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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in West Melbourne, FL
Listed for sale 4 days ago
$ 350,000
ROI
20.5
Cash Flow/m
72- 3 Bed
- 2 Bath
- 1509 sft
6044 Serene Pl, West Melbourne, FL, 32904
Listed for sale 5 days ago
$ 435,000
ROI
22.3Cash Flow/m
308- 4 Bed
- 3 Bath
- 2862 sft
2041 Brookshire Cir, West Melbourne, FL, 32904
Listed for sale 6 days ago
$ 244,900
ROI
29.5Cash Flow/m
662- 3 Bed
- 2 Bath
- 1225 sft
693 John Hancock Ln, West Melbourne, FL, 32904
$ 314,590
ROI
23.5Cash Flow/m
327- 3 Bed
- 3 Bath
- 1699 sft
5107 Morning Dew Laane, 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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