Fix And Flip Investment Properties for Sale in Merritt Island, FL
Fix & Flip
$ 325,000
ROI
26.8
Cash Flow/m
633- 3 Bed
- 1 Bath
- 1482 sft
565 Kings Way, Merritt Island, FL, 32953
Fix & Flip
Motivated Seller
$ 210,000
ROI
19.9Cash Flow/m
10- 3 Bed
- 2 Bath
- 1050 sft
481 Orange Ave, Merritt Island, FL, 32952
Fix & Flip
$ 499,900
ROI
24.1Cash Flow/m
598- 4 Bed
- 2 Bath
- 1720 sft
1145 Molaki Dr, Merritt Island, FL, 32953
Fix & Flip
$ 190,000
ROI
31.0Cash Flow/m
596- 3 Bed
- 1 Bath
- 896 sft
730 Sara Jane Ln, Merritt Island, FL, 32952
Why Invest in Merritt Island, Florida?
Investing in Merritt Island, FL presents an opportunity for those interested in fix-and-flip properties. The area has shown solid appreciation trends, with an average return on investment (ROI) of 9%. With a rental yield of 6% and a strong demand driven by its proximity to the Space Coast, Merritt Island is an attractive market for savvy investors looking to capitalize on real estate potential.
9%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Merritt Island is around $300,000, making it accessible for both first-time buyers and investors. Prices have steadily appreciated over the past few years.
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