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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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 2 days 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 4 days ago
$ 599,900
ROI
26.5Cash Flow/m
1063- 4 Bed
- 3 Bath
- 3005 sft
4240 N Tropical Trl, Merritt Island, FL, 32953
Listed for sale 6 days ago
$ 740,000
ROI
27.3Cash Flow/m
1469- 5 Bed
- 3 Bath
- 3658 sft
214 Jenifer Ct, Merritt Island, FL, 32952
Why Invest in Merritt Island, Florida?
Investing in single-family homes in Merritt Island, FL, can be a lucrative opportunity. The area boasts a healthy rental yield and a growing job market, making it attractive for families and long-term tenants. With average rents on the rise and a strong demand for rental properties, it's an optimal time to consider this market.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate for single-family homes in Merritt Island is approximately $1,800 per month, reflecting a healthy demand for rental properties in the area.
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