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

Westlake, FL has a median modeled monthly cash flow of $-1,662 and a median cap rate of 3.4%, on a median sold price of $617,960. Prices changed -1.6% year over year.

What is the average cap rate in Westlake, FL?

The median cap rate across recently sold homes in Westlake, FL is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westlake, FL?

The median sold price in Westlake, FL is $617,960 (about $268 per square foot).

Investing in Westlake, FL Real Estate

A data-driven snapshot of the Westlake, 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.

$617,960Median sold price

$268Median $/sqft

3.4%Median cap rate

$-1,662Modeled cash flow / mo

-1.6%Appreciation YoY

53.1Months of supply

248Active listings

56Sold (last 12 mo)

What the Westlake numbers say

In Westlake, FL, the median home sold for $617,960 (about $268 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,662 of monthly cash flow. Sold prices moved -1.6% over the past year. Inventory sits at about 53.1 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 Westlake cash-flowing listings

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