8831 Coral Palms Ct APT BKissimmeeFL34747
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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 8831 Coral Palms Ct APT B, Kissimmee, FL, 34747 priced at $267,900 converts $2,195/mo rent into $107/mo cash flow after a $1,311/mo obligation. Total monthly income equals $2,195/mo, and annual cash flow totals $1,283/yr on $88,809 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 9.83% against a $267,900 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,016 by year five. Five-year ROI reaches 112.69% and total cumulative return in cash sums $100,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,195/mo property income covering a $1,311/mo payment, not borrower’s personal income.
Condo
Built in 1994
1,132 sqft lot
$N/A/sqft
$269 monthly 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
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Listed by: Buffy Barrott • RESIDENTIAL MATCHMAKERS LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5111470
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