π‘ Get It Funded With Us! - Single Family in Lake Wales FL β¨
About this property
Single Family in Lake Wales FL -
NEW!! Need funding? Connect with us and get your deal funded!*
Starting Price: $59,900
1,300 Per Month Rent
(Rent Comps Available)
822 Cash Flow per Month
Lot Rent: $478
17% COC Return
2 Bed / 2 Bath
1,056 Sq Ft
Vinyl Siding
Central AC
New Doors
Carport Parking
Year Built 1989
Fenced Backyard
Plumbing Upgraded
Public Water & Sewage
Rental comps available*
This Lake Wales, FL, investment opportunity offers investors a chance to secure a 2-bedroom, 2-bathroom home in Polk County with a starting price of just $59,900, making it an attractive long-term rental investment with strong cash flow potential. The property features 1,056 sq ft of living space, vinyl siding, central AC, new doors, carport parking, a fenced backyard, upgraded plumbing, and public water and sewer. Built in 1989, the home offers practical features that add appeal for potential tenants. With projected monthly rental income of $1,300 and lot rent of $478, the property offers an estimated monthly cash flow of $822 and a projected 17% cash-on-cash return based on the provided figures. Rental comparables are available to support the projected rental income. With its affordable entry price, existing upgrades, and potential for consistent rental income, this property presents an opportunity for investors pursuing a long-term rental strategy in Polk County.
Gral.
FINANCING
Cash & Hard/Private Money
Property snapshot
Deal details
Request the deal package β comps, seller walkthrough and terms, sent to verified buyers usually within the hour.
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Off-market comps, the seller walkthrough packet, rent roll and terms β sent to verified buyers, usually within the hour.