Under $500K Investment Properties for Sale in Palm Springs, FL
Listed for sale 6 days ago
$ 285,000
ROI
27.0
Cash Flow/m
577- 2 Bed
- 2 Bath
- 1232 sft
124 LAKE ARBOR Drive, Palm Springs, FL, 33461
$ 340,000
ROI
26.1Cash Flow/m
596- 3 Bed
- 3 Bath
- 1540 sft
632 SPRINGDALE Circle, Palm Springs, FL, 33461
$ 449,900
ROI
22.9Cash Flow/m
395- 3 Bed
- 2 Bath
- 1299 sft
3082 Reo Lane, Palm Springs, FL, 33461
$ 338,999
ROI
21.5Cash Flow/m
164- 2 Bed
- 2 Bath
- 1232 sft
113 W LAKE ARBOR Drive, Palm Springs, FL, 33461
Why Invest in Palm Springs, Florida?
Investing in properties under $500k in Palm Springs, FL offers a unique opportunity for potential high returns. With average rental yields around 6.5% and a steady appreciation rate at 5%, this locale is perfect for those seeking to maximize their investment. Palm Springs boasts a vibrant rental market, with a renter occupancy rate of approximately 90%, making it a prime area for cash flow-rich rental properties.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Investing in Palm Springs offers strong rental yields and a high occupancy rate, along with consistent property appreciation. The combination of economic growth and tourism makes it an attractive option for investors.
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