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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 1628 SW 35 Circle, Okeechobee, FL, 34974 listed at $245,000 pairs $1,744/mo rent with a $1,199/mo payment. Total monthly income runs $1,744/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 8.54% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 91.27% and total cumulative return in cash totals $74,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,744/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
N/A lot
$N/A/sqft
$218 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $245,000 |
| 2022-10-28 | Sold | $195,000 |
| 2022-10-13 | Pending sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-28 | $3064.09 | 144.70% | $173,401 | 63.92% |
| 2022-03-28 | $1252.20 | 7.01% | $105,781 | 3.00% |
| 2021-03-28 | $1170.17 | 1.55% | $102,700 | 1.40% |
Listed by: Melody Hodges • Mixon Real Estate Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11075939
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
