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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Merritt Island, FL
Listed for sale 4 days ago
$ 127,900
ROI
24.4
Cash Flow/m
166- 2 Bed
- 2 Bath
- 1056 sft
1646 Dalton Pl #A-14, Merritt Island, FL, 32952
Fix & Flip
$ 275,000
ROI
31.4Cash Flow/m
892- 4 Bed
- 2 Bath
- 1431 sft
925 Garden Rd, Merritt Island, FL, 32952
$ 272,999
ROI
27.4Cash Flow/m
579- 2 Bed
- 2 Bath
- 1110 sft
3019 Sea Gate Cir, Merritt Island, FL, 32953
Rental Income
$ 275,000
ROI
27.3Cash Flow/m
575- 2 Bed
- 2 Bath
- 1080 sft
3002 Sea Gate Cir, Merritt Island, FL, 32953
Why Invest in Merritt Island, Florida?
Investing in Merritt Island, FL, particularly in properties under $300k, is an excellent opportunity for both new and seasoned investors. With an average rental yield of 7% and an appreciation rate of 4%, it’s an attractive market to consider. The area's strong job growth and healthy rental demand ensure good cash flow potential for property owners.
12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average price of homes in Merritt Island currently hovers around $280,000, making it a competitive market for buyers considering options under $300k.
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