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

Listed for sale 1 day ago
$ 349,000
ROI
28.4
Cash Flow/m
836- 4 Bed
- 2 Bath
- 1657 sft
247 SW Jewel Lake Dr, Lake City, FL, 32024

Listed for sale 1 day ago
$ 245,000
ROI
21.7
Cash Flow/m
132- 3 Bed
- 2 Bath
- 1352 sft
1292 NW Moore Rd, Lake City, FL, 32055

Listed for sale 1 day ago
$ 299,900
ROI
20.3
Cash Flow/m
44- 3 Bed
- 2 Bath
- 1766 sft
191 SE Cheyenne Ct, Lake City, FL, 32025

Listed for sale 1 day ago
$ 219,000
ROI
29.3
Cash Flow/m
581- 3 Bed
- 2 Bath
- 1237 sft
1395 SE Loquat Way, 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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