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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Melbourne, FL
Listed for sale today
$ 300,000
ROI
28.0
Cash Flow/m
685- 3 Bed
- 2 Bath
- 1456 sft
1270 Arnold Dr, Melbourne, FL, 32935
Listed for sale today
$ 249,900
ROI
28.1Cash Flow/m
581- 3 Bed
- 2 Bath
- 1070 sft
2204 Cheryl Ct, Melbourne, FL, 32935
Listed for sale today
$ 275,000
ROI
22.4Cash Flow/m
199- 2 Bed
- 2 Bath
- 1194 sft
6858 Toland Dr APT 104, Melbourne, FL, 32940
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
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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