering entry points across multiple investment budgets.

1481 Mariposa Dr NE, Palm Bay, FL 32905

Price

$305,400

Rent

$1,969

CachFlow

-$452

CoC

-8.46

Full Analysis

1774 Emerson Dr SE, Palm Bay, FL 32909

Price

$320,400

Rent

$2,049

CachFlow

-$511

CoC

-9.11

Full Analysis

1001 Happiness Avenue SW, Palm Bay, FL 32908

Price

$361,400

Rent

$1,774

CachFlow

-$888

CoC

-14.04

Full Analysis

839 Custer St NW, Palm Bay, FL 32907

Price

$218,600

Rent

$1,972

CachFlow

$19

CoC

0.5

Full Analysis

643 Binney St NE, Palm Bay, FL 32907

Price

$219,000

Rent

$1,891

CachFlow

-$27

CoC

-0.7

Full Analysis
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Palm Bay, FL Rental Market Insights

  • Median cashflow is -$320/month — careful deal selection is essential here
  • 5% median cap rate reflects a balanced risk-return profile
  • At 7% positive cashflow rate, Palm Bay, FL requires selective property picks
  • Mid-to-upper tier market with properties from $200,000 to $414,900

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