4518 NW 11th DriveOkeechobeeFL34972
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Okeechobee at 4518 NW 11th Drive, Okeechobee, FL, 34972 offers a 8.15% rental yield on a $205,000 purchase with $1,392/mo rent. Total monthly income registers $1,392/mo, and a $1,003/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $384/yr on $67,958 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 106.43% and total cumulative return in cash at $72,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,392/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,337
Single Family
6,110
Multi-Family
227
Businesses
595
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Listed by: Lori Fairchild • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11129621