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Melbourne, FL — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

4.5%

Below average

Monthly Cash Flow

-$596

After all expenses

Price-to-Rent

13.2

Investor-friendly

DSCR

0.70

Fails

📊 Key Metrics

Median Home Price
$378,087
Average Rent (3BR)
$2,380/mo
Price-to-Rent Ratio
13.2(good)
1% Rule
0.63%(fails — need 1%+)
Cash-on-Cash Return
-8.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Melbourne for Investors

32935
Cap Rate: 5.5%Cash Flow: -$206/mo$270,319
32901
Cap Rate: 5.1%Cash Flow: -$283/mo$270,717
32904
Cap Rate: 4.5%Cash Flow: -$596/mo$378,087

All Zip Codes in Melbourne

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
329355.5%-$206$270,319$1,970/mo0.86
329015.1%-$283$270,717$1,880/mo0.80
329044.5%-$596$378,087$2,380/mo0.70
329403.8%-$1,061$484,705$2,690/mo0.59
329343.1%-$1,349$493,435$2,410/mo0.49