1601 Us Highway 441 SE LOT 99OkeechobeeFL34974
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Okeechobee at 1601 Us Highway 441 SE LOT 99, Okeechobee, FL, 34974 listed at $174,900 pairs $1,405/mo rent with a $856/mo payment to leave $244/mo cash flow. Total monthly income runs $1,405/mo, and annual cash flow reaches $2,933/yr on $57,979 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 9.64% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 130.6% and total cumulative return in cash totals $75,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,405/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34974, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,290
Single Family
10,391
Multi-Family
899
Businesses
471
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Listed by: Jody Carter • LAKE O REAL ESTATE, LLC
Mls Name: Stellar MLS
Mls ID: #OK225557