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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
$ 299,900
ROI
19.9
Cash Flow/m
10- 3 Bed
- 2 Bath
- 1168 sft
1506 SE 4TH Avenue, Melrose, FL, 32666
$ 100,000
ROI
23.2Cash Flow/m
96- 2 Bed
- 2 Bath
- 930 sft
114 Lemon St, Melrose, FL, 32666
$ 100,000
ROI
24.3Cash Flow/m
127- 3 Bed
- 2 Bath
- 938 sft
118 Lemon St, Melrose, FL, 32666
$ 410,000
ROI
22.9Cash Flow/m
363- 4 Bed
- 3 Bath
- 1981 sft
5955 SE COUNTY ROAD 21B, 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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