Deerfield Beach, FL — Rental Investment Analysis
🟢STRONG— excellent cash flow marketData: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.
Investment Summary
As of 2026, Deerfield Beach, FL has a median cap rate of 10.2%, making it one of the top cash-flowing rental markets in the United States.
Deerfield Beach is one of the strongest cash flow markets in the data. Median home price sits at $290,202 — moderate by national standards, requiring a solid down payment but not out of reach. With 3-bedroom rents around $2,975/month, the 10.2% cap rate tells the story. A typical rental here cash flows +$483/month after all expenses — strong passive income from day one.
The market passes the 1% rule (1.21%), which is increasingly rare and signals strong rent-to-price fundamentals. DSCR of 1.60 means the property's income comfortably covers debt service — DSCR loans should be easy to qualify for here.
Bottom line: Buy here if you want reliable monthly income. Deerfield Beach is a cash flow market — don't expect rapid appreciation, but the checks come in every month.
Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.
Cap Rate
10.2%
Above average
Monthly Cash Flow
+$483
After all expenses
Price-to-Rent
8.4
Investor-friendly
DSCR
1.60
Passes lender test
Key Metrics
- Median Home Price
- $290,202
- Average Rent (3BR)
- $2,975/mo
- Price-to-Rent Ratio
- 8.4(good)
- 1% Rule
- 1.21%(passes)
- Cash-on-Cash Return
- 16.6%
- Vacancy Rate
- 8.0%
Market Strength
- Unemployment Rate
- 4.8%(+0.5% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +5.6% YoY
Property Tax Rate
0.86%
of assessed value (FL avg)
Median Income
$63,062
household (FL avg)
Rent-to-Income
56.6%
Stretched
Section 8 Max Rent
$2,975/mo
3BR voucher payment
FL Investor Climate
Landlord Friendly
8/10
State Income Tax
None
Property Tax
0.86% effective
Population Trend
+5.6% (3yr)