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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Palm Bay, FL
Motivated Seller
Listed for sale today
$ 149,999
ROI
23.7
Cash Flow/m
164- 2 Bed
- 2 Bath
- 1302 sft
1805 Mango St NE, Palm Bay, FL, 32905
Listed for sale 1 day ago
$ 284,900
ROI
25.7Cash Flow/m
468- 2 Bed
- 2 Bath
- 1680 sft
3494 Hyperion Way SE, Palm Bay, FL, 32909
Listed for sale 1 day ago
$ 289,900
ROI
24.9Cash Flow/m
416- 3 Bed
- 2 Bath
- 1625 sft
760 Gillen Ave NW, Palm Bay, FL, 32907
Listed for sale 2 days ago
$ 260,000
ROI
20.3Cash Flow/m
39- 3 Bed
- 3 Bath
- 1749 sft
1517 Wake Forest Rd NW, Palm Bay, FL, 32907
Why Invest in Palm Bay, Florida?
Palm Bay, FL offers strong investment potential in homes under $300k, with affordable entry points for rental properties. Average rents support solid cash flow while steady appreciation builds long-term wealth. Cap rates around 7-8% attract value investors seeking high rental yields. Renter-occupied housing exceeds 30%, ensuring reliable tenant demand. Proximity to Melbourne's job centers enhances workforce appeal for investors.
9.2%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Average monthly rent for single-family homes and condos under $300k is around $1,450. This supports strong cash flow for investors. Demand remains high due to workforce growth.
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