Is Melrose, FL a good place to invest in rental property?

Melrose, FL has a median modeled monthly cash flow of $-989 and a median cap rate of 3.0%, on a median sold price of $253,500. Prices changed +5.0% year over year.

What is the average cap rate in Melrose, FL?

The median cap rate across recently sold homes in Melrose, FL is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Melrose, FL?

The median sold price in Melrose, FL is $253,500 (about $190 per square foot).

Investing in Melrose, FL Real Estate

A data-driven snapshot of the Melrose, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$253,500Median sold price

$190Median $/sqft

3.0%Median cap rate

$-989Modeled cash flow / mo

+5.0%Appreciation YoY

15.1Months of supply

103Active listings

82Sold (last 12 mo)

What the Melrose numbers say

In Melrose, FL, the median home sold for $253,500 (about $190 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-989 of monthly cash flow. Sold prices moved +5.0% over the past year. Inventory sits at about 15.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Melrose cash-flowing listings

CashFlowRE ranks every for-sale home in Melrose, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Melrose deals, or browse the national market data.