Real Estate Investment Properties for Sale in Melville, NY

Looking for investment property in Melville, NY with high ROI ?

Explore a variety of short-term homes & houses in Melville, NY. Invest wisely with VRBO & Melville, NY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melville, NY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
42 Beaumont Drive Melville, NY Tucked away and perfectly situated on .77 park like acres in the Half Hollow Hills East Sc...	4 beds \| 3 baths \| N/A	$1,239,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 1.77% Airbnb Rental Income: $5060 Traditional Rental Income: $5318 Airbnb ROI: 0.65% Traditional ROI: 1.77%
10 Glendale Drive Melville, NY Welcome to this stunning 3-bedroom split-level home nestled in the highly sought-after Tri...	3 beds \| 2 baths \| N/A	$779,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 1.61% Airbnb Rental Income: $5550 Traditional Rental Income: $3249 Airbnb ROI: 3.25% Traditional ROI: 1.61%
937 Walt Whitman Road Melville, NY Great Location and Fantastic Property Located in the Half Hollow Hills School District. T...	3 beds \| 1 baths \| N/A	$899,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 1.36% Airbnb Rental Income: $5550 Traditional Rental Income: $3670 Airbnb ROI: 2.27% Traditional ROI: 1.36%
Lot 15 Equestrian Lane Melville, NY This exclusive collection of 21 brand new luxury homes is ideally located in the heart of ...	4 beds \| 5 baths \| N/A	$2,450,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 0.24% Airbnb Rental Income: $5060 Traditional Rental Income: $6811 Airbnb ROI: -0.98% Traditional ROI: 0.24%
6 Morley Circle #. Melville, NY Welcome To Care Free Living In This Active 62 Or Better GATED Community With LOW..LOW..TAX...	2 beds \| 2 baths \| N/A	$518,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.18% Airbnb Rental Income: $3038 Traditional Rental Income: $3457 Airbnb ROI: 1.88% Traditional ROI: 4.18%
Lot 1 Equestrian Lane Melville, NY This exclusive collection of 21 brand new luxury homes is ideally located in the heart of ...	5 beds \| 5 baths \| 4,500 sq.ft.	$2,450,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.84% Airbnb Rental Income: $null Traditional Rental Income: $8169 Airbnb ROI: N/A Traditional ROI: 0.84%
40 Altamore Street Melville, NY Welcome to 40 Altamore Street. This stunning 4-bedroom, 3.5 bath home is nestled in the he...	4 beds \| 4 baths \| 3,000 sq.ft.	$1,249,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 2.5% Airbnb Rental Income: $5060 Traditional Rental Income: $5757 Airbnb ROI: 1.01% Traditional ROI: 2.5%
18 Nursery Road Melville, NY Uncover the allure of this captivating Split Colonial nestled in Melville's scenic Rolling...	4 beds \| 2 baths \| N/A	$749,999	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.12% Airbnb Rental Income: $5060 Traditional Rental Income: $4207 Airbnb ROI: 2.86% Traditional ROI: 3.12%
1156 Savoy Drive #2 Melville, NY Step into The Greens at Half Hollow, an exclusive Luxury Gated Community. This residence f...	2 beds \| 2 baths \| 1,100 sq.ft.	$619,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.63% Airbnb Rental Income: $3038 Traditional Rental Income: $2976 Airbnb ROI: 1.53% Traditional ROI: 2.63%
136 Brattle Circle #136 Melville, NY Beautiful and Immaculate First Floor Condo Available in the Luxurious Villages West Gated ...	2 beds \| 2 baths \| N/A	$619,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 2.49% Airbnb Rental Income: $3038 Traditional Rental Income: $3438 Airbnb ROI: 0.59% Traditional ROI: 2.49%
8 Van Alst Melville, NY Nestled in a beautiful and quiet neighborhood, this home offers the perfect blend of comfo...	3 beds \| 3 baths \| N/A	$720,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 3.95% Airbnb Rental Income: $5550 Traditional Rental Income: $4521 Airbnb ROI: 3.82% Traditional ROI: 3.95%
262 Altessa Boulevard #262 Melville, NY *PRICE JUST REDUCED* LUXURIOUS VILLA IN THE GREENS with FULL FINISHED BASEMENT. Gle...	3 beds \| 4 baths \| N/A	$1,399,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 0.85% Airbnb Rental Income: $5550 Traditional Rental Income: $4508 Airbnb ROI: 0.79% Traditional ROI: 0.85%
