Is Okeechobee, FL a good place to invest in rental property?

Okeechobee, FL has a median modeled monthly cash flow of $-610 and a median cap rate of 3.4%, on a median sold price of $120,000. Prices changed -1.9% year over year.

What is the average cap rate in Okeechobee, FL?

The median cap rate across recently sold homes in Okeechobee, FL is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Okeechobee, FL?

The median sold price in Okeechobee, FL is $120,000 (about $182 per square foot).

Investing in Okeechobee, FL Real Estate

A data-driven snapshot of the Okeechobee, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$120,000Median sold price

$182Median $/sqft

3.4%Median cap rate

$-610Modeled cash flow / mo

-1.9%Appreciation YoY

8.6Months of supply

477Active listings

667Sold (last 12 mo)

What the Okeechobee numbers say

In Okeechobee, FL, the median home sold for $120,000 (about $182 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-610 of monthly cash flow. Sold prices moved -1.9% over the past year. Inventory sits at about 8.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Okeechobee cash-flowing listings

CashFlowRE ranks every for-sale home in Okeechobee, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Okeechobee deals, or browse the national market data.