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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 1 day ago
$ 198,900
ROI
27.7
Cash Flow/m
440- 2 Bed
- 2 Bath
- 1075 sft
369 Grape Rd NW, Lake Placid, FL, 33852
Listed for sale 1 day ago
$ 200,000
ROI
21.0Cash Flow/m
71- 3 Bed
- 2 Bath
- 1729 sft
115 Fig Rd NW, Lake Placid, FL, 33852
Motivated Seller
Rental Income
Listed for sale 2 days ago
$ 210,000
ROI
22.9Cash Flow/m
181- 2 Bed
- 1 Bath
- 792 sft
1420 Goldbud St, Lake Placid, FL, 33852
Listed for sale 2 days ago
$ 234,900
ROI
21.3Cash Flow/m
97- 3 Bed
- 2 Bath
- 1983 sft
134 Bonnie Rd NW, 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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