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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 5 days ago
$ 382,140
ROI
22.0Cash 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
Why Invest in Lake Alfred, Florida?
Investing in Lake Alfred presents a unique opportunity, especially for properties under $500k. With a growing rental market and affordable housing options, the area attracts investors seeking solid returns. The average rental yield is competitive, making it an appealing choice for those looking to add to their portfolios.
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 rental prices in Lake Alfred are around $1,200, with competitive rates for the area. Investors can expect solid returns on their properties due to the ongoing demand.
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