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

Palmetto, FL has a median modeled monthly cash flow of $-1,412 and a median cap rate of 2.0%, on a median sold price of $324,500. Prices changed -8.4% year over year.

What is the average cap rate in Palmetto, FL?

The median cap rate across recently sold homes in Palmetto, FL is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palmetto, FL?

The median sold price in Palmetto, FL is $324,500 (about $220 per square foot).

Investing in Palmetto, FL Real Estate

A data-driven snapshot of the Palmetto, 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.

$324,500Median sold price

$220Median $/sqft

2.0%Median cap rate

$-1,412Modeled cash flow / mo

-8.4%Appreciation YoY

12.9Months of supply

211Active listings

197Sold (last 12 mo)

What the Palmetto numbers say

In Palmetto, FL, the median home sold for $324,500 (about $220 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,412 of monthly cash flow. Sold prices moved -8.4% over the past year. Inventory sits at about 12.9 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 Palmetto cash-flowing listings

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