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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

Listed for sale 3 days ago
$ 259,900
ROI
28.9
Cash Flow/m
659- 4 Bed
- 3 Bath
- 2150 sft
129 CRYSTAL LAKE Drive, Melrose, FL, 32666

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

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

Listed for sale 5 days ago
$ 265,000
ROI
26.6
Cash Flow/m
505- 3 Bed
- 2 Bath
- 1829 sft
6898 County Road 214, 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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