Real Estate Investment Properties for Sale in Melrose, NY

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

Explore a variety of short-term homes & houses in Melrose, NY. Invest wisely with VRBO & Melrose, 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 Melrose, NY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
17 Johnny Cake Hollow Rd Melrose, NY 17 Johnny Cake Hollow Rd, Melrose, NY 12121 \| Single Family Residential	5 beds \| 3 baths \| 3,575 sq.ft.	$486,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.53% Airbnb Rental Income: $null Traditional Rental Income: $4298 Airbnb ROI: N/A Traditional ROI: 6.53%
431 Melrose Valley Falls Rd Melrose, NY 431 Melrose Valley Falls Rd, Melrose, NY 12121 \| Single Family Residential	4 beds \| 2 baths \| 2,080 sq.ft.	$439,500	Airbnb cash on cash: 7.24% Traditional cash on cash: 4.6% Airbnb Rental Income: $5249 Traditional Rental Income: $3101 Airbnb ROI: 7.24% Traditional ROI: 4.6%
303 N Pole Rd Melrose, NY 303 N Pole Rd, Melrose, NY 12121 \| Single Family Residential	5 beds \| 2 baths \| 2,200 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $3274 Airbnb ROI: N/A Traditional ROI: 4.69%
6 Campbell Rd Melrose, NY 6 Campbell Rd, Melrose, NY 12121 \| Single Family Residential	3 beds \| 2 baths \| 2,407 sq.ft.	$475,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.38% Airbnb Rental Income: $1737 Traditional Rental Income: $2799 Airbnb ROI: -0.08% Traditional ROI: 3.38%
94 Cushman Rd Melrose, NY 94 Cushman Rd, Melrose, NY 12121 \| Manufactured Home	3 beds \| 2 baths \| 1,950 sq.ft.	$210,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 10.27% Airbnb Rental Income: $1737 Traditional Rental Income: $2674 Airbnb ROI: 3.16% Traditional ROI: 10.27%
717 State Route 40 Melrose, NY 717 State Route 40, Melrose, NY 12121 \| Single Family Residential	3 beds \| 1 baths \| 2,610 sq.ft.	$350,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.68% Airbnb Rental Income: $1737 Traditional Rental Income: $1863 Airbnb ROI: 0.84% Traditional ROI: 2.68%
153 Northline Dr Melrose, NY 153 Northline Dr, Melrose, NY 12121 \| Single Family Residential	2 beds \| 1 baths \| 1,221 sq.ft.	$129,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 10.17% Airbnb Rental Income: $1048 Traditional Rental Income: $1698 Airbnb ROI: 2.06% Traditional ROI: 10.17%
183 Northline Dr Melrose, NY 183 Northline Dr, Melrose, NY 12121 \| Single Family Residential	4 beds \| 2 baths \| 2,252 sq.ft.	$399,999	Airbnb cash on cash: 8.21% Traditional cash on cash: 2.52% Airbnb Rental Income: $5249 Traditional Rental Income: $2053 Airbnb ROI: 8.21% Traditional ROI: 2.52%
124 Mineral Springs Road Melrose, NY Three bedroom ranch on 7 private acres. Great floor plan that includes a formal LR, DR, pr...	3 beds \| 2 baths \| 1,664 sq.ft.	$429,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.19% Airbnb Rental Income: $1737 Traditional Rental Income: $2918 Airbnb ROI: 0.06% Traditional ROI: 4.19%
31 Skyline Drive Melrose, NY Tucked away on over 17 private acres in the heart of Melrose, this lovingly maintained ret...	4 beds \| 3 baths \| 2,593 sq.ft.	$649,900	Airbnb cash on cash: 4.22% Traditional cash on cash: 3.59% Airbnb Rental Income: $5249 Traditional Rental Income: $3805 Airbnb ROI: 4.22% Traditional ROI: 3.59%

Real Estate investment in Melrose, NY

There are 11 properties for sale in the city of Melrose . The median list price in Melrose is $437,250 and the average price per square foot is $236. In September 2026, the average monthly cash on cash return in Melrose is 5.00%. The average monthly rental income in Melrose is $2,567.

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

There are 11 investment properties available for sale in Melrose.

In 2026, the best neighborhood to buy investment property is Melrose.

The ROI for Long-Term is higher than the Short-Term in Melrose with average rental income of $2,567.

Your search for investment property begins and ends here

Investment Property for Sale in Melrose, NY

17 Johnny Cake Hollow Rd

Melrose, NY

5 beds | 3 baths | 3,575 sq.ft.

$486,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.53%

Airbnb Rental Income: $null

Traditional Rental Income: $4298

Airbnb ROI: N/A

Traditional ROI: 6.53%

431 Melrose Valley Falls Rd

Melrose, NY

4 beds | 2 baths | 2,080 sq.ft.

$439,500

Airbnb cash on cash: 7.24%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $5249

Traditional Rental Income: $3101

Airbnb ROI: 7.24%

Traditional ROI: 4.6%

303 N Pole Rd

Melrose, NY

5 beds | 2 baths | 2,200 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.69%

Airbnb Rental Income: $null

Traditional Rental Income: $3274

Airbnb ROI: N/A

Traditional ROI: 4.69%

6 Campbell Rd

Melrose, NY

3 beds | 2 baths | 2,407 sq.ft.

$475,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1737

Traditional Rental Income: $2799

Airbnb ROI: -0.08%

Traditional ROI: 3.38%

94 Cushman Rd

Melrose, NY

3 beds | 2 baths | 1,950 sq.ft.

$210,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 10.27%

Airbnb Rental Income: $1737

Traditional Rental Income: $2674

Airbnb ROI: 3.16%

Traditional ROI: 10.27%

717 State Route 40

Melrose, NY

3 beds | 1 baths | 2,610 sq.ft.

$350,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1737

Traditional Rental Income: $1863

Airbnb ROI: 0.84%

Traditional ROI: 2.68%

153 Northline Dr

Melrose, NY

2 beds | 1 baths | 1,221 sq.ft.

$129,900

Airbnb cash on cash: 2.06%

Traditional cash on cash: 10.17%

Airbnb Rental Income: $1048

Traditional Rental Income: $1698

Airbnb ROI: 2.06%

Traditional ROI: 10.17%

183 Northline Dr

Melrose, NY

4 beds | 2 baths | 2,252 sq.ft.

$399,999

Airbnb cash on cash: 8.21%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $5249

Traditional Rental Income: $2053

Airbnb ROI: 8.21%