








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Okeechobee at 5286 SE 43rd Trace, Okeechobee, FL, 34974 generates $1,724/mo in rent, after a $3,916/mo payment. Total monthly income is $1,724/mo. Return on cash invested sits at 2.66% in year one, and rental yield is 2.59% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 11.26% and total cumulative return in cash sums $29,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Multi Family
Built in 1985
N/A lot
$N/A/sqft
$232 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 |
|---|---|---|
| 2024-11-14 | Price change | $800,000 |
| 2024-10-02 | Price change | $999,000 |
| 2024-06-07 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Maria Rosado • EXP Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10994427
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 2024 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.