206 Montecito Crescent #206 Melville, NY PRICE JUST REDUCED!!! Largest VILLA in THE GREENS with PRIVATE ELEVATOR. Elegant Viscaya m...	3 beds \| 3 baths \| N/A	$1,399,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 0.65% Airbnb Rental Income: $5550 Traditional Rental Income: $4256 Airbnb ROI: 0.78% Traditional ROI: 0.65%
383 Altessa Boulevard #383 Melville, NY Prime location!!! Sprawling Valencia Ranch. Covered entry with dramatic foyer, 9ft ceilin...	2 beds \| 2 baths \| N/A	$1,299,999	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.1% Airbnb Rental Income: $3038 Traditional Rental Income: $3224 Airbnb ROI: -0.63% Traditional ROI: 0.1%
841 Madeira Boulevard #1 Melville, NY MOVE RIGHT IN! - Totally Stair-Free - First Floor - 2-Bedroom, 2-Bathroom Condo - 55+ Gree...	2 beds \| 2 baths \| N/A	$675,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.55% Airbnb Rental Income: $3038 Traditional Rental Income: $3114 Airbnb ROI: 1.32% Traditional ROI: 2.55%
304 Madeira Boulevard #1 Melville, NY Stunning Valencia Ranch Model with a full finished basement on the Golf Course and by the ...	2 beds \| 3 baths \| 2,500 sq.ft.	$1,649,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.41% Airbnb Rental Income: $3038 Traditional Rental Income: $4045 Airbnb ROI: -0.71% Traditional ROI: 0.41%
403 Madeira Boulevard #403 Melville, NY Magazine worthy and sought after desirable Mirasol model- end unit with 2 car garage and m...	3 beds \| 3 baths \| N/A	$1,499,999	Airbnb cash on cash: 1.1% Traditional cash on cash: 1.06% Airbnb Rental Income: $5550 Traditional Rental Income: $4389 Airbnb ROI: 1.1% Traditional ROI: 1.06%
6 Pineridge Street Melville, NY Fabulous opportunity to make this double lot your dream home. A 2 bed 1 bath cape with a d...	2 beds \| 1 baths \| N/A	$499,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 3.92% Airbnb Rental Income: $3038 Traditional Rental Income: $3122 Airbnb ROI: 2.25% Traditional ROI: 3.92%
116 Rivendell #116 Melville, NY This 3-bedroom, 2.5-bathroom Auden model townhouse in the gated community of Villages West...	3 beds \| 3 baths \| N/A	$879,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.42% Airbnb Rental Income: $5550 Traditional Rental Income: $4708 Airbnb ROI: 2.09% Traditional ROI: 2.42%
114 Forster Place Melville, NY Welcome to the Villages at Huntington, an exclusive gated community known for its luxuriou...	4 beds \| 3 baths \| 3,200 sq.ft.	$1,550,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.82% Airbnb Rental Income: $5060 Traditional Rental Income: $4819 Airbnb ROI: 0.28% Traditional ROI: 0.82%
102 Forster Place Melville, NY Desirable 4-Bedroom, Well-Maintained, and Meticulously Cared-For Bennington Model Colonial...	4 beds \| 3 baths \| 3,200 sq.ft.	$1,299,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.33% Airbnb Rental Income: $5060 Traditional Rental Income: $4947 Airbnb ROI: 0.57% Traditional ROI: 1.33%
1084 Savoy Drive #1084 Melville, NY Resort Living at The Greens at Half Hollow! Gated Community With Manned Security 24/7. Enj...	2 beds \| 2 baths \| N/A	$649,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.13% Airbnb Rental Income: $3038 Traditional Rental Income: $3355 Airbnb ROI: 1.46% Traditional ROI: 3.13%
1119 Savoy Drive #1119 Melville, NY Live that country club lifestyle with a highly sought after sparkling clean lower level 2 ...	2 beds \| 2 baths \| N/A	$620,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.07% Airbnb Rental Income: $3038 Traditional Rental Income: $3209 Airbnb ROI: 1.57% Traditional ROI: 3.07%
17 Glendale Drive Melville, NY Location! 3 bedroom, 1. bath Split located in the desirable Triangle section of Melville. ...	3 beds \| 2 baths \| N/A	$645,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.21% Airbnb Rental Income: $5550 Traditional Rental Income: $3906 Airbnb ROI: 4.09% Traditional ROI: 3.21%
14 Richbourne Lane Melville, NY This is a bank owned property, Colonial 5 bedrooms, 2 baths. This Home Offers Endless Poss...	5 beds \| 3 baths \| N/A	$989,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $4751 Airbnb ROI: N/A Traditional ROI: 1.64%
22 Apricot Court #- Melville, NY Welcome home to your Country Club Lifestyle. This Townhouse is designed with contemporary ...	3 beds \| 4 baths \| N/A	$849,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 2.11% Airbnb Rental Income: $5550 Traditional Rental Income: $4436 Airbnb ROI: 2.11% Traditional ROI: 2.11%
