Winter Haven Rental Rates for 4/2.5 - 33884

[Gabriel P.]

Hello all!

I am looking to get an idea of what rental rates are for a 4/2.5 in Winter Haven, FL in 33884. Also, are rent-to-own properties attractive to the rental/tenant pool in the area? I appreciate all of the help!

[Christian Paez]

@Gabriel P. I am currently renting out 3/2's between $1000 - $1200 mo. in Winter Haven, however I would caution it depends on 2 factors 1. location 2. condition of the property I say that because in many of the areas in Polk county you can find pockets of excellent rental areas next to some questionable neighborhoods. 33884 puts you closer to the LegoLand area, which has recently gone up in value quite a bit, I would say a 4/2 would produce good cash-flow.

I cannot say I have ventured into the rent-to-own arena, but I know of some very successful investors in this area who do this type of investing mostly with mobile homes, and they are doing real well.