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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% |
Investment property for sale in Okeechobee at 1997 Hunter Rd, Okeechobee, FL, 34974 with 5% annual appreciation on a $399,900 basis while $2,640/mo rent supports operations. 79% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 7.92%. Five-year ROI measures 102.77% and total cumulative return in cash totals $136,244. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
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 |
|---|---|---|
| 2025-08-23 | Listed for sale | $399,900 |
| 2025-06-15 | Listing removed | $429,000 |
| 2025-03-20 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $1671.06 | 3.40% | $133,075 | 3.00% |
| 2023-09-03 | $1616.06 | 4.21% | $129,199 | 3.00% |
| 2022-09-03 | $1550.79 | 0.93% | $125,436 | 3.00% |
Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11871191
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.
