Zip Code 33854 — Lake Wales, FL
🟢STRONG— excellent cash flow marketCap Rate
13.7%
Monthly Cash Flow
+$549
Median Home Price
$90,121
DSCR
2.14
Fair Market Rents
- Studio
- $840/mo
- 1 Bedroom
- $850/mo
- 2 Bedroom
- $1,050/mo
- 3 Bedroom
- $1,410/mo
- 4 Bedroom
- $1,780/mo
Investment Metrics
- Cap Rate
- 13.7%
- Cash-on-Cash Return
- 31.8%
- Price-to-Rent Ratio
- 5.3
- 1% Rule
- 1.56%
- Gross Rent Multiplier
- 5.3
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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