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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% |
Rental property for sale in Okeechobee at 2526 SW 21st Ct, Okeechobee, FL, 34974 generates $2,520/mo in rent, after a $3,057/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 10.57% in year one, and rental yield is 4.84% on a $624,500 entry. Equity gained on principal adds $4,030/yr, while 5% annual appreciation builds toward $172,538 over five years. Five-year ROI reaches 53.34% and total cumulative return in cash sums $109,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
N/A 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 |
|---|---|---|
| 2024-06-11 | Price change | $624,500 |
| 2024-03-27 | Listed for sale | $597,500 |
| 2024-02-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $3586.08 | 5.84% | $266,154 | 3.00% |
| 2022-02-15 | $3388.25 | 2.56% | $258,402 | 3.00% |
| 2021-02-15 | $3303.53 | 0.78% | $250,876 | 1.40% |
Listed by: Daniel Taylor • Taylor Realty Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11557534
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.
