Under $500K 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
Listed for sale 2 days ago
$ 425,000
ROI
19.8Cash Flow/m
6- 3 Bed
- 3 Bath
- 1980 sft
435 Lemon Grove Ave, West Melbourne, FL, 32904
Listed for sale 3 days ago
$ 400,000
ROI
27.0Cash Flow/m
800- 3 Bed
- 3 Bath
- 1899 sft
1455 Sumter Ln, West Melbourne, FL, 32904
Listed for sale 5 days ago
$ 312,790
ROI
23.7Cash Flow/m
339- 3 Bed
- 3 Bath
- 1699 sft
5108 Sunrise Estates Dr, West Melbourne, FL, 32904
Why Invest in West Melbourne, Florida?
Investing in West Melbourne, FL can be an excellent opportunity, especially for properties priced under $500k. With its appealing climate and growing economy, this city offers solid investment potential. The local rental market boasts an attractive average rent and stable cash flow, making it a desirable area for both new and experienced investors.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
The average rent in West Melbourne is approximately $1,500 per month, making it an affordable option for renters.
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