2355 SW 28th St APT 90GOkeechobeeFL34974
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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 2355 SW 28th St APT 90G, Okeechobee, FL, 34974 offers a 9.31% rental yield on a $147,000 purchase with $1,140/mo rent. 3% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 101.92% and total cumulative return in cash at $49,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
609 sqft lot
$N/A/sqft
$182 monthly 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: Bonnie Williams • FLORIDA HOMES REALTY & MORTGAGE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224853
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