Under $300K Investment Properties for Sale in Melbourne, FL
Listed for sale 2 days ago
$ 150,000
ROI
24.8
Cash Flow/m
210- 2 Bed
- 2 Bath
- 900 sft
758 Ridge Club Dr #62, Melbourne, FL, 32934
Listed for sale 4 days ago
$ 109,900
ROI
24.1Cash Flow/m
134- 2 Bed
- 2 Bath
- 1534 sft
2277 Parkland Dr #241, Melbourne, FL, 32904
Listed for sale 4 days ago
$ 270,000
ROI
30.9Cash Flow/m
840- 3 Bed
- 2 Bath
- 1778 sft
1601 Norman Dr, Melbourne, FL, 32901
Currently Rented
Listed for sale 4 days ago
$ 119,900
ROI
23.0Cash Flow/m
109- 3 Bed
- 2 Bath
- 1485 sft
3177 N Huntington Ave, Melbourne, FL, 32901
Why Invest in Melbourne, Florida?
Investing in Melbourne, FL, offers a unique opportunity to find properties under $300k, appealing to both new and seasoned investors. With a robust rental market and a steady appreciation trend, this area promises an average ROI of around 7%. The local economy is diversified and is projected to grow, making it an optimal choice for securing cash-flow positive assets.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Melbourne, FL, typically hovers around $1,500 per month for most residential properties.
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