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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 12963 Highway 441 SE, Okeechobee, FL, 34974 projects strong ROI of 1.64%. Rental yield 1.89%. With 5% annual appreciation, the property builds $828,845 in value over five years. Equity growth combined delivers a projected five-year ROI of 5.36%, translating into $52,103 in total cumulative return on $972,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1997
20.20 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 |
|---|---|---|
| 2024-11-28 | Listed for sale | $3,000,000 |
| 2015-11-20 | Sold | $435,000 |
| 2012-07-11 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $7810.50 | 39.06% | $532,990 | 41.15% |
| 2022-02-15 | $5616.72 | 6.60% | $377,593 | 10.67% |
| 2021-02-15 | $5269.07 | -8.43% | $341,202 | 2.60% |
No similar rental properties found nearby.
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Listed by: Sara Pipal • The Pipal Group
Mls Name: My State MLS
Mls ID: #11364651
