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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lakeland, FL
Listed for sale 1 day ago
$ 299,500
ROI
20.2
Cash Flow/m
40- 3 Bed
- 3 Bath
- 1918 sft
3140 Stonewater Dr #3140, Lakeland, FL, 33803
$ 140,000
ROI
24.6Cash Flow/m
190- 2 Bed
- 2 Bath
- 1120 sft
1130 N Lake Parker Ave APT A109, Lakeland, FL, 33805
$ 215,000
ROI
23.3Cash Flow/m
214- 2 Bed
- 3 Bath
- 1496 sft
5463 River Rock Rd #1304, Lakeland, FL, 33809
$ 230,000
ROI
21.3Cash Flow/m
96- 2 Bed
- 2 Bath
- 1140 sft
6356 Sedgeford Dr, Lakeland, FL, 33811
Why Invest in Lakeland, Florida?
Investing in condos in Lakeland, FL is a smart choice due to the area's consistent rental demand and steady appreciation rates. With average rents sitting at $1,500 per month and a rental yield around 7%, the cash flow potential is promising for investor buyers. Additionally, the region's cap rate of 6% indicates a favorable return on investment in the rental market.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Lakeland is approximately $1,500 per month, making it an attractive option for renters.
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