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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
$ 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, 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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