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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

Motivated Seller
Rental Income
Listed for sale 1 day ago
$ 210,000
ROI
22.9
Cash Flow/m
181- 2 Bed
- 1 Bath
- 792 sft
1420 Goldbud St, Lake Placid, FL, 33852

Motivated Seller
$ 345,000
ROI
20.0
Cash Flow/m
21- 3 Bed
- 2 Bath
- 1349 sft
136 Lincoln Rd NW, LAKE PLACID, FL, 33852

Listed for sale 1 day ago
$ 234,900
ROI
21.3
Cash Flow/m
97- 3 Bed
- 2 Bath
- 1983 sft
134 Bonnie Rd NW, Lake Placid, FL, 33852

Listed for sale 1 day ago
$ 299,000
ROI
20.1
Cash Flow/m
32- 2 Bed
- 2 Bath
- 2499 sft
1637 Cedarbrook St, 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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