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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lake Alfred, FL
Listed for sale 5 days ago
$ 382,140
ROI
22.0
Cash Flow/m
241- 4 Bed
- 3 Bath
- 2168 sft
646 Pennywort St, Lake Alfred, FL, 33850
Listed for sale 5 days ago
$ 392,320
ROI
22.8Cash Flow/m
334- 4 Bed
- 3 Bath
- 2387 sft
638 Pennywort St, Lake Alfred, FL, 33850
Listed for sale 6 days ago
$ 300,000
ROI
24.9Cash Flow/m
432- 3 Bed
- 2 Bath
- 1849 sft
450 E Pomelo St, Lake Alfred, FL, 33850
$ 219,500
ROI
21.2Cash Flow/m
87- 3 Bed
- 1 Bath
- 1220 sft
140 E Thelma St, Lake Alfred, FL, 33850
Why Invest in Lake Alfred, Florida?
Investing in Lake Alfred, FL offers unique opportunities, especially for those looking for single-family homes. With an average rental yield of 6% and a cap rate of around 8%, this city is becoming increasingly attractive for real estate investors. The area's appreciation rate is steady at 4%, making it a promising location for long-term investments.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Lake Alfred is approximately $1,500 per month, making it affordable compared to nearby cities. This affordability is part of what draws renters to the area.
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