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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 1402 SE 12th Drive, Okeechobee, FL, 34974 earns $141/mo cash flow from $3,101/mo rent with a $2,183/mo payment. Total monthly income totals $3,101/mo, and annual cash flow totals $1,695/yr on $147,849 capital. ROI tracks 21.06% on current figures, and rental yield reads 8.34% at a $445,999 purchase. Equity gained on principal adds $2,878/yr, and 5% annual appreciation supports $123,221 over five years. Five-year ROI reaches 109.59% and total cumulative return in cash sums $162,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,101/mo property income instead of your personal income.
Single Family
Built in 2016
0.50 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandi Joiner • Okeechobee Homes and Land
Mls Name: BeachesMLS
Mls ID: #RX-11113481
