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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Okeechobee at 1067 Palm Court, Okeechobee, FL, 34974 priced at $239,000 converts $1,547/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,547/mo. Return on cash invested prints 19.31% in year one, and rental yield reads 7.77% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 100.24% and total cumulative return in cash sums $79,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,547/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Manufactured
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34974, Okeechobee, FL area.
| 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 |
Residential
11,290
Single Family
10,391
Multi-Family
899
Businesses
471
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Veronica Christine Ma Gabor • Florida Quality Real Estate Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11121602
