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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Melbourne, FL
Listed for sale today
$ 589,900
ROI
20.8
Cash Flow/m
121- 4 Bed
- 4 Bath
- 2399 sft
2889 Millennium Cir, Melbourne, FL, 32940
Listed for sale today
$ 580,000
ROI
24.0Cash Flow/m
633- 4 Bed
- 3 Bath
- 2827 sft
1061 Peta Way, Melbourne, FL, 32940
Listed for sale today
$ 185,000
ROI
21.4Cash Flow/m
84- 2 Bed
- 2 Bath
- 1078 sft
7667 N Wickham Rd APT 516, Melbourne, FL, 32940
Listed for sale 1 day ago
$ 315,000
ROI
28.8Cash Flow/m
795- 3 Bed
- 2 Bath
- 1236 sft
2432 Misty Way Ln, Melbourne, FL, 32935
Why Invest in Melbourne, Florida?
Investing in Melbourne, FL, offers a promising opportunity for high rental yield properties. The city has shown robust rental growth, attracting investors with favorable metrics like a rental yield of approximately 7.5%. With a strong community appeal and increasing job opportunities, Melbourne is positioned well for continued appreciation and cash flow potential.
12%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$300/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, with some variance based on property type and location.
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