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

South Pasadena, FL has a median modeled monthly cash flow of $-1,008 and a median cap rate of 1.1%, on a median sold price of $302,000. Prices changed -9.9% year over year.

What is the average cap rate in South Pasadena, FL?

The median cap rate across recently sold homes in South Pasadena, FL is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in South Pasadena, FL?

The median sold price in South Pasadena, FL is $302,000 (about $272 per square foot).

Investing in South Pasadena, FL Real Estate

A data-driven snapshot of the South Pasadena, 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.

$302,000Median sold price

$272Median $/sqft

1.1%Median cap rate

$-1,008Modeled cash flow / mo

-9.9%Appreciation YoY

21.0Months of supply

238Active listings

136Sold (last 12 mo)

What the South Pasadena numbers say

In South Pasadena, FL, the median home sold for $302,000 (about $272 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-1,008 of monthly cash flow. Sold prices moved -9.9% over the past year. Inventory sits at about 21.0 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.

🔨 See 4 fix-and-flip deals in South Pasadena — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See South Pasadena cash-flowing listings

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