105 NE 8th AveOkeechobeeFL34974
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Okeechobee at 105 NE 8th Ave, Okeechobee, FL, 34974 with 5% annual appreciation on a $149,000 basis while $1,150/mo rent supports operations. Total monthly income totals $1,150/mo and a $729/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,369/yr on $49,394 deployed, and return on cash invested reaches 22.68% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 9.26%. Five-year ROI measures 118.81% and total cumulative return in cash totals $58,684.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,150/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34974, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,195 (100%) |
| Owner Occupied HU | 8,078 (56.9%) |
| Renter Occupied HU | 2,281 (16.1%) |
| Vacant Housing Units | 3,836 (27.0%) |
| Median Home Value | $201,752 |
| Average Home Value | $234,889 |
Housing Distribution
Address Breakdown
Residential
11,290
Single Family
10,391
Multi-Family
899
Businesses
471
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Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644507
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.