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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lake Alfred, FL

$ 200,000
ROI
25.4
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1215 sft
2045 Thelma Dr, Lake Alfred, FL, 33850

$ 134,900
ROI
30.8
Cash Flow/m
413- 2 Bed
- 2 Bath
- 784 sft
1935 Regina Dr, Lake Alfred, FL, 33850

Currently Rented
$ 149,900
ROI
27.4
Cash Flow/m
319- 2 Bed
- 2 Bath
- 1428 sft
1901 Us Highway 17 West 68 #92, Lake Alfred, FL, 33850

$ 133,000
ROI
33.9
Cash Flow/m
523- 2 Bed
- 2 Bath
- 840 sft
2020 Thelma Dr, Lake Alfred, FL, 33850
Why Invest in Lake Alfred, Florida?
Investing in Lake Alfred, Florida, particularly in properties under $200k, offers enticing opportunities for savvy investors. This area boasts an attractive blend of affordability and solid rental demand, making it a prime spot for generating passive income. With a healthy average rental yield and moderate appreciation, your investment can thrive in this burgeoning market.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Lake Alfred is approximately $1,200 per month, making it an affordable option in Florida.
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