2348 Prime Cir APT BKissimmeeFL34746
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 2348 Prime Cir APT B, Kissimmee, FL, 34746 in Kissimmee is the 1.59 coverage ratio: rent of $1,573/mo versus a $989/mo debt payment on a $220,000 property. Rental yield 8.06%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $60,782 by year five, with $2,026/yr in equity from paydown. Total projected cumulative return: $71,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.2% |
| Monthly Cash Flow | $(309) | $1,250 |
City averages based on Kissimmee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,573 |
| Total Monthly Debt Service | $1,699 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Apartment
Built in 1999
479 sqft lot
$N/A/sqft
$300 monthly 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
Apartment
Built in 1999
479 sqft lot
$N/A/sqft
$300 monthly 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