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

4.8%

Avg Cash on Cash

-6.6%

Median Cashflow

-$358/mo

Avg Rent Estimate

$1,990/mo

Avg Price

$300,997

Price Range

$200,000 - $430,000

Rent to Price

0.66%

low ratio

Positive Cashflow

10%

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 4.8% cap rate combined with -6.6% 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 -$358 with average rents of $1,990/month. Properties range from $200,000 to $430,000, offering entry points across multiple investment budgets.

814 Aruba Ave SE, Palm Bay, FL 32909

Price

$230,000

Rent

$1,753

CachFlow

-$281

CoC

-6.98

Full Analysis

476 Ocala St SW, Palm Bay, FL 32908

Price

$365,000

Rent

$2,005

CachFlow

-$823

CoC

-12.88

Full Analysis

712 Bianca Drive NE, Palm Bay, FL 32905

Price

$238,000

Rent

$2,072

CachFlow

-$175

CoC

-4.2

Full Analysis

696 Harrington St SW, Palm Bay, FL 32908

Price

$244,400

Rent

$1,704

CachFlow

-$359

CoC

-8.39

Full Analysis

769 Bautzen Ave NW #48, Palm Bay, FL 32907

Price

$290,900

Rent

$1,948

CachFlow

-$536

CoC

-10.53

Full Analysis
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Palm Bay, FL Rental Market Insights

  • Median cashflow is -$358/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 10% positive cashflow rate, Palm Bay, FL requires selective property picks
  • Mid-to-upper tier market with properties from $200,000 to $430,000

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