429 Spike CtPoincianaFL34759
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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 Poinciana at 429 Spike Ct, Poinciana, FL, 34759 earns $167/mo cash flow from $1,660/mo rent with a $1,101/mo payment. Total monthly income totals $1,660/mo, and annual cash flow totals $2,008/yr on $74,554 capital. ROI tracks 22.6% on current figures, and rental yield reads 8.86% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 117.9% and total cumulative return in cash sums $87,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,660/mo property income instead of your personal income.
Single Family
Built in 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34759, Kissimmee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,527 (100%) |
| Owner Occupied HU | 13,526 (69.3%) |
| Renter Occupied HU | 3,775 (19.3%) |
| Vacant Housing Units | 2,226 (11.4%) |
| Median Home Value | $341,383 |
| Average Home Value | $363,596 |
Housing Distribution
Address Breakdown
Residential
18,819
Single Family
18,669
Multi-Family
150
Businesses
223
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