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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Alachua, FL
Listed for sale 6 days ago
$ 239,900
ROI
27.0
Cash Flow/m
480- 2 Bed
- 2 Bath
- 1356 sft
6617 NW 114th Ln #6617, Alachua, FL, 32615
$ 249,000
ROI
26.6Cash Flow/m
471- 3 Bed
- 3 Bath
- 2667 sft
6522 NW 115th Ln, Alachua, FL, 32615
$ 231,500
ROI
27.1Cash Flow/m
476- 2 Bed
- 2 Bath
- 1202 sft
6351 NW 106th Pl, Alachua, FL, 32615
$ 283,500
ROI
24.8Cash Flow/m
399- 2 Bed
- 2 Bath
- 1311 sft
6245 NW 106th Pl #6245, Alachua, FL, 32615
Why Invest in Alachua, Florida?
Investing in condominiums in Alachua, FL offers a unique opportunity due to its growing rental market. With an average rental yield of 6% and a competitive cap rate around 7.5%, investors can expect strong cash flows. Additionally, the local appreciation rate stands at 4% which makes this an attractive option for long-term investment.
10%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Alachua is approximately $2,000 per month, which reflects the growing demand for rental properties in the area.
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