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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 today
$ 400,000
ROI
23.9Cash Flow/m
455- 3 Bed
- 2 Bath
- 2122 sft
114 Daisy Ln, Lake Placid, FL, 33852
Listed for sale 1 day ago
$ 339,900
ROI
20.4Cash Flow/m
62- 3 Bed
- 2 Bath
- 1544 sft
240 Washington Blvd, Lake Placid, FL, 33852
Listed for sale 1 day ago
$ 359,000
ROI
25.6Cash Flow/m
582- 3 Bed
- 2 Bath
- 1742 sft
3439 Miller Ave, Lake Placid, FL, 33852
Why Invest in Lake Placid, Florida?
Lake Placid, FL, offers a unique investment opportunity for properties under $500k. With a rental yield averaging 8% and an appreciation rate of 5% over the last five years, it’s becoming a sought-after location for investors seeking affordable properties. The town’s serene lakes and growing local economy make it an attractive option for long-term investments.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Lake Placid is approximately $250,000, making it an affordable option for many investors.
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