16426 NW 190th Rd, Okeechobee, FL, 34972 | 4.73% Rental Yield

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16426 NW 190th Rd, Okeechobee, FL, 34972 | 4.73% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Okeechobee at 16426 NW 190th Rd, Okeechobee, FL, 34972 listed at $525,000 pairs $2,070/mo rent with a $2,570/mo payment. Total monthly income runs $2,070/mo. Return on cash invested measures 10.23% in year one, and rental yield registers 4.73% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 51.51% and total cumulative return in cash totals $88,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,070/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2025

10 Acres lot

$N/A/sqft

No HOA

More details about the property

This home is a MUST see! Roomy 4 bedroom 2.5 bath with open living room/kitchen layout. Comes with 10.11 acres, 2 ponds and a 30x36 ft barn, this is an homesteaders paradise. Enjoy the peace and quiet with endless opportunities. Perfect land for livestock. Back larger pond has fish and abundance of wildlife roaming through including deer and turkeys. Featuring a huge fenced in front yard with a chicken coop, separate smaller paddock area beside the house, 6 acres fenced behind the house and more land beyond that. The barn has 3 horse stalls with two gates to close off the alley way. A 8x10 shed with double French style doors. Perfect for a little work shop or tack/feed room. House is a 2025 model home that is still under warranty with central heating and cooling. Septic, drain field, and well all less than a year old. Well is a 4 submersible pump that will never lose its prime. Comes with Full water system for the softest water that you will love. Come take a look at your future home. Very back half acre of property does have an ingress/egress easement agreement with neighbor who has property on other side that is landlocked. This easement agreement will be continued on with new owner.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,020 (100%)
Owner Occupied HU	4,456 (63.5%)
Renter Occupied HU	1,706 (24.3%)
Vacant Housing Units	858 (12.2%)
Median Home Value	$227,991
Average Home Value	$272,861