16 Miramar WayKissimmeeFL34758
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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
Investment Highlights
Rental property for sale in Kissimmee at 16 Miramar Way, Kissimmee, FL, 34758 offers $2,483/mo rent that, after a $1,512/mo payment, leaves $433/mo cash flow. Total monthly income is $2,483/mo, and annual cash flow is $5,194/yr on $102,434 cash. Return on cash invested measures 24.98% in year one, and rental yield stands at 9.64% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 130.61% and total cumulative return in cash reaches $133,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,483/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34758, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,174 (100%) |
| Owner Occupied HU | 10,642 (70.1%) |
| Renter Occupied HU | 3,379 (22.3%) |
| Vacant Housing Units | 1,153 ( 7.6%) |
| Median Home Value | $338,321 |
| Average Home Value | $342,577 |
Housing Distribution
Address Breakdown
Residential
14,374
Single Family
13,925
Multi-Family
449
Businesses
244
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