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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
$ 238,900
ROI
29.5
Cash Flow/m
647- 3 Bed
- 2 Bath
- 1456 sft
338 Boeing St NW, Lake Placid, FL, 33852
Listed for sale 1 day ago
$ 245,000
ROI
28.2Cash Flow/m
579- 3 Bed
- 2 Bath
- 1520 sft
488 Fairfield Ave, Lake Placid, FL, 33852
Listed for sale 2 days ago
$ 154,900
ROI
24.5Cash Flow/m
206- 2 Bed
- 2 Bath
- 1010 sft
132 Parkview Cir, Lake Placid, FL, 33852
Listed for sale 2 days ago
$ 125,000
ROI
23.7Cash Flow/m
136- 3 Bed
- 2 Bath
- - sft
115A Bearwoods Ave #115A, 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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