816 Portofino Place #816 Melville, NY Welcome To The Greens, a vibrant 55+ community where relaxation and enjoyment come togethe...	2 beds \| 2 baths \| N/A	$609,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.88% Airbnb Rental Income: $3038 Traditional Rental Income: $3673 Airbnb ROI: 1.54% Traditional ROI: 3.88%
3 Earl Road Melville, NY This beautifully renovated 5-bedroom residence combines modern luxury with comfortable liv...	5 beds \| 4 baths \| 3,200 sq.ft.	$980,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $6327 Airbnb ROI: N/A Traditional ROI: 4.28%
14 Fletcher Melville, NY Introducing this 5 bedroom 2 bath colonial with front porch a full basement. This is locat...	5 beds \| 2 baths \| 1,960 sq.ft.	$584,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $3228 Airbnb ROI: N/A Traditional ROI: 2.98%
21 Elderwood Lane Melville, NY Welcome to 21 Elderwood Ln, Conveniently Located in the Country Village Section of Melvill...	4 beds \| 3 baths \| N/A	$929,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.61% Airbnb Rental Income: $5060 Traditional Rental Income: $5411 Airbnb ROI: 2.01% Traditional ROI: 3.61%
30 Honeysuckle Court Melville, NY This elegant and spacious colonial Located in the desirable Half Hollow Hills School distr...	5 beds \| 4 baths \| N/A	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $6392 Airbnb ROI: N/A Traditional ROI: 3.26%
107 Brattle Circle #107 Melville, NY Welcome to this beautifully appointed, ground level, end unit, Auden model located in the ...	2 beds \| 2 baths \| N/A	$649,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.11% Airbnb Rental Income: $3038 Traditional Rental Income: $3763 Airbnb ROI: 0.76% Traditional ROI: 3.11%
268 Rivendell #268 Melville, NY Largest Fairmont Model in the Villages West! This Gorgeous Townhome Has Lots of Updates an...	3 beds \| 3 baths \| 2,389 sq.ft.	$1,149,999	Airbnb cash on cash: 1.35% Traditional cash on cash: 1.22% Airbnb Rental Income: $5550 Traditional Rental Income: $4293 Airbnb ROI: 1.35% Traditional ROI: 1.22%
104 Morley Circle #. Melville, NY Discover Leisurely Living In This GATED Active 62 Or Better CORNER CONDO With LOW..LOW..TA...	2 beds \| 2 baths \| 1,167 sq.ft.	$549,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.84% Airbnb Rental Income: $3038 Traditional Rental Income: $2939 Airbnb ROI: 1.67% Traditional ROI: 2.84%
15 Woodmont Road Melville, NY Renovated in 2017, this beautiful 5 bedroom, 3 full bath Farm Ranch is situated on a priva...	5 beds \| 3 baths \| N/A	$1,525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $5242 Airbnb ROI: N/A Traditional ROI: 1.47%
88 Morley Circle #88 Melville, NY Welcome to this charming two-bedroom, two bath unit in a desirable 62-and-over gated commu...	2 beds \| 2 baths \| N/A	$545,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.83% Airbnb Rental Income: $3038 Traditional Rental Income: $3429 Airbnb ROI: 1.69% Traditional ROI: 3.83%
11 Lyndon Place Melville, NY Located in the highly desirable, gated community of the Villages of Huntington, offering c...	3 beds \| 2 baths \| 2,000 sq.ft.	$1,140,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 0.98% Airbnb Rental Income: $5550 Traditional Rental Income: $3799 Airbnb ROI: 1.58% Traditional ROI: 0.98%
18 Montrose Place Melville, NY Welcome to 18 Montrose Place, a stunning residence nestled in an extremely sought-after ne...	5 beds \| 3 baths \| N/A	$1,199,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.44% Airbnb Rental Income: $null Traditional Rental Income: $4767 Airbnb ROI: N/A Traditional ROI: 1.44%
6 Inwood Place Melville, NY Melville, Fabulous Country Village Colonial located in the Half Hollow Hills School Distri...	3 beds \| 2 baths \| N/A	$899,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 1.7% Airbnb Rental Income: $5550 Traditional Rental Income: $3573 Airbnb ROI: 2.73% Traditional ROI: 1.7%
598 Bardini Drive #598 Melville, NY Rare Find! Clean and Spacious "Medici Model" Townhouse with FULL BASEMENT in the Fabulous ...	2 beds \| 3 baths \| N/A	$975,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.63% Airbnb Rental Income: $3038 Traditional Rental Income: $3664 Airbnb ROI: 0.17% Traditional ROI: 1.63%

