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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 306 SW 15th Street, Okeechobee, FL, 34974 uses $125,970 cash to close to unlock $2,258/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,710/mo, and a $1,860/mo payment keeps the spread at $188/mo. Purchase price stands at $380,000, and rental yield measures 8.56% with $2,710/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 113.08% and total cumulative return in cash records $142,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,710/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.58 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: Margaret Lynn Schellenger • Real Estate of Florida
Mls Name: BeachesMLS
Mls ID: #RX-11138346
