Single Family 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 7 days ago
$ 349,900
ROI
25.8Cash Flow/m
588- 3 Bed
- 2 Bath
- 1282 sft
22 OCEAN STREET, 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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