38 Lake Villa WayKissimmeeFL34743
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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 38 Lake Villa Way, Kissimmee, FL, 34743 offers $2,092/mo rent that, after a $1,184/mo payment, leaves $487/mo cash flow. Total monthly income is $2,092/mo, and annual cash flow is $5,838/yr on $80,223 cash. Return on cash invested measures 27.19% in year one, and rental yield stands at 10.37% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 142.47% and total cumulative return in cash reaches $114,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,092/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1981
1,525 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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