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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lake Park, FL
Currently Rented
$ 224,900
ROI
20.2
Cash Flow/m
26- 2 Bed
- 2 Bath
- 824 sft
531 W Kalmia Dr APT 5, Lake Park, FL, 33403
$ 599,000
ROI
23.8Cash Flow/m
616- 3 Bed
- 3 Bath
- 2024 sft
807 5th Street, Lake Park, FL, 33403
$ 410,000
ROI
29.7Cash Flow/m
1136- 3 Bed
- 2 Bath
- 1537 sft
545 Flagler Boulevard, Lake Park, FL, 33403
$ 524,000
ROI
23.3Cash Flow/m
468- 3 Bed
- 3 Bath
- 1304 sft
136 Evergreen Dr, Lake Park, FL, 33403
Why Invest in Lake Park, Florida?
Investing in Lake Park, FL offers a unique opportunity, especially for individuals interested in multifamily properties. With a rental yield averaging around 6.5%, Lake Park's housing market presents appealing returns for investors. The city benefits from a vibrant economy and enjoys a consistent appreciation rate of about 4% year-over-year. Additionally, as an area with a significant proportion of renter-occupied homes, there is a steady demand for rental properties.
7%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Lake Park is approximately $1,500 per month, which is competitive compared to neighboring areas.
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