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WHAT IS ANNUAL RATE of RETURN ?

As defined by www.investopedia.com

  • The rate of return (ROR) is used to measure the profit or loss of an investment over time.
  • Return on investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment
  • Return on Investment (ROI) is a popular profitability metric used to evaluate how well an investment has performed.
  • ROI is expressed as a percentage and is calculated by dividing an investment's net profit (or loss) by its initial cost or outlay.

 

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INCOME PROPERTIES FOR SALE

$549,000
4 Beds 4 Baths Harbour Highlands 02 SubDv.
Investor opportunity in the heart of Ocoee! This well-maintained duplex at 821/823 Sleepy Harbour Drive offers immediate cash flow with significant upside. Each unit features 2 bedrooms, 2 bathrooms, an additional office/flex space, oversized living areas, screened lanais, private fenced yards, individual one-car garages, and separate water and electric meters. Built in 1990, the property has a functional layout that continues to attract long-term tenants - Current tenants are long term and wish to stay. Current rents are $1,720 per unit, providing stable income today, while offering the opportunity to increase returns. With cosmetic updates, market rents are estimated around $2,500 per unit, creating excellent value-add potential for investors looking to grow cash flow. Major capital improvements have already been completed, including a new roof (2022), one new garage door (2022), a new septic system (2022), exterior paint (2022), one new A/C system (2025), and the second A/C replaced in 2017. These big-ticket updates allow the next owner to focus on maximizing rental income rather than major maintenance expenses. Conveniently located near shopping, dining, major highways, and downtown Ocoee, this is a rare opportunity to acquire an income-producing property with strong upside potential in a desirable Central Florida location. Whether you're adding to your portfolio or looking for your next value-add investment, this duplex checks all the right boxes.

821 Sleepy Harbour Drive, Ocoee

$850,000
8 Beds 4 Baths Van Deusen & Shannons SubDv.
Must-see historic Lakeland quadruplex in the sought-after South Lake Morton Historic District. This rare 1920s income-producing property blends timeless architectural character with thoughtful modern updates, offering an exceptional opportunity in one of Lakeland’s most desirable locations. Ideally situated near Lake Hollingsworth, this fully rented quadruplex provides steady rental income and strong long-term appeal. A brand-new roof was installed in March 2026, adding valuable peace of mind for the next owner. Each of the four units features two bedrooms and one bathroom, offering comfortable living spaces with abundant natural light, practical storage, and a welcoming atmosphere tenants will appreciate. Thoughtful updates include renovated kitchens with contemporary appliances, fresh interior paint, newer carpeting, individual refrigerators, ranges, water heaters, and air conditioning systems. All utilities are separately metered for efficient management and transparency. While updated for modern convenience, the property preserves its original charm with classic wall casing, crown molding, built-ins, and period details that reflect the character of Lakeland’s historic neighborhoods. Residents enjoy desirable amenities including separate washer and dryer hookups located outside the living areas, assigned covered carport parking, and private outdoor decks for each unit—perfect for relaxing or entertaining. The location further enhances the property’s appeal, placing residents just blocks from beloved local destinations such as Cob & Pen, Concord Coffee, The Peach House, Patio 850, and the scenic Lake Hollingsworth area. With its combination of historic character, modern updates, private outdoor spaces, covered parking, and a prime central Lakeland location, this quadruplex stands out as a compelling investment property. Opportunities like this are rare in the South Lake Morton Historic District. Don’t miss your chance to own a distinctive piece of Lakeland history with income potential and lasting appeal.

211 E Park Street, Lakeland

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