Kissimmee real estate market trends

1. Profitability

The main goal of investing in a rental property is to earn income. Fortunately for a real estate investor, Kissimmee is very lucrative for both traditional and Airbnb rental properties. The average traditional and Airbnb rental income in Kissimmee is $1,466 and $2,498, respectively. The flexibility of choice of rental strategy allows investors to make a great investment with Kissimmee investment properties.

2. Affordability

The cost of rental properties is a significant influence on the demand and ability to invest in a rental market. Fortunately, housing prices in Kissimmee are excellent as they are admirably cheap. The average real estate investment price in Kissimmee is $270,216. This is considerably lower than the state median of $439,807 and the national median of $325,200. With an affordable average property price, buying investment property in Kissimmee is feasible for any experienced or novice real estate investor.

3. Valuation of immovable property

Rental income is not the only form of profit for investment properties. Real estate appreciation, or an increase in value over time, is a form of long-term profit from which all property buyers and investors benefit.

The Kissimmee real estate market has historically had a high rate of appreciation. According to NeighborhoodScout, Kissimmee’s real estate market has been at the top 20% in national appreciation over the past 10 years.

Over the past year, Kissimmee had a real estate appreciation rate of 6.7%, according to Zillow. It is expected that 2020 will bring another high rate, 3.9%, to the rental market of the city and its area of influence.