653 SE 13th AvenueOkeechobeeFL34974
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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 653 SE 13th Avenue, Okeechobee, FL, 34974 earns $173/mo cash flow from $2,396/mo rent with a $1,640/mo payment. Total monthly income totals $2,396/mo, and annual cash flow totals $2,070/yr on $111,053 capital. ROI tracks 21.77% on current figures, and rental yield reads 8.58% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 113.44% and total cumulative return in cash sums $125,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,396/mo property income instead of your personal income.
Single Family
Built in 2004
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34974, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,290
Single Family
10,391
Multi-Family
899
Businesses
471
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Listed by: Anayeli Solis • Solis Realty Group LLC
Mls Name: BeachesMLS
Mls ID: #RX-11133503