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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 1201 Jordan Loop, Okeechobee, FL, 34974 priced at $270,000 converts $2,016/mo rent into $224/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,016/mo, and annual cash flow totals $2,685/yr on $89,505 invested. Return on cash invested prints 22.91% in year one, and rental yield reads 8.96% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 119.53% and total cumulative return in cash sums $106,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.40 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $270,000 |
| 1984-07-01 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-30 | $1269.28 | -1.62% | $127,128 | 3.00% |
| 2022-04-30 | $1290.12 | 13.00% | $123,425 | 9.02% |
| 2021-04-30 | $1141.69 | 2.24% | $113,213 | 1.40% |
Listed by: Telina Campos • Red Key Realty Group LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225042886
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.
