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

South Pasadena, FL has a median modeled monthly cash flow of $-1,220 and a median cap rate of 0.7%, on a median sold price of $325,000. Prices changed -6.9% 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 0.7%, 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 $325,000 (about $284 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.

$325,000Median sold price

$284Median $/sqft

0.7%Median cap rate

$-1,220Modeled cash flow / mo

-6.9%Appreciation YoY

32.8Months of supply

153Active listings

56Sold (last 12 mo)

What the South Pasadena numbers say

In South Pasadena, FL, the median home sold for $325,000 (about $284 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-1,220 of monthly cash flow. Sold prices moved -6.9% over the past year. Inventory sits at about 32.8 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 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.