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

Myakka City, FL has a median modeled monthly cash flow of $-3,998 and a median cap rate of 1.0%, on a median sold price of $615,000. Prices changed +5.1% year over year.

What is the average cap rate in Myakka City, FL?

The median cap rate across recently sold homes in Myakka City, FL is 1.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Myakka City, FL?

The median sold price in Myakka City, FL is $615,000 (about $353 per square foot).

Investing in Myakka City, FL Real Estate

A data-driven snapshot of the Myakka City, 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.

$615,000Median sold price

$353Median $/sqft

1.0%Median cap rate

$-3,998Modeled cash flow / mo

+5.1%Appreciation YoY

7.9Months of supply

58Active listings

88Sold (last 12 mo)

What the Myakka City numbers say

In Myakka City, FL, the median home sold for $615,000 (about $353 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-3,998 of monthly cash flow. Sold prices moved +5.1% over the past year. Inventory sits at about 7.9 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 Myakka City cash-flowing listings

CashFlowRE ranks every for-sale home in Myakka City, 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 Myakka City deals, or browse the national market data.