Lake Wales, FL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.4%

Below average

Monthly Cash Flow

-$402

After all expenses

Price-to-Rent

13.6

Investor-friendly

DSCR

0.68

Fails

📊 Key Metrics

Median Home Price
$237,949
Average Rent (3BR)
$1,445/mo
Price-to-Rent Ratio
13.6(good)
1% Rule
0.62%(fails — need 1%+)
Cash-on-Cash Return
-8.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Lake Wales for Investors

33854
Cap Rate: 13.7%Cash Flow: +$549/mo$90,121
33853
Cap Rate: 4.5%Cash Flow: -$360/mo$225,033
33898
Cap Rate: 4.3%Cash Flow: -$444/mo$250,865

All Zip Codes in Lake Wales

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
3385413.7%+$549$90,121$1,410/mo2.14
338534.5%-$360$225,033$1,410/mo0.70
338984.3%-$444$250,865$1,520/mo0.67
338593.6%-$644$275,708$1,480/mo0.56