Multi Family Investment Properties for Sale in Lake Wales, FL
Currently Rented
Rental Income
$ 275,000
ROI
24.9
Cash Flow/m
395- 4 Bed
- 2 Bath
- 1782 sft
646 BEVERLY DRIVE #646 and 648, Lake Wales, FL, 33853
Currently Rented
Rental Income
$ 275,000
ROI
24.9Cash Flow/m
395- 4 Bed
- 2 Bath
- 1782 sft
646 BEVERLY DRIVE, Lake Wales, FL, 33853
$ 250,000
ROI
28.1Cash Flow/m
582- 4 Bed
- 4 Bath
- 1788 sft
6760 DAYTONA DRIVE, Lake Wales, FL, 33898
$ 149,000
ROI
28.2Cash Flow/m
351- 2 Bed
- 2 Bath
- 858 sft
1413 THOUSAND ROSES DRIVE S, 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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