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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Merritt Island, FL
Fix & Flip
Listed for sale 1 day ago
$ 190,000
ROI
24.0
Cash Flow/m
223- 3 Bed
- 1 Bath
- 896 sft
730 Sara Jane Ln, Merritt Island, FL, 32952
Listed for sale 1 day ago
$ 750,000
ROI
23.1Cash Flow/m
622- 4 Bed
- 4 Bath
- 2891 sft
3180 Savannahs Trl, Merritt Island, FL, 32953
Listed for sale 3 days ago
$ 599,900
ROI
26.5Cash Flow/m
1063- 4 Bed
- 3 Bath
- 3005 sft
4240 N Tropical Trl, Merritt Island, FL, 32953
Currently Rented
Listed for sale 4 days ago
$ 117,800
ROI
23.5Cash Flow/m
124- 2 Bed
- 2 Bath
- 1138 sft
4585 Wood Stork Dr, Merritt Island, FL, 32953
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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