Freeport II Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 | $80/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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Freeport II Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 | $80/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Okeechobee at Freeport II Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 priced at $299,990 converts $2,070/mo rent into $80/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,070/mo, and annual cash flow totals $954/yr on $99,447 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.28% against a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,882 by year five. Five-year ROI reaches 108.57% and total cumulative return in cash sums $107,973. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,070/mo property income covering a $1,468/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Located in the desirable Okeechobee, Florida, the Freeport II offers everything you need in a single-story layout that lives larger than its square footage. With four bedrooms, there's flexibility for whatever life brings-guest space, a home office, or that creative studio you've always wanted. Two full bathrooms with sleek fixtures and easy-care quartz countertops provide both comfort and style. At the heart of the home, the open-concept kitchen shines with a central island, walk-in pantry, and a seamless connection to the spacious great room-perfect for hosting friends or enjoying laid-back evenings in. Tucked privately at the back, the primary suite offers a relaxing retreat with a large walk-in closet and a well-appointed ensuite bath. Step outside to the covered patio, perfect for weekend grilling or winding down with your favorite book and a breeze. And with no HOA fees, you'll enjoy the freedom to live your way-without extra costs or restrictions. Designed with energy efficiency in mind, the Freeport II features Low-E windows, a high-efficiency HVAC system, and storm-ready construction for added peace of mind. Whether you're starting out, moving up, or simplifying, the Freeport II blends smart design with stylish finishes-offering comfort, value, and room for everyone. For more information contact us at (863) 591-6575 OnlineSalesConcierge@drhorton.com

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