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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Merritt Island, FL

$ 283,395
ROI
25.4
Cash Flow/m
443- 3 Bed
- 3 Bath
- 1463 sft
468 Houston Ln, Merritt Island, FL, 32953

$ 283,395
ROI
25.4
Cash Flow/m
443- 3 Bed
- 3 Bath
- 1463 sft
470 Houston Ln, Merritt Island, FL, 32953

$ 303,395
ROI
23.4
Cash Flow/m
311- 3 Bed
- 3 Bath
- 1463 sft
476 Houston Ln, Merritt Island, FL, 32953

$ 283,395
ROI
25.4
Cash Flow/m
443- 3 Bed
- 3 Bath
- 1463 sft
472 Houston Ln, Merritt Island, FL, 32953
Why Invest in Merritt Island, Florida?
Investing in townhouses on Merritt Island, FL, offers a competitive edge in the real estate market. With an average rental yield of 6% and a strong appreciation rate of 4% annually, this location is poised for growth. The proximity to the Space Coast and major employers makes it ideal for long-term investment.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1800/mo
Avg. Cash Flow
$2300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate for townhouses in Merritt Island is approximately $2,300 per month.
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