Is Palm River-Clair Mel, FL a good place to invest in rental property?

Palm River-Clair Mel, FL has a median modeled monthly cash flow of $-681 and a median cap rate of 3.8%, on a median sold price of $347,500. Prices changed -15.6% year over year.

What is the average cap rate in Palm River-Clair Mel, FL?

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

What is the median home price in Palm River-Clair Mel, FL?

The median sold price in Palm River-Clair Mel, FL is $347,500 (about $213 per square foot).

Investing in Palm River-Clair Mel, FL Real Estate

A data-driven snapshot of the Palm River-Clair Mel, 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.

$347,500Median sold price

$213Median $/sqft

3.8%Median cap rate

$-681Modeled cash flow / mo

-15.6%Appreciation YoY

82.0Months of supply

287Active listings

42Sold (last 12 mo)

What the Palm River-Clair Mel numbers say

In Palm River-Clair Mel, FL, the median home sold for $347,500 (about $213 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-681 of monthly cash flow. Sold prices moved -15.6% over the past year. Inventory sits at about 82.0 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 Palm River-Clair Mel cash-flowing listings

CashFlowRE ranks every for-sale home in Palm River-Clair Mel, 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 Palm River-Clair Mel deals, or browse the national market data.