514 NW 12th StreetOkeechobeeFL34972
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Nearby investment properties with comparable prices
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 514 NW 12th Street, Okeechobee, FL, 34972 uses $95,469 cash to close to unlock $1,169/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $2,009/mo, and a $1,410/mo payment keeps the spread at $97/mo. Purchase price stands at $287,990, and rental yield measures 8.37% with $2,009/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $79,566 over five years. Five-year ROI reaches 110.01% and total cumulative return in cash records $105,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $1,410/mo payment rather than investor’s personal income.
Single Family
Built in 2026
10,500 sqft 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: Hoa Lohela • Holiday Builders of the Gulf Coast
Mls Name: BeachesMLS
Mls ID: #RX-11157371