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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 9558 SW Keen Ave, Okeechobee, FL, 34974 listed at $339,000 pairs $2,640/mo rent with a $1,659/mo payment to leave $391/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $4,687/yr on $112,379 cash to close. Return on cash invested measures 24.08% in year one, and rental yield registers 9.35% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 125.79% and total cumulative return in cash totals $141,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
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 |
|---|---|---|
| 2024-12-23 | Price change | $339,000 |
| 2024-11-03 | Listed for sale | $369,000 |
| 2002-03-26 | Sold | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $907.82 | 3.09% | $61,734 | 3.00% |
| 2022-12-26 | $880.59 | 0.76% | $59,936 | 3.00% |
| 2021-12-26 | $873.99 | 9.50% | $58,191 | 1.40% |
Listed by: Vicki Anderson • Anderson Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687611
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.
