Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Melrose, FL

Listed for sale 3 days ago
$ 195,000
ROI
21.2
Cash Flow/m
78- 2 Bed
- 2 Bath
- 1056 sft
23216 NE 35TH Avenue, Melrose, FL, 32666

Fix & Flip
$ 140,000
ROI
23.0
Cash Flow/m
128- 2 Bed
- 1 Bath
- 984 sft
128 Eliam Rd, Melrose, FL, 32666

$ 149,000
ROI
23.6
Cash Flow/m
161- 2 Bed
- 2 Bath
- 1400 sft
25327 NE State Road 26, Melrose, FL, 32666

$ 179,900
ROI
30.7
Cash Flow/m
546- 1 Bed
- 1 Bath
- 600 sft
201 / 199 SWAN LAKE Drive, Melrose, FL, 32666
Why Invest in Melrose, Florida?
Investing in properties under $200k in Melrose, FL, offers a unique opportunity for investors looking to build a diversified portfolio. With an average ROI of 15% and a rental yield of approximately 7.5%, this area is becoming increasingly attractive for buyers aiming for affordable investment options. The local market shows strong demand for rentals, evidenced by an impressive occupancy rate of 90%.
15%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Melrose, you can find a variety of property types, including single-family homes and multifamily units, all priced under $200,000. These properties are ideal for both new investors and those looking for affordable vacation homes.
Find Your Perfect Investment Property in Melrose, Florida
Explore investment opportunities by strategy, performance, or property type
