2040 Royal Bay Blvd APT 30KissimmeeFL34746
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 2040 Royal Bay Blvd APT 30, Kissimmee, FL, 34746 in Kissimmee earns a 11.39% gross yield at $224,990. Rent of $2,136/mo nets $293/mo after the $1,012/mo mortgage. The 2.11 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $62,161 and $2,072/yr in equity accumulation project a total cumulative return of $127,149.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.2% |
| Monthly Cash Flow | $293 | $1,250 |
City averages based on Kissimmee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,136 |
| Total Monthly Debt Service | $1,404 |
| DSCR Ratio | 1.52x |
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.
Condo
Built in 1993
4,955 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34746, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,557 (100%) |
| Owner Occupied HU | 15,194 (51.4%) |
| Renter Occupied HU | 7,657 (25.9%) |
| Vacant Housing Units | 6,706 (22.7%) |
| Median Home Value | $403,322 |
| Average Home Value | $422,961 |
Housing Distribution
Address Breakdown
Residential
24,340
Single Family
20,136
Multi-Family
4,204
Businesses
824
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
Condo
Built in 1993
4,955 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34746, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,557 (100%) |
| Owner Occupied HU | 15,194 (51.4%) |
| Renter Occupied HU | 7,657 (25.9%) |
| Vacant Housing Units | 6,706 (22.7%) |
| Median Home Value | $403,322 |
| Average Home Value | $422,961 |
Housing Distribution
Address Breakdown
Residential
24,340
Single Family
20,136
Multi-Family
4,204
Businesses
824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices