Under $200K Investment Properties for Sale in Shalimar, FL

$ 169,999
ROI
22.9
Cash Flow/m
148- 2 Bed
- 2 Bath
- 1260 sft
145 4th Ave APT B2, Shalimar, FL, 32579

$ 170,000
ROI
23.4
Cash Flow/m
171- 2 Bed
- 2 Bath
- 1260 sft
145 4th Ave APT C2, Shalimar, FL, 32579

$ 185,000
ROI
24.4
Cash Flow/m
238- 2 Bed
- 1 Bath
- 868 sft
101 Old Ferry Rd Unit 10A, Shalimar, FL, 32579

Motivated Seller
$ 176,500
ROI
24.2
Cash Flow/m
219- 2 Bed
- 1 Bath
- 868 sft
101 Old Ferry Rd Unit 10B, Shalimar, FL, 32579
Why Invest in Shalimar, Florida?
Investing in Shalimar, FL offers great opportunities for properties under $200k, particularly as the demand for affordable housing grows. With a strong rental market and various development projects on the horizon, now is an ideal time to consider investment in this area. Shalimar's low vacancy rates and steady appreciation make it an attractive location for both new and seasoned investors.
8.5%
Avg. ROI
6.2%
Rental Yield
7.3%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Shalimar, FL is approximately $1,200 per month, making it an affordable option for renters.
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