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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 1547 SW 35th Cir, Okeechobee, FL, 34974 generates $2,783/mo in rent and, after a $1,087/mo payment, leaves $1,088/mo in cash flow. Total monthly income is $2,783/mo, and annual cash flow is $13,050/yr on $73,593 invested. Return on cash invested sits at 37.64% in year one, and rental yield is 15.04% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 199.87% and total cumulative return in cash sums $147,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,783/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
5,009 sqft lot
$N/A/sqft
$114 monthly 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 |
|---|---|---|
| 2025-10-02 | Listing removed | $269,000 |
| 2025-09-07 | Listed for sale | $269,000 |
| 2024-08-14 | Sold | $222,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $3269.17 | 5.62% | $181,818 | -5.31% |
| 2023-10-10 | $3095.22 | 12.22% | $192,020 | 12.36% |
| 2022-10-10 | $2758.17 | 12.95% | $170,900 | 24.72% |
Listed by: Jody Carter • LAKE O REAL ESTATE, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224119
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
