18286 NW 262nd St, Okeechobee, FL, 34972 | $530/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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18286 NW 262nd St, Okeechobee, FL, 34972 | $530/mo Cash Flow | Ziffy

For Sale

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 18286 NW 262nd St, Okeechobee, FL, 34972 offers a 10.33% rental yield on a $269,000 purchase with $2,316/mo rent. Total monthly income registers $2,316/mo, and a $1,317/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,366/yr on $89,174 to close, and return on cash invested stands at 27.05% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 141.74% and total cumulative return in cash at $126,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,316/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2021

1.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on 2.5 acres across two separate lots, this charming 3-bedroom, 2-bathroom home offers privacy, space, and convenience. Built in 2004, the property features approximately 1,100 square feet of living space with a functional layout and low-maintenance vinyl siding exterior. Enjoy a peaceful country setting with well water and a septic system that was inspected just six months ago. The home is situated outside of any flood zone, with no history of flood claims or termite issues. A detached garage provides additional storage or parking, and the pier-and-beam foundation ensures ease of maintenance. The roof and hot water heater are both just two years old, while the HVAC system is estimated at five years old and in good working condition. Inside, youll find durable laminate wood flooring throughout. While the bathrooms may benefit from some updates, there are no major repairs needed, allowing for a move-in-ready experience. Step outside to enjoy a spacious deck, pool, and hot tub perfect for entertaining or relaxing in your own backyard oasis. Utilities are currently active, and the property is free of any lead-based paint concerns. Appliances and furniture are not included in the sale. This is a rare opportunity to own a well-maintained home with generous acreage and outdoor amenities in a quiet part of Okeechobee. Whether you're looking for a full-time residence or a weekend retreat, 18286 NW 262nd Street delivers both value and versatility

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