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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lake Wales, FL
Listed for sale today
$ 324,900
ROI
20.4
Cash Flow/m
60- 4 Bed
- 3 Bath
- 2075 sft
608 Hennepin Loop, Lake Wales, FL, 33898
Listed for sale 1 day ago
$ 229,900
ROI
24.9Cash Flow/m
331- 3 Bed
- 2 Bath
- 1133 sft
202 Owens Rd, Lake Wales, FL, 33859
Listed for sale 3 days ago
$ 300,000
ROI
21.1Cash Flow/m
114- 4 Bed
- 2 Bath
- 1992 sft
1120 Tobie St, Lake Wales, FL, 33853
Listed for sale 3 days ago
$ 314,990
ROI
20.5Cash Flow/m
67- 4 Bed
- 2 Bath
- 1802 sft
3028 Cascade Cir, Lake Wales, FL, 33898
Why Invest in Lake Wales, Florida?
Investing in Lake Wales offers attractive opportunities, especially for properties under $500k. With a strong rental market, investors can expect solid returns and stable cash flow. The area has seen an appreciation of approximately 4% annually, making it a worthwhile consideration for both new and seasoned investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Lake Wales is about $1,200 per month, making it a competitive market for investors.
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