|The median rental rate for owner/investor leased 3 bedroom condos of $1,320/month lags those of Green Cay Rentals aka "the Developer" by $98/month.|
| || Units |
|Condos - 3 Bedroom || || |
| Owner/Investor Leased ||23 ||$1320 |
| Green Cay Rentals Leased ||26 ||$1418 |
|Difference || ||$98 |
Includes cable, water, washer/dryer and trash.
In addition, there is a wide variation in owner/investor rates , particularly at the low end.
That said, if you are an owner/investor and you are getting less than $1,320 per month, you are probably leaving money on the table. And maybe you should be setting your sights even higher at $1,418 to achieve parity with the Developer.