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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 today
$ 289,900
ROI
24.9
Cash Flow/m
416- 3 Bed
- 2 Bath
- 1521 sft
1233 Ach Ct NW, Palm Bay, FL, 32907
Listed for sale today
$ 279,900
ROI
21.6Cash Flow/m
145- 3 Bed
- 2 Bath
- 1314 sft
190 Silver Frost St SE, Palm Bay, FL, 32909
Listed for sale today
$ 259,000
ROI
28.1Cash Flow/m
598- 3 Bed
- 2 Bath
- 1146 sft
1180 Goldenrod Cir NE, Palm Bay, FL, 32905
Motivated Seller
Listed for sale 1 day ago
$ 234,900
ROI
31.7Cash Flow/m
781- 3 Bed
- 2 Bath
- 1450 sft
1598 Starboard St 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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