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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Melbourne, FL
Listed for sale 2 days ago
$ 180,000
ROI
23.6
Cash Flow/m
192- 1 Bed
- 1 Bath
- 752 sft
7667 N Wickham Rd APT 208, Melbourne, FL, 32940
$ 254,900
ROI
20.8Cash Flow/m
76- 3 Bed
- 2 Bath
- 1320 sft
9015 Scarsdale Ct APT A, Melbourne, FL, 32904
$ 275,000
ROI
21.0Cash Flow/m
93- 2 Bed
- 3 Bath
- 1266 sft
180 Paradise Blvd #18015, Melbourne, FL, 32903
$ 475,000
ROI
20.9Cash Flow/m
156- 3 Bed
- 3 Bath
- 2219 sft
735 Lanai Cir APT 101, Melbourne, FL, 32937
Why Invest in Melbourne, Florida?
Investing in a condo in Melbourne, FL offers a unique opportunity in a growing market. With an annual rental yield around 5% and average rents increasing steadily, this area is attractive to both investors and renters. The local economy is bolstered by major employers like Harris Corporation and Northrop Grumman, contributing to job stability and growth.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a condo in Melbourne, FL is approximately $1,500 per month. However, prices can vary based on location and amenities.
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