Investment Properties for Sale in Lake Park, FL
Rental Income
Listed for sale 6 days ago
$ 499,000
ROI
20.9
Cash Flow/m
159- 3 Bed
- 1 Bath
- 1318 sft
500 EVERGREEN Drive, Lake Park, FL, 33403
$ 489,900
ROI
28.0Cash Flow/m
1130- 3 Bed
- 2 Bath
- 1676 sft
207 BAYBERRY Drive, Lake Park, FL, 33403
$ 384,000
ROI
20.6Cash Flow/m
86- 2 Bed
- 2 Bath
- 1363 sft
401 Lake Shore Drive #802, Lake Park, FL, 33403
$ 430,000
ROI
26.5Cash Flow/m
812- 3 Bed
- 2 Bath
- 1232 sft
268 Bayberry 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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