2957 Simile StKissimmeeFL34746
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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 2957 Simile St, Kissimmee, FL, 34746 offers a 10.82% rental yield on a $459,900 purchase with $4,147/mo rent. Total monthly income registers $4,147/mo, and a $2,251/mo payment leaves $1,095/mo available for distribution. Annual cash flow reaches $13,140/yr on $152,457 to close, and return on cash invested stands at 28.53% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 149.67% and total cumulative return in cash at $228,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,147/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
2,614 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
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