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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 2643 SE 27th Street, Okeechobee, FL, 34974 generates $2,406/mo in rent and, after a $1,713/mo payment, leaves $84/mo in cash flow. Total monthly income is $2,406/mo, and annual cash flow is $1,003/yr on $115,992 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.25% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 108.08% and total cumulative return in cash sums $125,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,406/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.31 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: John Michael Rickards • Red Gator Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11126872
