This 3-year-old stucco ranch in Poinciana, in the Kissimmee area, is now listed for $96,900. Its previous owner paid $180,000 for this house a couple of years ago (1/20/2006), and Zillow.com now estimates its value at $176,500.This REO appears to be in good condition, and could be a decent buy as either a rental property or for an owner-occupant. This house would rent for about $1,000 per month, but it must be noted that the $240 monthly HOA dues will cut into the cash flow for an investor. If you’re looking for a deal in central Florida, however, the Kissimmee area is ripe for the picking.
The basics...
Address: 1604 Pompano Way, Poinciana, FL 34759
Current Listing Price: $96,900
PREVIOUS Sale Price: $180,000 (1/20/2006)
Size: 3 Bedrooms, 2 Bathrooms; 1,441 square feet
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