Under $200K Investment Properties for Sale in Lake Wales, FL
Listed for sale 3 days ago
$ 180,000
ROI
31.5
Cash Flow/m
588- 2 Bed
- 2 Bath
- 1357 sft
9000 LAKE POINT BOULEVARD, Lake Wales, FL, 33898
Listed for sale 4 days ago
$ 195,000
ROI
31.1Cash Flow/m
614- 2 Bed
- 2 Bath
- 368 sft
162 MYRTLE ROAD, Lake Wales, FL, 33898
Listed for sale 5 days ago
$ 140,000
ROI
21.4Cash Flow/m
65- 2 Bed
- 2 Bath
- 792 sft
7088 TAMARIND DRIVE, Lake Wales, FL, 33898
Listed for sale 5 days ago
$ 199,000
ROI
31.6Cash Flow/m
653- 3 Bed
- 2 Bath
- 1066 sft
418 E HILLCREST AVENUE, Lake Wales, FL, 33853
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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