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Polk County Β· Lake Wales, FL 33898

🏑 Get It Funded With Us! - Single Family in Lake Wales FL ✨

$59,900
2
Beds
2
Baths
1,056
Sq ft
1989
Year built
$26K spread

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

Layout2 Bed / 2 Bath
Living area1,056 sq ft
Year built1989
Property typeLand
CountyPolk County

Deal details

Asking price$59,900
ARV estimate$85,600
Spread (ARV βˆ’ asking)$25,700
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

Request the deal package β€” comps, seller walkthrough and terms, sent to verified buyers usually within the hour.

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The numbers

Asking
$60K
ARV est.
$86K
Spread
$26K
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M
Ms. Meriam
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