218 Ocean Course AveKissimmeeFL33896
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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
Investment property for sale in Kissimmee at 218 Ocean Course Ave, Kissimmee, FL, 33896 uses $142,214 cash to close to unlock $5,962/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $3,344/mo, and a $2,100/mo payment keeps the spread at $497/mo. Purchase price stands at $429,000, and rental yield measures 9.35% with $3,344/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 125.9% and total cumulative return in cash records $179,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,344/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33896, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,407 (100%) |
| Owner Occupied HU | 5,543 (31.8%) |
| Renter Occupied HU | 6,463 (37.1%) |
| Vacant Housing Units | 5,401 (31.0%) |
| Median Home Value | $389,329 |
| Average Home Value | $434,595 |
Housing Distribution
Address Breakdown
Residential
13,802
Single Family
7,999
Multi-Family
5,803
Businesses
229
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