Investment Opportunity: Kissimmee, FL 34759 🌟

Description

Property Overview:

Address: 255 Hibiscus Ln, Kissimmee, FL 34759
Price: $250,000 remaining on mortgage
Interest Rate: 5.1% PITI
Monthly Payment: $1,858
Entry Cost: $25,000
Key Features:

Location: Situated in the desirable Poinciana neighborhood, offering easy access to local amenities and attractions.
Condition: Rent-ready, minimizing the need for immediate repairs or renovations.
Structure: Modern single-family home with a spacious layout.
Potential Rent: Competitive rental market in the area, providing a lucrative opportunity for steady income.
Property Highlights:

Bedrooms: 3
Bathrooms: 2
Square Footage: Approximately 1,800 sq. ft.
Lot Size: Generous lot with a well-maintained yard, perfect for tenants seeking outdoor space.
Amenities: Close proximity to schools, shopping centers, parks, and recreational facilities.
Community: Part of a well-kept neighborhood, ensuring a safe and attractive environment for renters.
Financial Details:

Current Mortgage Balance: $250,000
Monthly PITI: $1,858
Required Entry: $25,000
Estimated Rental Income: Potential for positive cash flow with market rents averaging around $2,200-$2,400 per month.
Investment Benefits:

High Demand: Strong rental demand in Kissimmee area, driven by proximity to Orlando’s attractions and a growing job market.
Low Vacancy Rate: Consistent rental interest ensures minimal downtime between tenants.
Appreciation Potential: Steady property value appreciation in a thriving real estate market.