Multi-Family Investment Properties in Lake Wales, FL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Lake Wales, FL

Property at 1413 THOUSAND ROSES DRIVE S, Lake Wales, FL
Listed for sale 4 days ago
$ 149,000
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign401
  • 2 Bed
  • 2 Bath
  • 858 sft
1413 THOUSAND ROSES DRIVE S, Lake Wales, FL, 33853
Property at 2526 Elm Ave, Lake Wales, FL
$ 320,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign150
  • 4 Bed
  • 2 Bath
  • 1736 sft
2526 Elm Ave, Lake Wales, FL, 33898
Property at 134 E St #12, Lake Wales, FL
$ 210,000
ROI
33.9ROI percentage
Cash Flow/m
Dollar sign826
  • 4 Bed
  • 2 Bath
  • 1080 sft
134 E St #12, Lake Wales, FL, 33853
Property at 1435 Thousand Roses Dr N, Lake Wales, FL
$ 129,900
ROI
31.2ROI percentage
Cash Flow/m
Dollar sign414
  • 2 Bed
  • 2 Bath
  • 858 sft
1435 Thousand Roses Dr N, Lake Wales, FL, 33853

Why Invest in Lake Wales, Florida?

Investing in multifamily properties in Lake Wales, FL offers an excellent opportunity due to the area's growing population and affordable property prices. The average rent is competitively low at $1,200 per month, promising healthy returns for investors. With a cap rate of 7% and a rental yield of 6.5%, this market demonstrates strong cash flow potential and appreciation in investment value.

10%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily properties in Lake Wales is approximately $1,200 per month. This affordable pricing makes it an attractive option for both renters and investors.

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