Best ZIP Codes for Cash Flow in Lakeland-Winter Haven, FL (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 33854 1% rule | Lake Wales, FL | $89,888 | $1,089 | 9.45% | 2.4% |
| 2 | 33815 | Lakeland, FL | $185,399 | $1,791 | 7.54% | 4.0% |
| 3 | 33840 | Eaton Park, FL | $193,683 | $1,548 | 6.23% | — |
| 4 | 33839 | Eagle Lake, FL | $285,280 | $2,137 | 5.84% | 4.0% |
| 5 | 33898 | Lake Wales, FL | $250,794 | $1,863 | 5.79% | 5.2% |
| 6 | 33859 | Lake Wales, FL | $272,308 | $2,000 | 5.73% | 3.7% |
| 7 | 33838 | Dundee, FL | $268,684 | $1,964 | 5.70% | 3.8% |
| 8 | 33843 | Frostproof, FL | $193,930 | $1,400 | 5.63% | 1.6% |
| 9 | 34759 | Poinciana, FL | $277,789 | $1,925 | 5.40% | 2.9% |
| 10 | 33844 | Haines City, FL | $295,266 | $2,036 | 5.38% | 3.7% |
| 11 | 33805 | Lakeland, FL | $232,826 | $1,579 | 5.29% | 4.5% |
| 12 | 33853 | Lake Wales, FL | $221,872 | $1,497 | 5.26% | 5.5% |
| 13 | 33881 | Winter Haven, FL | $264,709 | $1,760 | 5.19% | 3.5% |
| 14 | 33830 | Bartow, FL | $278,638 | $1,849 | 5.18% | 5.0% |
| 15 | 33850 | Lake Alfred, FL | $310,202 | $2,048 | 5.15% | 4.9% |
| 16 | 33801 | Lakeland, FL | $233,648 | $1,514 | 5.05% | 4.7% |
| 17 | 33897 | Davenport, FL | $343,361 | $2,212 | 5.03% | 4.6% |
| 18 | 33880 | Winter Haven, FL | $253,082 | $1,627 | 5.01% | 3.9% |
| 19 | 33823 | Auburndale, FL | $304,342 | $1,930 | 4.95% | 4.1% |
| 20 | 33810 | Lakeland, FL | $318,682 | $1,943 | 4.76% | 4.6% |
| 21 | 33837 | Davenport, FL | $336,748 | $2,056 | 4.76% | 3.6% |
| 22 | 33811 | Lakeland, FL | $337,391 | $2,042 | 4.72% | 4.3% |
| 23 | 33860 | Mulberry, FL | $287,565 | $1,741 | 4.72% | 4.3% |
| 24 | 33884 | Winter Haven, FL | $297,369 | $1,796 | 4.71% | 3.5% |
| 25 | 33813 | Lakeland, FL | $372,544 | $2,129 | 4.46% | 4.7% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Lakeland-Winter Haven, FL · Affordable in Lakeland-Winter Haven, FL
Or see the full Lakeland-Winter Haven, FL metro profile.