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Lake Wales FL | Polk County | Single Family
Starting Price: 54,900
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 Here
+ Deal Summary:
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 $54,900, 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. Contact us for more information and rental comparables.
*Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!*
OCCUPANCY STATUS:
Occupied
SHOWINGS AVAILABILITY:
Upon Request
SHOWING TYPE:
Instructions Will Be Provided
🏷️ Financing is Either Cash or Hard/Private Money*
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