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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 2420 NW 344th Street, Okeechobee, FL, 34972 earns from $1,739/mo rent with a $1,468/mo payment. Total monthly income totals $1,739/mo. ROI tracks 16.88% on current figures, and rental yield reads 6.96% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 87.18% and total cumulative return in cash sums $86,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,739/mo property income instead of your personal income.
Manufactured
Built in 2024
N/A 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 |
|---|---|---|
| 2025-02-27 | Listed for sale | $299,900 |
| 2023-09-25 | Sold | $85,000 |
| 2022-12-29 | Listed for sale | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-27 | $626.18 | 18.25% | $48,400 | 31.52% |
| 2022-02-27 | $529.52 | 21.60% | $36,800 | 66.52% |
| 2021-02-27 | $435.47 | 2.44% | $22,100 | 3.27% |
Listed by: Kristen Vallejos • Southern Key Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11066234
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
