2015 Majorca DrKissimmeeFL34747
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2015 Majorca Dr, Kissimmee, FL, 34747 in Kissimmee hard to pass up. The 10.87% gross yield on a $470,000 purchase results in $4,256/mo in rent and $1,137/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $13,649, five-year appreciation of $129,852, and $4,329/yr in equity build-up combine for a projected total cumulative return of $252,352.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.2% |
| Monthly Cash Flow | $1,137 | $1,250 |
City averages based on Kissimmee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,256 |
| Total Monthly Debt Service | $2,932 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2016
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34747, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,834 (100%) |
| Owner Occupied HU | 6,319 (26.5%) |
| Renter Occupied HU | 8,146 (34.2%) |
| Vacant Housing Units | 9,369 (39.3%) |
| Median Home Value | $499,671 |
| Average Home Value | $584,362 |
Housing Distribution
Address Breakdown
Residential
16,690
Single Family
9,423
Multi-Family
7,267
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2016
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34747, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,834 (100%) |
| Owner Occupied HU | 6,319 (26.5%) |
| Renter Occupied HU | 8,146 (34.2%) |
| Vacant Housing Units | 9,369 (39.3%) |
| Median Home Value | $499,671 |
| Average Home Value | $584,362 |
Housing Distribution
Address Breakdown
Residential
16,690
Single Family
9,423
Multi-Family
7,267
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices