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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in West Melbourne, FL
Listed for sale 1 day ago
$ 242,000
ROI
21.5
Cash Flow/m
118- 4 Bed
- 3 Bath
- 2022 sft
873 Greenwood Manor Cir #3-B, West Melbourne, FL, 32904
$ 254,900
ROI
20.7Cash Flow/m
64- 3 Bed
- 2 Bath
- 1320 sft
9015 Scarsdale Ct #28A, West Melbourne, FL, 32904
$ 219,000
ROI
20.0Cash Flow/m
13- 2 Bed
- 2 Bath
- 1182 sft
9002 Manchester Ln APT H, West Melbourne, FL, 32904
$ 189,900
ROI
20.4Cash Flow/m
35- 2 Bed
- 2 Bath
- 938 sft
625 Greenwood Village Blvd #17G, 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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