344 Cervantes DrKissimmeeFL34743
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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 344 Cervantes Dr, Kissimmee, FL, 34743 offers a 8.26% rental yield on a $229,900 purchase with $1,582/mo rent. Total monthly income registers $1,582/mo, and a $1,125/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $679/yr on $76,212 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 108.22% and total cumulative return in cash at $82,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,582/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
592 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34743, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,038 (100%) |
| Owner Occupied HU | 8,682 (66.6%) |
| Renter Occupied HU | 3,643 (27.9%) |
| Vacant Housing Units | 713 ( 5.5%) |
| Median Home Value | $354,313 |
| Average Home Value | $376,739 |
Housing Distribution
Address Breakdown
Residential
12,753
Single Family
12,363
Multi-Family
390
Businesses
163
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