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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% |
Rental property for sale in Okeechobee at 1715 NE 308th St, Okeechobee, FL, 34972 generates $1,646/mo in rent, after a $1,446/mo payment. Total monthly income is $1,646/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 6.68% on a $295,500 entry. Equity gained on principal adds $1,907/yr, while 5% annual appreciation builds toward $81,641 over five years. Five-year ROI reaches 82.79% and total cumulative return in cash sums $81,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,646/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
4.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.
| 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 |
Residential
6,337
Single Family
6,110
Multi-Family
227
Businesses
595
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: Karen D Millette • Anderson Realty
Mls Name: BeachesMLS
Mls ID: #F10519443
