Is Lake City, FL a good place to invest in rental property?

Lake City, FL has a median modeled monthly cash flow of $-685 and a median cap rate of 3.7%, on a median sold price of $260,000. Prices changed +5.8% year over year.

What is the average cap rate in Lake City, FL?

The median cap rate across recently sold homes in Lake City, FL is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake City, FL?

The median sold price in Lake City, FL is $260,000 (about $172 per square foot).

Investing in Lake City, FL Real Estate

A data-driven snapshot of the Lake City, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$260,000Median sold price

$172Median $/sqft

3.7%Median cap rate

$-685Modeled cash flow / mo

+5.8%Appreciation YoY

8.1Months of supply

352Active listings

523Sold (last 12 mo)

What the Lake City numbers say

In Lake City, FL, the median home sold for $260,000 (about $172 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-685 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 8.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Lake City cash-flowing listings

CashFlowRE ranks every for-sale home in Lake City, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lake City deals, or browse the national market data.