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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 5 Shell Rd #5, Okeechobee, FL, 34974 earns $168/mo cash flow from $1,048/mo rent with a $563/mo payment. Total monthly income totals $1,048/mo, and annual cash flow totals $2,016/yr on $38,123 capital. ROI tracks 25.2% on current figures, and rental yield reads 10.94% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 133.3% and total cumulative return in cash sums $50,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,048/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,400 annually 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 |
|---|---|---|
| 2025-02-12 | Price change | $115,000 |
| 2024-12-28 | Listed for sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716321
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.
