Real Estate Investing in Cocoa, Florida (32926)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Brevard County • Population: 21,576 • Data updated: September 2026

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Should you buy in 32926 (Cocoa, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 12.5% of homes vacant — above national norms.

What’s happening in Cocoa, FL (32926)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $328,320
Avg Monthly Rent $1,988
1% Rule ✗ Does Not Meet
Median Income $63,391
% Renters 20.5%

Market Analysis: 32926 Cocoa

From a cash-flow lens, ZIP 32926 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $328K median. It rewards specialists, not generalists.

The investment case in 32926 is resilient only for operators who understand what they are buying. A $328K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader FL picture, 32926 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Turning to rents, 21,576 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cocoa:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.2× the median income
Value Trend
Declining (-0.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,988/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Palm Bay-Melbourne-Titusville, FL Metro Area
More inventory, negotiating room for buyers
66 days
Average time to sell
Slow
9.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Palm Bay-Melbourne-Titusville, FL metro data
🏠

Property Strategy for 32926

Which property type performs best in this market?

Best for Cash Flow
2BR
6.1% cap rate
Best for Appreciation
5BR
+7.9% 5yr CAGR
Best Overall Value
2BR
$89,481/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $178,962 $1,520 6.1% +7.3% $89,481
3BR $320,444 $2,070 4.7% +7.7% $106,815
4BR $409,342 $2,350 4.1% +7.4% $102,336
5BR $476,117 +7.9% $95,223

Market Trends

Home Value History (with trend line)

$361K$306K$250K$195K$139K$83KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,009$1,982$1,954$1,926$1,899$1,871Jan 2025Oct 2025Jul 2026

📊 How Does 32926 Compare?

Metric 32926 Cocoa Palm Bay-Melbourne-Titusville, FL Florida
Home Value $328,320 $278,623 N/A $374,697
5-Year CAGR 4.3% 4.6% N/A 7.4%
Avg Rent $1,988 $1,817 N/A -
Cap Rate 4.7% 5.1% - -
💡 Why Invest in 32926? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 32926 (Cocoa, FL). Anonymous, moderated, never written by AI.

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Property managers serving Brevard County

Manage rentals here? List your business →

Solutions Property Management LLC offers residential, multi-family, commercial, and community association property management services in Melbourne, including marketing, tenant screening, rent collect summary from their website

Single-familySmall multifamilyCommercialHOA
Unclaimed — is this your business? Claim it free

Aamerican Property Management provides services for renters, including rental FAQs, online applications, online payments, and maintenance requests. summary from their website

Unclaimed — is this your business? Claim it free

All Brevard Property Management is a property management company. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.7%
Fair
5yr Growth
+4.3%
Moderate

📊 Market Snapshot

Home Value $328,320
Monthly Rent $1,988
Price-to-Rent 13.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.3%
Cap Rate 4.7%
5-Year IRR 9.0%

📈 Home Appreciation

1-Year -0.7% ▼
3-Year CAGR -0.1% ▼
5-Year CAGR +4.3% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year +0.2% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
12.5%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.3%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 32926

Population: 21,576

💰 Median Household Income
$63,391
This area
$63,391
State
$70,737
USA
$74,580
🏠 Renter Occupied
20.5%
This area
20.5%
State
29.9%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-18.0%
USA
3.7%
🎓 College Educated
21.4%
This area
21.4%
State
4.7%
USA
33.7%
👤 Median Age
51.0 years
This area
51.0 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
12.5%
This area
12.5%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 74.3%
Black/African American 15.3%
Other/Mixed 7.8%
Hispanic/Latino 5.1%
Asian 2.7%
👶 Under 18
11.5%
This area
11.5%
USA
22.0%
👴 65 and Over
25.4%
This area
25.4%
USA
17.3%
📊 Poverty Rate
10.1%
This area
10.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 32926

B Avg School Grade
2 Schools
15.0:1 Avg Class Size
$11,592 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

SATURN ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
587 Students
👨‍🏫
12.5:1 Class Size
💰
$11,592 Per Student
B Good

COCOA HIGH SCHOOL

📚 07 – 12 High School
👥
1,468 Students
👨‍🏫
17.5:1 Class Size
💰
$11,592 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
C
Academy of Cosmetology
121 students · 6.9 mi

Frequently Asked Questions

Are rents high in Cocoa, FL?

Rents in Cocoa, FL run near $1,988/mo. Compared with median home prices of $328K that produces solid gross yields for typical rentals.

What are vacancy rates like in Cocoa, FL?

Cocoa, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.

How strong is Cocoa, FL for real estate investors?

Cocoa, FL scores 3.0/5 for investability. Home values sit at $328K and rents near $1,988/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

How should investors approach Cocoa, FL?

Most investors in Cocoa, FL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

What price range are homes in Cocoa, FL?

Median home price in Cocoa, FL is near $328K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

You know 32926 now. You don’t know where it ranks.

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How 32926 ranks in Palm Bay-Melbourne-Titusville, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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