Real Estate investment in Melville, NY

There are 45 properties for sale in the city of Melville . The median list price in Melville is $929,000 and the average price per square foot is $379. In November 2024, the average monthly cash on cash return in Melville is 2.00%. The average monthly rental income in Melville is $4,207.

Melville, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 45 investment properties available for sale in Melville.

In 2024, the best neighborhood to buy investment property is Melville.

The ROI for Short-Term is higher than the Long-Term in Melville with average rental income of $5,060.

Your search for investment property begins and ends here

Investment Property for Sale in Melville, NY

42 Beaumont Drive

Melville, NY

4 beds | 3 baths | N/A

$1,239,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 1.77%

Airbnb Rental Income: $5060

Traditional Rental Income: $5318

Airbnb ROI: 0.65%

Traditional ROI: 1.77%

10 Glendale Drive

Melville, NY

3 beds | 2 baths | N/A

$779,000

Airbnb cash on cash: 3.25%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $5550

Traditional Rental Income: $3249

Airbnb ROI: 3.25%

Traditional ROI: 1.61%

937 Walt Whitman Road

Melville, NY

3 beds | 1 baths | N/A

$899,000

Airbnb cash on cash: 2.27%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $5550

Traditional Rental Income: $3670

Airbnb ROI: 2.27%

Traditional ROI: 1.36%

Lot 15 Equestrian Lane

Melville, NY

4 beds | 5 baths | N/A

$2,450,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $5060

Traditional Rental Income: $6811

Airbnb ROI: -0.98%

Traditional ROI: 0.24%

6 Morley Circle #.

Melville, NY

2 beds | 2 baths | N/A

$518,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $3038

Traditional Rental Income: $3457

Airbnb ROI: 1.88%

Traditional ROI: 4.18%

Lot 1 Equestrian Lane

Melville, NY

5 beds | 5 baths | 4,500 sq.ft.

$2,450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.84%

Airbnb Rental Income: $null

Traditional Rental Income: $8169

Airbnb ROI: N/A

Traditional ROI: 0.84%

40 Altamore Street

Melville, NY

4 beds | 4 baths | 3,000 sq.ft.

$1,249,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $5060

Traditional Rental Income: $5757

Airbnb ROI: 1.01%

Traditional ROI: 2.5%

18 Nursery Road

Melville, NY

4 beds | 2 baths | N/A

$749,999

Airbnb cash on cash: 2.86%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $5060

Traditional Rental Income: $4207

Airbnb ROI: 2.86%