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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 23801 SW Martin Highway, Okeechobee, FL, 34974 listed at $629,000 pairs $4,016/mo rent with a $3,079/mo payment. Total monthly income runs $4,016/mo. Return on cash invested measures 19.14% in year one, and rental yield registers 7.66% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 99.29% and total cumulative return in cash totals $205,473. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,016/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
4.23 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenny Phillips • Select Properties/Treas Coast
Mls Name: BeachesMLS
Mls ID: #RX-11143800
