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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lake Wales, FL
Listed for sale 1 day ago
$ 118,900
ROI
23.6
Cash Flow/m
128- 2 Bed
- 1 Bath
- 672 sft
1 Candlelight Loop, Lake Wales, FL, 33859
$ 149,900
ROI
36.0Cash Flow/m
676- - Bed
- - Bath
- - sft
Canal Rd, Lake wales, FL, 33898
Listed for sale 2 days ago
$ 165,000
ROI
30.7Cash Flow/m
503- 3 Bed
- 2 Bath
- 1056 sft
142 Winston Ave, Lake Wales, FL, 33853
Listed for sale 5 days ago
$ 120,000
ROI
24.1Cash Flow/m
146- 3 Bed
- 2 Bath
- 1512 sft
3552 Tower Overlook Dr #242, Lake Wales, FL, 33859
Why Invest in Lake Wales, Florida?
Lake Wales offers an exciting opportunity for investors looking for properties under $200k. With an average rental yield of 7.5% and a promising appreciation rate of 4.2%, this market is drawing attention. The city's rich cultural heritage and proximity to natural attractions provide a unique appeal, making it an ideal place for rental investments.
6.5%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake Wales is approximately 7.5%, making it an attractive option for investors looking for properties.
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