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

Fix & Flip
$ 169,900
ROI
31.0
Cash Flow/m
531- - Bed
- 1 Bath
- 900 sft
125 LEMON Street, Melrose, FL, 32666

$ 495,000
ROI
20.6
Cash Flow/m
115- 3 Bed
- 3 Bath
- 3009 sft
5710 TROUT Street, MELROSE, FL, 32666

$ 260,000
ROI
28.2
Cash Flow/m
611- 3 Bed
- 2 Bath
- 2330 sft
119 Ramsey Dr, Melrose, FL, 32666

Fix & Flip
$ 179,900
ROI
20.9
Cash Flow/m
58- 1 Bed
- 1 Bath
- 448 sft
8237 FOREST HILLS Road, Melrose, FL, 32666
Why Invest in Melrose, Florida?
Investing in properties under $500k in Melrose, FL presents a unique opportunity for real estate investors. With a growing rental market and moderate appreciation rates, expect stable returns alongside favorable rental yields. The median property values here remain accessible, making it an attractive market for both new and seasoned investors.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Melrose is around $1,500 per month, making it affordable compared to larger cities in Florida.
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