2019 SE 29th StOkeechobeeFL34974
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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
Investment Highlights
Investment property for sale in Okeechobee at 2019 SE 29th St, Okeechobee, FL, 34974 listed at $197,850 pairs $1,584/mo rent with a $968/mo payment to leave $271/mo cash flow. Total monthly income runs $1,584/mo, and annual cash flow reaches $3,257/yr on $65,587 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.61% at a $197,850 basis. Equity gained on principal adds $1,277/yr, and annual property appreciation at 5% supports $54,662 by year five. Five-year ROI tracks 130.09% and total cumulative return in cash totals $85,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,584/mo property income relative to a $968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34974, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,290
Single Family
10,391
Multi-Family
899
Businesses
471
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Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11719128
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.