








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 20219 NW 248th St, Okeechobee, FL, 34972 earns $146/mo cash flow from $2,070/mo rent with a $1,419/mo payment. Total monthly income totals $2,070/mo, and annual cash flow totals $1,751/yr on $96,135 capital. ROI tracks 21.73% on current figures, and rental yield reads 8.57% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash sums $108,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,070/mo property income instead of your personal income.
Manufactured
Built in 2024
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 | $290,000 |
| 2025-01-20 | Pending sale | $290,000 |
| 2025-01-10 | Price change | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Javier Parra • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7495723
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