2217 Grand Cayman Ct APT 1233KissimmeeFL34741
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2217 Grand Cayman Ct APT 1233, Kissimmee, FL, 34741 in Kissimmee is narrow, $28/mo net on $1,994/mo rent after the $1,097/mo debt service, but the property operates at break-even-plus, not a loss. At $244,000 with a 9.81% yield, the long-run equity case via 5% appreciation ($67,413 over five years) and $2,247/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.82 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $96,359.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.2% |
| Monthly Cash Flow | $28 | $1,250 |
City averages based on Kissimmee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,994 |
| Total Monthly Debt Service | $1,869 |
| DSCR Ratio | 1.07x |
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 1999
436 sqft lot
$N/A/sqft
$327 monthly 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
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 1999
436 sqft lot
$N/A/sqft
$327 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wanda Santini • LA ROSA REALTY KISSIMMEE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5111509
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