Explore available listings and evaluate market performance.
Rockledge, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,006
Monthly Cash Flow
-$362
Principal + Equity
$2,593
Annual Total Gain
$26,771
Cash on Cash
-4.41%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$175
Occupancy Rate
70%
Monthly Revenue
$2,550
Monthly Cash Flow
-$200
Principal + Equity
$2,593
Annual Total Gain
$28,708
Cash on Cash %
-2.44%
Net ROI %
Market Health & Growth
Median Income
$83,009
Population
28,279
LTR Renter %
21.22%
Forecast (1 yr)
0.9%
Appreciation (1 yr)
-3.19%
Appreciation (5 yr)
42.14%
Appreciation (10 yr)
96.41%
Job Growth
2.57%
LTR Rentability
High
STR Demand
87
STR Rentals
78
Top Public Schools
AWest Shore Junior/Senior High School
AEdgewood Junior/Senior High School
A-
A-
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Places to Buy a House in Florida
#134out of 1193 markets
Best Places to Raise a Family in Florida
#279out of 1195 markets
Places with the Best Public Schools in Florida
#16out of 660 markets
A
Public School
C
Crime And Safety
B
Housing
B-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Rockledge, FL.
In Rockledge, FL, Short Term Rentals (STRs) are regulated by the city's Code of Ordinances. Investors should be aware of the following regulations before purchasing a property for Short Term Rental purposes:
1. Zoning Restrictions: Rockledge has specific zoning regulations that dictate where Short Term Rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits STRs.
2. Licensing and Permitting: In order to operate a Short Term Rental in Rockledge, property owners must obtain a Short Term Rental License from the city. This license must be renewed annually and failure to obtain the necessary license can result in fines and penalties.
3. Occupancy Limits: Rockledge has occupancy limits for Short Term Rentals, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are compliant with them.
4. Noise and Nuisance Regulations: Rockledge has noise and nuisance regulations in place to ensure that Short Term Rentals do not disrupt the peace and quiet of residential neighborhoods. Investors should be aware of these regulations and take steps to ensure that their guests comply with them.
5. Taxation: Short Term Rentals in Rockledge are subject to local lodging taxes, which must be collected and remitted to the city. Investors should be aware of their tax obligations and ensure that they are in compliance with local tax laws.
Overall, investors should thoroughly research and understand the regulations and requirements for Short Term Rentals in Rockledge before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, and even the closure of the Short Term Rental property.
Market Trends Over Time
Explore 25 years of market data for Rockledge, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Rockledge, FL.
The LTR Genie Score of Rockledge, FL is 74 and STR Genie Score is 72, indicating a high rentability for both long-term and short-term rental investments. The LTR Rent Growth Rate of 0.0603% and the STR Net ROI of 29.17% contribute to the high Genie Scores. The 1-Year Price Appreciation Forecast of 0.8999999999999999% suggests a stable market with potential for growth.
Rockledge, FL is a growing city located in Brevard County, known for its proximity to the coast and family-friendly community. The city offers a mix of suburban and urban amenities, making it an attractive location for real estate investors.
Considering the high LTR and STR Genie Scores, as well as the positive rent growth rate and ROI, Rockledge, FL appears to be a promising market for both long-term and short-term rental investments. Investors may benefit from diversifying their portfolio by exploring opportunities in both rental strategies in this market.
