2945 Banana Palm DrKissimmeeFL34747
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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 2945 Banana Palm Dr, Kissimmee, FL, 34747 generates $3,137/mo in rent and, after a $1,806/mo payment, leaves $688/mo in cash flow. Total monthly income is $3,137/mo, and annual cash flow is $8,260/yr on $122,324 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.2% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash sums $170,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,137/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34747, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,834 (100%) |
| Owner Occupied HU | 6,319 (26.5%) |
| Renter Occupied HU | 8,146 (34.2%) |
| Vacant Housing Units | 9,369 (39.3%) |
| Median Home Value | $499,671 |
| Average Home Value | $584,362 |
Housing Distribution
Address Breakdown
Residential
16,690
Single Family
9,423
Multi-Family
7,267
Businesses
817
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