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

Fix & Flip
Motivated Seller
Listed for sale today
$ 190,000
ROI
24.0
Cash Flow/m
224- 3 Bed
- 2 Bath
- 2074 sft
449 Glenkirk Way, Lake Alfred, FL, 33850

Listed for sale 6 days ago
$ 300,000
ROI
24.9
Cash Flow/m
432- 3 Bed
- 2 Bath
- 1849 sft
450 E Pomelo St, Lake Alfred, FL, 33850

$ 219,500
ROI
21.2
Cash Flow/m
87- 3 Bed
- 1 Bath
- 1220 sft
140 E Thelma St, Lake Alfred, FL, 33850

$ 265,000
ROI
25.2
Cash Flow/m
403- 3 Bed
- 2 Bath
- 1380 sft
640 E Cummings St, Lake Alfred, FL, 33850
Why Invest in Lake Alfred, Florida?
Investing in Lake Alfred under $300k offers a unique opportunity to tap into a growing market with affordable housing prices. With a strong community vibe and easy access to major highways, this area is attracting homebuyers and investors alike. Furthermore, Lake Alfred features a rental yield of approximately 7%, making it an enticing option for investors looking for solid cash flow.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Lake Alfred is around $1,200 per month, making it an affordable option for renters in the area.
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