Under $200K Investment Properties for Sale in Lake City, FL
Listed for sale 2 days ago
$ 159,950
ROI
30.9
Cash Flow/m
496- 3 Bed
- 2 Bath
- 1928 sft
709 NW PALM DRIVE, Lake City, FL, 32055
Listed for sale 3 days ago
$ 120,000
ROI
28.7Cash Flow/m
299- 1 Bed
- - Bath
- 640 sft
509 NW Rebel Pl, Lake City, FL, 32055
Listed for sale 4 days ago
$ 122,000
ROI
23.0Cash Flow/m
108- 3 Bed
- 2 Bath
- 1432 sft
20811 25th Rd, Lake City, FL, 32024
Listed for sale 7 days ago
$ 144,900
ROI
31.8Cash Flow/m
487- 3 Bed
- 2 Bath
- 882 sft
640 NE Lake Drive, Lake City, FL, 32055
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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