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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 646 SW 33rd Cove, Okeechobee, FL, 34974 offers a 5.72% rental yield on a $295,000 purchase with $1,406/mo rent. 14% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 67.15% and total cumulative return in cash at $65,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,406/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Debra Lynn L Luterman • Integrity Realty Group of Florida LLC
Mls Name: BeachesMLS
Mls ID: #F10504242
