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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 18866 NW 83rd Trl, Okeechobee, FL, 34972 generates $2,132/mo in rent and, after a $1,175/mo payment, leaves $539/mo in cash flow. Total monthly income is $2,132/mo, and annual cash flow is $6,468/yr on $79,560 invested. Return on cash invested sits at 28.04% in year one, and rental yield is 10.66% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 147.03% and total cumulative return in cash sums $116,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,132/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
0.99 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 |
|---|---|---|
| 2024-12-26 | Listed for sale | $240,000 |
| 2024-07-17 | Listing removed | $250,000 |
| 2024-05-29 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $865.38 | 14.23% | $40,999 | 0.01% |
| 2022-02-15 | $757.57 | 11.74% | $40,995 | 3.00% |
| 2021-02-15 | $677.95 | 1.87% | $39,801 | 1.40% |
Listed by: Sharon Prevatt • C 21 HAZELLIEF & PREVATT RLTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224107
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
