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

Palatka, FL has a median modeled monthly cash flow of $-547 and a median cap rate of 3.8%, on a median sold price of $198,500. Prices changed -0.6% year over year.

What is the average cap rate in Palatka, FL?

The median cap rate across recently sold homes in Palatka, FL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palatka, FL?

The median sold price in Palatka, FL is $198,500 (about $159 per square foot).

Investing in Palatka, FL Real Estate

A data-driven snapshot of the Palatka, 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.

$198,500Median sold price

$159Median $/sqft

3.8%Median cap rate

$-547Modeled cash flow / mo

-0.6%Appreciation YoY

8.1Months of supply

272Active listings

402Sold (last 12 mo)

What the Palatka numbers say

In Palatka, FL, the median home sold for $198,500 (about $159 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-547 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 8.1 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 Palatka cash-flowing listings

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