Investment Properties for Sale in Merritt Island, FL
Listed for sale 1 day ago
$ 839,000
ROI
21.9
Cash Flow/m
426- 5 Bed
- 3 Bath
- 4036 sft
1373 BENT PALM DRIVE, Merritt Island, FL, 32952
Rental Income
Listed for sale 3 days ago
$ 465,000
ROI
22.5Cash Flow/m
351- 4 Bed
- 3 Bath
- 1871 sft
1485 Holly Ave, Merritt Island, FL, 32952
Listed for sale 4 days ago
$ 325,000
ROI
20.7Cash Flow/m
83- 4 Bed
- 2 Bath
- 1990 sft
440 Pine Blvd, Merritt Island, FL, 32952
Listed for sale 6 days ago
$ 264,990
ROI
29.6Cash Flow/m
725- 3 Bed
- 3 Bath
- 1464 sft
Pearson Interior Unit Plan, Banyan Point, 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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