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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lake City, FL
Motivated Seller
Listed for sale 5 days ago
$ 124,900
ROI
23.1
Cash Flow/m
117- 3 Bed
- 1 Bath
- 960 sft
21256 49th Dr, Lake City, FL, 32024
Listed for sale 7 days ago
$ 185,000
ROI
23.7Cash Flow/m
201- 3 Bed
- 2 Bath
- 1980 sft
280 NW Kensington Ln, Lake City, FL, 32055
Listed for sale 7 days ago
$ 149,900
ROI
23.0Cash Flow/m
135- 3 Bed
- 1 Bath
- 1243 sft
656 NE Lake Dr, Lake City, FL, 32055
$ 100,000
ROI
23.4Cash Flow/m
101- 3 Bed
- 1 Bath
- 972 sft
321 SE Andrew Park Dr, Lake City, FL, 32025
Why Invest in Lake City, Florida?
Investing in Lake City, FL provides opportunities with properties under $200k that yield attractive returns for investors. With a strong rental market and reasonable entry prices, this locale is ideal for those looking to maximize cash flow. The average rent is currently competitive, making it an excellent choice for rental investments.
8.5%
Avg. ROI
7.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Lake City is approximately $1,200 per month, making it affordable compared to many other areas in Florida.
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