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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Melbourne, FL
Listed for sale today
$ 249,900
ROI
28.1
Cash Flow/m
581- 3 Bed
- 2 Bath
- 1070 sft
2204 Cheryl Ct, Melbourne, FL, 32935
Listed for sale today
$ 140,000
ROI
34.7Cash Flow/m
582- 1 Bed
- 1 Bath
- 868 sft
6461 Borasco Dr APT 3802, Melbourne, FL, 32940
Listed for sale 1 day ago
$ 324,900
ROI
29.9Cash Flow/m
915- 4 Bed
- 2 Bath
- 2063 sft
2619 Lorna Dr, Melbourne, FL, 32935
Listed for sale 3 days ago
$ 362,900
ROI
19.8Cash Flow/m
8- 3 Bed
- 2 Bath
- 1643 sft
1708 Pga Blvd, Melbourne, FL, 32935
Why Invest in Melbourne, Florida?
Investing in Melbourne, FL real estate, especially in properties like condos, can lead to significant returns given the city's growing rental market. With an average rental yield of around 6%, investors can capitalize on both cash flow and property appreciation. The area's strong job market contributes to low vacancy rates, making it an attractive choice for real estate investment.
10%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Melbourne, FL is approximately $1,500 per month, making it a competitive market for both renters and investors.
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