Under $500K Investment Properties for Sale in Altoona, FL

Motivated Seller
$ 108,400
ROI
23.9
Cash Flow/m
125- 3 Bed
- 2 Bath
- 1664 sft
20832 South Rd, Altoona, FL, 32702

$ 184,900
ROI
24.4
Cash Flow/m
240- 3 Bed
- 2 Bath
- 1620 sft
20315 GREENWING ROAD, Altoona, FL, 32702

Fix & Flip
$ 119,900
ROI
23.1
Cash Flow/m
112- 3 Bed
- 2 Bath
- 1248 sft
45901 MICHIGAN ROAD, Altoona, FL, 32702

$ 129,000
ROI
26.8
Cash Flow/m
254- 3 Bed
- 2 Bath
- 1150 sft
20406 Blue Wing Rd, Altoona, FL, 32702
Why Invest in Altoona, Florida?
Altoona, FL offers unique opportunities for investors looking for properties under $500k. With a stable rental market, the area boasts a competitive average cash flow and attractive rental yields that can benefit your portfolio. The city is experiencing steady economic growth, making it an opportune time to invest in this vibrant community.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Altoona is approximately $1,500, which reflects the growing demand for rental properties in the area.
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