$215,000

2104 Penny Lane

KISSIMMEE FL, 34741

Description

Great Rental income property investment with current 4%+ Return on initial investment cash flow plus appreciation (Historically 7% annually) for an unmatched secure collateral based double digit return. Not to mention initial equity of $20,000 with appraised value of $235,000. Copy attached. 5 new occupied Units available. Pro-Forma is attached showing current cash flow including management fees. Current property manager available to continue providing service.

Details

MLS#O5808595
Sub-TypeResale
StatusActive
Year2018
Days On Site26

Features

SQ Feet1,548
Units54
Building(s)1

Market Activity 34741

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Area Information

StateFL
CountyOsceola
CityKISSIMMEE
Zip Code34741
Area34741 - Kissimmee (Downtown East)
Listing VS Median (in 34741)
Price:
$215,000
low | high
Med:
$194,800
59.395348837209% of Average
SqFt:
1,548
low | high
Med:
1,433
57.428940568475% of Average
$ / SqFt:
$139
low | high
Med:
$136
52.124214933706% of Average
On Site:
26
low | high
Med:
69
37.68115942029% of Average
Listing Updated: 09/20/2019
MLS Number: O5808595
Listing Provided By:
Byron Bonyadi  of  ASSOC REAL ESTATE INVESTMENT

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