Under $300K Investment Properties for Sale in West Melbourne, FL
Listed for sale 2 days ago
$ 275,000
ROI
23.0
Cash Flow/m
244- 2 Bed
- 2 Bath
- 1179 sft
413 Daniel Dr, West Melbourne, FL, 32904
$ 179,900
ROI
20.6Cash Flow/m
42- 2 Bed
- 2 Bath
- 1338 sft
512 Susan Dr, West Melbourne, FL, 32904
$ 205,500
ROI
20.4Cash 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
Why Invest in West Melbourne, Florida?
Investing in West Melbourne, FL offers the opportunity to consider properties under $300k in a growing locale. With a steady average rental yield of around 7% and a promising appreciation rate of 3% annually, this area is attracting a mix of families and professionals. The rental market remains competitive, providing favorable cash flow potential for investors.
12%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in West Melbourne is approximately $1,500 per month, making it affordable for many residents and appealing to investors.
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