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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 5150 NE 122nd Dr, Okeechobee, FL, 34972 earns from $2,100/mo rent with a $2,692/mo payment. Total monthly income totals $2,100/mo. ROI tracks 9.78% on current figures, and rental yield reads 4.58% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 49.12% and total cumulative return in cash sums $88,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2006
2.12 Acres 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 |
|---|---|---|
| 2025-01-06 | Price change | $550,000 |
| 2024-12-26 | Price change | $575,000 |
| 2024-12-17 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2580.13 | 19.38% | $179,513 | 14.72% |
| 2022-02-15 | $2161.31 | 3.98% | $156,485 | 3.00% |
| 2021-02-15 | $2078.66 | 0.98% | $151,927 | 1.40% |
Listed by: Mark Goodbread • C 21 HAZELLIEF & PREVATT RLTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OK224772
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
