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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 14261 SE 56th Cir, Okeechobee, FL, 34974 generates $1,050/mo in rent, after a $2,447/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 3.31% in year one, and rental yield is 2.52% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 14.5% and total cumulative return in cash sums $24,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
N/A lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2024-11-20 | Price change | $499,999 |
| 2024-10-15 | Price change | $525,000 |
| 2024-10-01 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2589.28 | -13.49% | $186,024 | -13.89% |
| 2022-12-26 | $2993.19 | 10.40% | $216,030 | 19.97% |
| 2021-12-26 | $2711.19 | 0.11% | $180,076 | 1.01% |
Listed by: Michael Crisp • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11668545
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.
