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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 3671 NW 29th Avenue, Okeechobee, FL, 34972 uses $128,954 cash to close to unlock $4,866/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,987/mo, and a $1,904/mo payment keeps the spread at $405/mo. Purchase price stands at $389,000, and rental yield measures 9.21% with $2,987/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 123.69% and total cumulative return in cash records $159,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,987/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.36 Acres 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 |
|---|---|---|
| 2025-02-14 | Listed for sale | $389,000 |
| 2023-07-13 | Sold | $325,000 |
| 2023-06-08 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2667.24 | 6.88% | $185,772 | 3.00% |
| 2022-02-15 | $2495.59 | 3.45% | $180,361 | 3.00% |
| 2021-02-15 | $2412.46 | -18.59% | $175,108 | 1.58% |
Listed by: Perla Penaloza • List it Right Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11060287
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.
