3251 Secret Lake Dr #1322KissimmeeFL34747
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3251 Secret Lake Dr #1322, Kissimmee, FL, 34747 in Kissimmee. Rental yield 3.91%. At $637,900 with 3.91% gross yield, current distributions are modest, but the 5% appreciation rate projects $176,240 in new equity by year five, complemented by $5,875/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.73) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $104,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 7.2% |
| Monthly Cash Flow | $(2,152) | $1,250 |
City averages based on Kissimmee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,081 |
| Total Monthly Debt Service | $3,979 |
| DSCR Ratio | 0.52x |
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.
Condo
Built in 2026
11.40 Acres 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
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 2026
11.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices