Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Based on 6.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on -4.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Duluth, MN Duluth, MN | 72 | $248,119 | $1,526 | 7.38% | Buy | View | |
Toledo, OH Toledo, OH | 72 | $194,475 | $1,156 | 7.14% | Buy | View | |
Syracuse, NY Syracuse, NY | 72 | $248,808 | $1,570 | 7.57% | Buy | View | |
Davenport, IA Davenport, IA | 72 | $184,666 | $1,050 | 6.83% | Buy | View | |
Springfield, OH Springfield, OH | 72 | $193,537 | $1,084 | 6.72% | Buy | View | |
Current Palm Bay, FL | 52 | $337,592 | $1,921 | 6.83% | Hold |
The Palm Bay, FL metro area scores 52/100, ranking #677 of 894 US metros (top 76%). The 6.83% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.
Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.