7341 NW 95th Ct · Okeechobee, FL 34972

$225,000

4 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 50 Days on market

Built 1982 Est $278k · 19% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.8/30.0
• ARV discount +15.0/15.0
• DSCR +6.3/10.0
• 1% rule +4.7/10.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +2.0/10.0

Listing remarks MLS

THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

Key facts

• Close to town
• Country living
• Spacious lot

Tags

• SPACIOUS LOT
• OUTDOOR ENJOYMENT
• COUNTRY LIVING
• CLOSE TO TOWN
• LAKE OKEECHOBEE

Property features AI

Finance

• HOA & community: No association amenities

Exterior

• Parking: Driveway
• Utilities: Has heating and cooling (central); Electric service
• Home design: Single-family residence; One story; First-floor entry; Faces south; Resale property
• Construction: Block/CBS construction; Composition/shingle roof
• Exterior features: Fenced yard; Not waterfront

Interior

• Kitchen: Electric range
• Bedrooms: One main-level bedroom
• Flooring: Carpet; Concrete; Other
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Electric range; Washer and dryer hook-ups
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $266 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (3.0% below list).
• Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.3% in Okeechobee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#210 in FL, #3,234 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities F, commute F.
• Okeechobee (town): math 44% / reading 42% proficiency, ranked #58 of 73 in FL (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Seminole Elementary School (math 57% / reading 54%, grade C, #855 of 2,144 statewide, top 41%, 502 students, 75% FRL); Yearling Middle School (math 45% / reading 32%, grade F, #384 of 571 statewide, top 68%, 668 students, 70% FRL); Okeechobee High School (math 30% / reading 42%, grade F, #359 of 667 statewide, top 55%, 1,692 students, 62% FRL) — zoned schools at 69% FRL track the district average.
• Market conditions: 644 active listings in the ZIP; 18 units permitted in Okeechobee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Okeechobee County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $170k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 7.71%
• Cash-on-cash: 5.07%
• DSCR: 1.23
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $278,304
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7341 NW 95th Ct	0.00mi	4/2.0	1,400 (+12%)	1mo	$220,000	$157	75
7633 NW 93rd Ct	0.22mi	3/2.0 (-1)	1,395 (+12%)	11mo	$390,000	$280	52
7619 NW 87th Ct	0.49mi	3/2.0 (-1)	1,200 (-4%)	24mo	$240,000	$200	42
7683 NW 87th Ct	0.51mi	3/2.0 (-1)	1,400 (+12%)	20mo	$312,500	$223	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.69×
• Total profit: $-19,536
• Equity at exit: $33,548

10-year hold

• IRR: 1.1%
• Equity multiple: 1.07×
• Total profit: $4,707
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34972

• Home prices YoY: -1.5%
• Active inventory: 644
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,183 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$185 /mo · $2,220/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$458
• Net cashflow: $266

Break-even live

Break-even rent $1,846

Max offer price $225,000

Occupancy floor 83%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-04-30
   status Pending
2. 2025-06-20
   listed $225,000 Active
3. 2021-12-28
   soldstatus $169,500 Closed 377-char remark

   Show marketing remark (377 chars)

   THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

4. 2021-12-21
   soldstatus $169,600
5. 2021-10-21
   status Pending 377-char remark

   Show marketing remark (377 chars)

   THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

6. 2021-10-21
   status Active 377-char remark

   Show marketing remark (377 chars)

   THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

7. 2021-10-13
   status Pending 377-char remark

   Show marketing remark (377 chars)

   THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

8. 2021-09-27
   listed $189,000 Active 377-char remark

   Show marketing remark (377 chars)

   THIS CBS HOME IS BEING USED AS A 4 BEDROOM. THE 4TH BEDROOM NEEDS SOME FINISHING WORK. THE KITCHEN HAS BEEN REMODELED WITH NICE WOOD CABINETS AND TILE FLOORING. THE BATH HAS BEEN REMODELED AS WELL. THE OWNERS ARE TO GIVE AN ALLOWANCE FOR THE A/C UNIT THAT NEEDS A COMPRESSOR. THIS PROPERTY IS COMPLETELY FENCED WITH LARGE DOG PENS IN THE BACKYARD NEAR THE BACK OF THE PROPERTY.

9. 1990-09-01
   soldstatus $37,500
10. 1982-12-01
    soldstatus $32,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,220 · $185/mo
• Projected year-2 tax: $2,220 · $185/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,200
• − Mortgage interest: −$12,603
• − Property taxes: −$2,220
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,096
• − Management: −$2,096
• − Depreciation: −$6,545
• Taxable loss: −$486
• Est. tax savings @ 24.0%: +$117
• After-tax cash flow: $3,310/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Okeechobee
• NCES district ID: 1201410
• Math proficiency: 44% ▼ -12.00%
• Reading proficiency: 42% ▼ -4.00%
• Median HH income: $36,710
• Composite: 35.73/100
• National rank: #4855
• State rank: #58 of 73 in FL

Livability — Okeechobee

• Score: 77/100
• State rank: #210
• US rank: #3234

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment C- Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 23,975
• Population (ZIP): 19,185

Population outlook (Okeechobee County) Hauer SSP2

• Today (2025): 37,273 people
• By 2030: 35,885 · -3.7%
• By 2040: 32,931 · -11.6%
• By 2050: 29,433 · -21.0%
• By 2075: 19,607 · -47.4%
• By 2100: 11,814 · -68.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 52% Hispanic / Latino 30% Black 14% Two or more races 14%
• Hispanic origin (detail): Mexican 24% Puerto Rican 1% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 1% Romanian 1%
• Foreign-born: 12% · Canada, Dominican Republic
• Languages at home: 77% English-only · Spanish 22% Other Indo-European 0%

Political lean MEDSL · Okeechobee

• 2024 margin: Solid R (+53.8) · D 22.9% · R 76.7%
• 2008→2024 swing: -34.6pp toward R · 2008: -19.2pp · 2024: -53.8pp
• All cycles: 2024: R+53.8 2020: R+44.4 2016: R+39.5 2012: R+20.0 2008: R+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -5.94%
• Current HPI: 389.1156
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+592.3% since first listed

10 events — show timeline

• 2026-04-30 Pending — Beaches MLS
• 2025-06-20 Listed $225,000 Beaches MLS
• 2021-12-28 Sold (MLS) $169,500 Stellar MLS as Distributed by MLS Grid
• 2021-12-21 Sold (Public Records) $169,600 Public Records
• 2021-10-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-10-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-09-27 Listed $189,000 Stellar MLS as Distributed by MLS Grid
• 1990-09-01 Sold (Public Records) $37,500 Public Records
• 1982-12-01 Sold (Public Records) $32,500 Public Records

Property tax history

+11.5%/yr

Latest (2025): $2,220 · +13.2% YoY. Source: county tax records.