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 40+ datapoints.

Palm Bay, FL Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

5%

Avg Cash on Cash

-6.8%

Median Cashflow

-$304/mo

Avg Rent Estimate

$1,978/mo

Avg Price

$298,484

Price Range

$170,000 - $421,000

Rent to Price

0.66%

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 40+ analyzed datapoints. A median 5% cap rate combined with -6.8% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 40+ analyzed properties, the median monthly cashflow in Palm Bay, FL is -$304 with average rents of $1,978/month. Properties range from $170,000 to $421,000, offering entry points across multiple investment budgets.

1306 Valerius St SE, Palm Bay, FL 32909

Price

$310,700

Rent

$1,922

CachFlow

-$389

CoC

-7.15

Full Analysis

660 Fernandina St NW, Palm Bay, FL 32907

Price

$203,900

Rent

$1,742

CachFlow

$141

CoC

3.95

Full Analysis

1340 Mariposa Dr NE, Palm Bay, FL 32905

Price

$334,900

Rent

$2,334

CachFlow

-$410

CoC

-7

Full Analysis

1367 Wing Road SW, Palm Bay, FL 32908

Price

$331,800

Rent

$2,430

CachFlow

$6

CoC

0.1

Full Analysis

587 Tasco Ave SW, Palm Bay, FL 32908

Price

$214,900

Rent

$1,843

CachFlow

-$15

CoC

-0.4

Full Analysis
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Palm Bay, FL Rental Market Insights

  • Median cashflow is -$304/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
  • Moderately priced market with properties from $170,000 to $421,000

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