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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 403 NE 8th Avenue, Okeechobee, FL, 34972 at $235,750 posts ROI 28.13% with $535/mo cash flow from $2,100/mo rent. Total monthly income equals $2,100/mo, and annual cash flow records $6,425/yr on $78,151 to close. Return on cash invested measures 28.13% and rental yield reads 10.69% at the current $235,750. Equity gained on principal adds $1,521/yr, and 5% annual appreciation supports $65,133 by year five. Five-year ROI prints 147.56% and total cumulative return in cash totals $115,320.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
5,000 sqft 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $235,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Rickards • Red Gator Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11071541
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.
