Under $500K Investment Properties for Sale in Lake City, FL

Listed for sale 1 day ago
$ 350,000
ROI
23.0
Cash Flow/m
316- 3 Bed
- 2 Bath
- 2271 sft
731 SW Sabre Ave, Lake City, FL, 32024

Listed for sale 2 days ago
$ 230,000
ROI
24.9
Cash Flow/m
329- 2 Bed
- 2 Bath
- 1024 sft
1030 SW Rossborough Ct, Lake City, FL, 32025

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

Fix & Flip
Listed for sale 2 days ago
$ 225,000
ROI
20.3
Cash Flow/m
31- 4 Bed
- 2 Bath
- 1465 sft
223 SE VICTORIA Glen, Lake City, FL, 32025
Why Invest in Lake City, Florida?
Investing in Lake City, FL, presents an enticing opportunity with homes available for under $500k. This area boasts a favorable rental market, attracting both renters and investors seeking reasonable cash flow options. With average rental yields around 6% and a stable appreciation rate of 3%, Lake City offers a solid investment landscape.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Lake City is around $1,200 per month, making it affordable compared to many other areas in Florida.
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