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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Key West, FL
$ 181,079
ROI
41.8
Cash Flow/m
1109- 1 Bed
- 1 Bath
- 528 sft
3312 Northside Dr APT 205, Key West, FL, 33040
$ 199,000
ROI
119.6Cash Flow/m
5531- - Bed
- - Bath
- - sft
Vacant Land Saddle, Key West, FL, 33040
Airbnb Potential
$ 155,000
ROI
24.1Cash Flow/m
185- 1 Bed
- 2 Bath
- 500 sft
1801 N Roosevelt Blvd UNIT TARPON 16 TARPON 16, Key West, FL, 33040
$ 155,000
ROI
23.2Cash Flow/m
148- 1 Bed
- 2 Bath
- 500 sft
1801 N Roosevelt Boulevard #Tarpon 16, Key West, FL, 33040
Why Invest in Key West, Florida?
Investing in Key West properties priced under $200k offers a unique opportunity in the vibrant Florida Keys market. With an average rental yield of 6.5% and steady demand from tourists and locals alike, these affordable properties stand to generate strong cash flow. The area's appeal as a vacation destination ensures a consistent influx of visitors, enhancing the investment potential.
8%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
You can find various types of properties under $200k, including studio apartments and small single-family homes, although inventory may be limited. These properties often appeal to investors seeking rental opportunities due to strong tourism demand.
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