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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Merritt Island, FL
Listed for sale 2 days ago
$ 639,900
ROI
23.2
Cash Flow/m
555- 4 Bed
- 2 Bath
- 2221 sft
653 Jillotus St, Merritt Island, FL, 32952
Listed for sale 3 days ago
$ 315,000
ROI
20.0Cash Flow/m
17- 3 Bed
- 2 Bath
- 1325 sft
750 Newfound Harbor Dr, Merritt Island, FL, 32952
Listed for sale 3 days ago
$ 649,900
ROI
21.2Cash Flow/m
197- 4 Bed
- 3 Bath
- 2147 sft
1140 Two Oaks Blvd, Merritt Island, FL, 32952
Listed for sale 3 days ago
$ 585,000
ROI
23.4Cash Flow/m
528- 4 Bed
- 2 Bath
- 2037 sft
1610 E Central Ave, Merritt Island, FL, 32952
Why Invest in Merritt Island, Florida?
Investing in Merritt Island, FL, particularly in single-family homes, presents a promising opportunity. The area benefits from moderate rental yields and strong appreciation trends, making it an attractive option for real estate investors seeking consistent returns. With a vibrant local economy and an increasing demand for housing, this market is set for continued growth.
8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Merritt Island is around $1,800 per month, making it competitive within the region. This rate reflects the demand for housing in this growing community.
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