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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 1209 5th St, Okeechobee, FL, 34974 earns from $1,469/mo rent with a $1,101/mo payment. Total monthly income totals $1,469/mo. ROI tracks 19.52% on current figures, and rental yield reads 7.83% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 101.43% and total cumulative return in cash sums $75,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,469/mo property income instead of your personal income.
Single Family
Built in 1970
N/A 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 |
|---|---|---|
| 2025-09-15 | Sold | $225,000 |
| 2025-08-14 | Pending sale | $235,000 |
| 2025-06-10 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $408.67 | 0.92% | $62,650 | 3.00% |
| 2023-10-20 | $404.94 | 1.69% | $60,825 | 3.00% |
| 2022-10-20 | $398.20 | -1.60% | $59,053 | 3.00% |
Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11819744
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.
