2033 Caribbean Dr S #2033KissimmeeFL34741
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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 2033 Caribbean Dr S #2033, Kissimmee, FL, 34741 generates $1,981/mo in rent and, after a $978/mo payment, leaves $655/mo in cash flow. Total monthly income is $1,981/mo, and annual cash flow is $7,858/yr on $66,267 invested. Return on cash invested sits at 31.77% in year one, and rental yield is 11.89% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 167% and total cumulative return in cash sums $110,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,981/mo property income rather than buyer’s personal income.
Condo
Built in 1993
1,006 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34741, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,281 (100%) |
| Owner Occupied HU | 7,446 (29.5%) |
| Renter Occupied HU | 14,390 (56.9%) |
| Vacant Housing Units | 3,445 (13.6%) |
| Median Home Value | $347,316 |
| Average Home Value | $374,969 |
Housing Distribution
Address Breakdown
Residential
21,946
Single Family
14,792
Multi-Family
7,154
Businesses
2,184
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