Cali Plan, Okeechobee Spot LotsOkeechobeeFL34972
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define Cali Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 in Okeechobee. Rental yield 7.48%. The 1.39 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $91,723 and $3,058/yr in principal reduction project total return of $117,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $(133) | $200 |
City averages based on Okeechobee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,070 |
| Total Monthly Debt Service | $2,071 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,337
Single Family
6,110
Multi-Family
227
Businesses
595
Nearby investment properties with comparable rents
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,337
Single Family
6,110
Multi-Family
227
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Online Sales Concierge - Okeechobee • D.R. Horton - East Florida
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A