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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% |
Investment property for sale in Okeechobee at 1173 Jordan Loop, Okeechobee, FL, 34974 offers a 9.21% rental yield on a $249,000 purchase with $1,912/mo rent. Total monthly income registers $1,912/mo, and a $1,219/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,112/yr on $82,544 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 123.68% and total cumulative return in cash at $102,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,912/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
0.25 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $249,000 |
| 2006-10-06 | Sold | $137,000 |
| 2005-12-29 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-28 | $1277.79 | 4.57% | $111,116 | 3.00% |
| 2022-03-28 | $1221.90 | 1.62% | $107,880 | 73.71% |
| 2021-03-28 | $1202.38 | 117.42% | $62,103 | 1.10% |
Listed by: Telina Campos • Red Key Realty Group LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225032201
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
