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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Merritt Island, FL
Listed for sale 2 days ago
$ 445,990
ROI
25.4
Cash Flow/m
705- 3 Bed
- 2 Bath
- 1382 sft
395 BACARDI Drive, Merritt Island, FL, 32953
Listed for sale 4 days ago
$ 454,700
ROI
22.7Cash Flow/m
369- 4 Bed
- 2 Bath
- 1734 sft
5515 Eagle Way, Merritt Island, FL, 32953
Listed for sale 5 days ago
$ 315,000
ROI
20.1Cash Flow/m
34- 3 Bed
- 2 Bath
- 1512 sft
160 CARIB DRIVE, Merritt Island, FL, 32952
$ 395,000
ROI
22.4Cash Flow/m
289- 3 Bed
- 2 Bath
- 1468 sft
1400 Eddy St, Merritt Island, FL, 32952
Why Invest in Merritt Island, Florida?
Investing in Merritt Island, FL, presents unique opportunities, especially for those looking to capitalize on high rental yields. The average rental yield in this area is impressive, providing investors with long-term cash flow potential. With a vibrant community and proximity to major attractions, Merritt Island offers both stability and growth potential for smart investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Merritt Island is approximately 6%, providing a competitive return for real estate investors.
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