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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 18931 NW 280th St, Okeechobee, FL, 34972 generates $2,070/mo in rent, after a $1,712/mo payment. Total monthly income is $2,070/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 7.1% on a $349,750 entry. Equity gained on principal adds $2,257/yr, while 5% annual appreciation builds toward $96,629 over five years. Five-year ROI reaches 89.47% and total cumulative return in cash sums $103,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.25 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 |
|---|---|---|
| 2025-01-27 | Listed for sale | $349,750 |
| 2017-09-29 | Sold | $155,000 |
| 2017-06-27 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2474.24 | 7.13% | $164,036 | 3.00% |
| 2022-02-15 | $2309.67 | 4.45% | $159,258 | 3.00% |
| 2021-02-15 | $2211.34 | 0.93% | $154,619 | 1.40% |
Listed by: Bud Neese lll • TWO TEN REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224867
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
