








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 1693 SW 35th Circle, Okeechobee, FL, 34974 listed at $207,000 pairs $1,477/mo rent with a $1,013/mo payment to leave $103/mo cash flow. Total monthly income runs $1,477/mo, and annual cash flow reaches $1,242/yr on $68,621 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 8.56% at a $207,000 basis. Equity gained on principal adds $1,336/yr, and annual property appreciation at 5% supports $57,190 by year five. Five-year ROI tracks 113.18% and total cumulative return in cash totals $77,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,477/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jessica Blanton • Real Estate of Florida
Mls Name: BeachesMLS
Mls ID: #RX-11126762