Condo Investment Properties for Sale in West Melbourne, FL
$ 205,500
ROI
20.4
Cash Flow/m
38- 2 Bed
- 2 Bath
- 1520 sft
728 Greenwood Manor Cir #19-D, West Melbourne, FL, 32904
$ 210,000
ROI
19.9Cash Flow/m
8- 2 Bed
- 3 Bath
- 1276 sft
627 Greenwood Manor Cir #33-H, West Melbourne, FL, 32904
$ 179,900
ROI
28.3Cash Flow/m
426- 2 Bed
- 2 Bath
- 1072 sft
7820 Shadowood Dr APT 310, West Melbourne, FL, 32904
$ 255,000
ROI
20.8Cash Flow/m
75- 3 Bed
- 2 Bath
- 1320 sft
607 Saint Albans Ct #18A, West Melbourne, FL, 32904
Why Invest in West Melbourne, Florida?
Investing in condos in West Melbourne, FL, offers potential for appreciation and steady rental income. With a rental yield of around 6% and average rents hitting $1,500, this area is becoming increasingly desirable. The average cash flow from condo investments is around $200, making it an attractive option for investors.
7.5%
Avg. ROI
6%
Rental Yield
5.2%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in West Melbourne is approximately $1,500, making it a competitive market for both investors and renters.
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