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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lake Placid, FL
Listed for sale today
$ 239,000
ROI
29.2
Cash Flow/m
627- 3 Bed
- 2 Bath
- 1612 sft
125 Lemon Rd NW, Lake Placid, FL, 33852
Listed for sale 5 days ago
$ 229,500
ROI
24.0Cash Flow/m
271- 3 Bed
- 2 Bath
- - sft
220 E Canal Way NE, Lake Placid, FL, 33852
Listed for sale 5 days ago
$ 220,000
ROI
21.5Cash Flow/m
107- 5 Bed
- 3 Bath
- 3521 sft
842 Archie Summers Rd, Lake Placid, FL, 33852
Listed for sale 5 days ago
$ 249,900
ROI
22.5Cash Flow/m
193- 2 Bed
- 2 Bath
- 968 sft
753 PACIFIC STREET, Lake Placid, FL, 33852
Why Invest in Lake Placid, Florida?
Investing in Lake Placid offers unique opportunities, especially with properties under $300k. The landscape features affordable homes alongside a strong rental market, suitable for investors seeking solid returns. With an average rental yield of 5.5% and appreciation rates around 3% annually, Lake Placid is appealing for budget-conscious buyers.
8%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Lake Placid is approximately $1200 per month, providing good value for tenants.
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