1633 SW 35th CircleOkeechobeeFL34974
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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 1633 SW 35th Circle, Okeechobee, FL, 34974 offers a 9.18% rental yield on a $147,000 purchase with $1,125/mo rent. Total monthly income registers $1,125/mo, and a $719/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $432/yr on $48,731 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 109.16% and total cumulative return in cash at $53,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,125/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
5,040 sqft lot
$N/A/sqft
$114 monthly 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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Nearby investment properties with comparable prices
Listed by: Diane Johnson • Florida Homes Realty & Mortgage
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11121227
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.