I have done a search for the low income home below the $500/mo range and there are only a few at that price point and they are mostly located in Titusville and Cocoa. I understand you do not prefer a 55+ community, but I encourage you to take a look at a few of them located in Melbourne and see what they have to offer. At $500/mo your best bet is to purchase a smaller home using the Florida Bond program if your credit rating is at least 640 for FHA loans or 620 for Conventional loans. I can assist you in finding these types of places on your budget and would love to help! Give me a call at 321-243-2734 or email at: email@example.com.
I look forward to assisting you in your home search!
By Richard Zacke, Realtor
Exit First Class Realty
Direct #: 321-243-2734