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 Cheapest in Lake Wales FL $69K

  • House
    1134 acre
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Rental
    $69,900 0
    Status : Sold
    Year Built : 1962
Property overview: TURN-KEY
Currently the cheapest block home available in the entire Lake Wales 33898 zip code. This clean block home simply needs a tenant at market rent, to get it cash flowing at a gross 14% ROI. 

Property features, newer architectural shingle roof, new ceramic tile & carpet throughout the home, fresh paint in & out, In tact Ac & Air Handler, exterior utility room/shed, nice size yard.

Please contact JULIAN @
 Rehab Work Needed
 General Amenities


Cheapest in Lake Wales FL $69K Sold
Property ID: 5b847ab12a52e
Address: Login to View
City: Lake Wales
State/Province: FL
Zip Code: 33898
Country: USA

Rental Analysis

+ Purchase Price: $69,900
+ Purchase Closing Cost: $0
+ Rehab Cost: $10,000
Total Acquisition Cost: $79,900

Monthly Rent: $1,000
+ Annual Potential Rent: $12,000
- Vacancy (4%): $480
Annual Gross Income: $11,520
Annual Gross ROI: 14.42%


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