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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 4340 SW 15th Way, Okeechobee, FL, 34974 earns $409/mo cash flow from $2,073/mo rent with a $1,174/mo payment. Total monthly income totals $2,073/mo, and annual cash flow totals $4,910/yr on $79,527 capital. ROI tracks 26.08% on current figures, and rental yield reads 10.37% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 136.99% and total cumulative return in cash sums $108,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,073/mo property income instead of your personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
$72 monthly 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 |
|---|---|---|
| 2025-01-27 | Price change | $239,900 |
| 2024-11-11 | Price change | $249,900 |
| 2024-10-05 | Listed for sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $651.10 | 20.12% | $69,664 | 3.00% |
| 2022-02-15 | $542.03 | 14.60% | $67,635 | 3.00% |
| 2021-02-15 | $472.98 | 1.47% | $65,665 | 1.40% |
Listed by: Bruce Wallace PA • NextHome Treasure Coast
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11025090
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.
