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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 1251 SW 85th Way, Okeechobee, FL, 34974 earns $964/mo cash flow from $3,320/mo rent with a $1,738/mo payment. Total monthly income totals $3,320/mo, and annual cash flow totals $11,565/yr on $117,683 capital. ROI tracks 29.74% on current figures, and rental yield reads 11.22% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 156.12% and total cumulative return in cash sums $183,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,320/mo property income instead of your personal income.
Single Family
Built in 1988
0.52 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 |
|---|---|---|
| 2025-01-15 | Price change | $355,000 |
| 2024-12-04 | Listed for sale | $359,000 |
| 2019-11-19 | Sold | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2383.73 | 7.44% | $165,404 | 3.00% |
| 2022-02-15 | $2218.73 | 3.87% | $160,586 | 3.00% |
| 2021-02-15 | $2135.99 | 0.96% | $155,909 | 1.40% |
No similar rental properties found nearby.
Listed by: Jacalyn Schooley • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224726
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
