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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 2627 SW 8th St, Okeechobee, FL, 34974 offers a 6.24% rental yield on a $739,000 purchase with $3,845/mo rent. 83% in year one. Equity gained on principal adds $4,769/yr while 5% annual appreciation supports $204,172 over five years. Portfolio math shows five-year ROI at 76.17% and total cumulative return in cash at $185,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,845/mo property income against a $3,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
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 |
|---|---|---|
| 2024-06-26 | Price change | $739,000 |
| 2024-06-04 | Listed for sale | $786,000 |
| 2024-04-30 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $5657.23 | 67.81% | $400,584 | 64.92% |
| 2022-12-26 | $3371.15 | 2.57% | $242,895 | 3.00% |
| 2021-12-26 | $3286.73 | 0.76% | $235,820 | 1.40% |
Listed by: Brandon Tucker • The Tucker Group, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11505521
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.
