Lakeside Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 | 7% Rental Yield

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Lakeside Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 | 7% Rental Yield | 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

Investment property for sale in Okeechobee at Lakeside Plan, Okeechobee Spot Lots, Okeechobee, FL, 34972 offers a 7% rental yield on a $354,990 purchase with $2,070/mo rent. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,077 over five years. Portfolio math shows five-year ROI at 87.82% and total cumulative return in cash at $103,340. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Lakeside is one of our brand-new one-story floorplans, ideally situated on unique spot lots in a boat and RV-friendly area of Okeechobee, Florida. Enjoy unmatched convenience and flexibility, all with the added benefit of no HOA. Plus, you can choose from two stunning exterior styles to make this home truly your own. Inside, the 5-bedroom, 3-bathroom layout spans 2,077 square feet of comfortable living space. The all-concrete block construction ensures durability, while the open-concept design seamlessly connects the kitchen, living area, and dining room, making this home ideal for both relaxation and entertaining. The main living and wet areas feature luxurious vinyl plank flooring, offering a stylish and durable surface. The kitchen is a chef's dream with sleek quartz countertops, a spacious island, stainless steel appliances, and a walk-in pantry with ample storage. The single-bowl undermount sink is both practical and elegant, enhancing the kitchen's modern appeal. Entertaining is effortless with the dining and living areas located at the heart of the home, and the covered lanai just steps away, offering a perfect outdoor space. Each of the five bedrooms is equipped with carpeted flooring and closets, providing plenty of room for personalizationwhether used as bedrooms, office spaces, or bonus rooms. The primary bedroom is a retreat located at the rear of the home. It features an ensuite bathroom with a walk-in closet, double vanity sinks, and all the space you n

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