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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 1491 Chobee St, Okeechobee, FL, 34974 uses $94,478 cash to close to unlock $8,983/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,395/mo payment keeps the spread at $749/mo. Purchase price stands at $285,000, and rental yield measures 11.12% with $2,640/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 154.42% and total cumulative return in cash records $145,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
7,405 sqft 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $285,000 |
| 2025-03-06 | Listing removed | $285,000 |
| 2025-01-21 | Price change | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Janetta Thiboult • GILBERT REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK225075
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
