Under $200K Investment Properties for Sale in Micanopy, FL
$ 175,000
ROI
23.1
Cash Flow/m
163- 3 Bed
- 2 Bath
- 1200 sft
602 N DIVISION STREET, Micanopy, FL, 32667
$ 186,367
ROI
24.7Cash Flow/m
257- 2 Bed
- 2 Bath
- 992 sft
Suwannee: Build On Your Lot Plan, North Central Florida: Build On Your Own Lot, Micanopy, FL, 32667
$ 149,900
ROI
23.5Cash Flow/m
155- 2 Bed
- 2 Bath
- 816 sft
21776 NW 57th Ave, Micanopy, FL, 32667
$ 110,000
ROI
24.0Cash Flow/m
131- 3 Bed
- 2 Bath
- 1350 sft
922 SE 119th Ave, Micanopy, FL, 32667
Why Invest in Micanopy, Florida?
Investing in Micanopy, FL, especially with properties under $200k, offers a unique opportunity amidst a vibrant community. With a growing demand for affordable housing, Micanopy boasts attractive investment metrics, including a rental yield of around 6% and a cap rate of approximately 8%. This quaint town not only provides affordability but also showcases potential for property value appreciation in the coming years.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Micanopy is around $1,200 per month, making it an attractive option for both investors and renters alike.
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