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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 3790 NW 4th Ave, Okeechobee, FL, 34972 offers a 8.87% rental yield on a $235,500 purchase with $1,741/mo rent. Total monthly income registers $1,741/mo, and a $1,153/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,134/yr on $78,068 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $1,520/yr while 5% annual appreciation supports $65,064 over five years. Portfolio math shows five-year ROI at 118.09% and total cumulative return in cash at $92,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,741/mo property income against a $1,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
0.29 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 |
|---|---|---|
| 2025-09-12 | Sold | $235,500 |
| 2025-08-06 | Pending sale | $239,900 |
| 2025-06-27 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $347.09 | 2.00% | $14,490 | N/A |
| 2023-10-27 | $340.30 | 26.58% | $14,490 | N/A |
| 2022-10-27 | $268.85 | 20.89% | $14,490 | 100.00% |
Listed by: Karina Meza • Oceanica International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11811073
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.
