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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
Listed for sale 3 days ago
$ 275,000
ROI
26.2
Cash Flow/m
490- 3 Bed
- 2 Bath
- 1350 sft
226 Pigeon Ave NE, Palm Bay, FL, 32907
Motivated Seller
$ 275,000
ROI
27.9Cash Flow/m
623- 3 Bed
- 2 Bath
- 1500 sft
1252 Glencove Ave NW, PALM BAY, FL, 32907
Listed for sale 3 days ago
$ 300,000
ROI
24.7Cash Flow/m
409- 3 Bed
- 2 Bath
- 1350 sft
1356 Torgerson Rd SE, Palm Bay, FL, 32909
Listed for sale 3 days ago
$ 260,000
ROI
31.2Cash Flow/m
829- 3 Bed
- 2 Bath
- 1053 sft
2310 Port Malabar Blvd NE, Palm Bay, FL, 32905
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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