2290 SE 24th Blvd, Okeechobee, FL, 34974 | $263/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2290 SE 24th Blvd, Okeechobee, FL, 34974 | $263/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Okeechobee at 2290 SE 24th Blvd, Okeechobee, FL, 34974 listed at $199,995 pairs $1,590/mo rent with a $979/mo payment to leave $263/mo cash flow. Total monthly income runs $1,590/mo, and annual cash flow reaches $3,152/yr on $66,298 cash to close. Return on cash invested measures 24.66% in year one, and rental yield registers 9.54% at a $199,995 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,255 by year five. Five-year ROI tracks 128.95% and total cumulative return in cash totals $85,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1997

10,798 sqft lot

$N/A/sqft

No HOA

More details about the property

We are selling due to relocating in another state. The flooring in the main rooms was just recently replaced. It has a very large carport which could be closed in to make a garage. All the kitchen cabinets were replaced. We have a saltwater above ground pool they was replaced this spring. The screened in porch is great for sitting and relaxing in the evening. It's a quiet street. We are across the road from the channel, not on the water. If not for family out of state and a better opportunity, I would never plan to sell it. The furniture can stay or go.

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