Polk County, Lake Wales, FL 33898
2 bd2 ba1,056 sfBuilt 1989
Gross spread$30,700
Description
- Single Family in Lake Wales FL - *NEW!! Need funding? Connect with us and get your deal funded!* 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* 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 $822 and a projected 17% cash-on-cash return based on the provided figures. Rental comparables are available to support the projected rental income. With its affordable entry price, existing upgrades, and potential for consistent rental income, this property presents an opportunity for investors pursuing a long-term rental strategy in Polk County. Contact us for more information and rental comparables. **Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!** Gral. inquiries: [contact details hidden] (calls & text) Offers: [contact details hidden] (calls & text) Funding: [contact details hidden] (calls & text) FINANCING Cash & Hard/Private Money
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$/sqft vs market
Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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