Under $500K 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
$ 309,567
ROI
27.3Cash Flow/m
646- 3 Bed
- 3 Bath
- 1949 sft
Brighton: Build On Your Lot Plan, North Central Florida: Build On Your Own Lot, Micanopy, FL, 32667
$ 284,567
ROI
30.0Cash Flow/m
812- 3 Bed
- 2 Bath
- 1704 sft
Litchfield: Build On Your Lot Plan, North Central Florida: Build On Your Own Lot, 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
Why Invest in Micanopy, Florida?
Investing in Micanopy, FL, offers an opportunity for affordable properties under $500k. With the area's charm and close proximity to Gainesville, investors can expect a strong rental market with a competitive cap rate and promising appreciation potential. The community is attractive for renters and buyers alike, making it a great choice for property investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Micanopy is approximately $300,000, making it an attractive market for those seeking affordable options under $500k.
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