Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Lake Wales, FL

Rental Income
$ 224,999
ROI
20.7
Cash Flow/m
61- 4 Bed
- 3 Bath
- 1896 sft
342 E Tillman Ave, Lake Wales, FL, 33853

$ 108,000
ROI
20.3
Cash Flow/m
17- 1 Bed
- 1 Bath
- 648 sft
4311 Club Cir, Lake Wales, FL, 33898

Rental Income
$ 115,000
ROI
32.7
Cash Flow/m
415- 3 Bed
- 2 Bath
- 1224 sft
622 Booker Ave, Lake Wales, FL, 33853

$ 180,000
ROI
26.0
Cash Flow/m
310- 2 Bed
- 2 Bath
- 962 sft
1417 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.
Find Your Perfect Investment Property in Lake Wales, Florida
Explore investment opportunities by strategy, performance, or property type
