Market Conditions in 34747>Question Details

SBS, Home Buyer in New Jersey

what are good subdivsion townhome in 34747, 34746 from investmnt rental perspective. I hear HOA can make it hard to get positive cashflow.

Asked by SBS, New Jersey Wed May 18, 2011

looking in the range of 60 -85k - what subdivision will give best rental investment and long term appreciation.

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3
Saad, what's the magic in zip codes 34747 and 34746? As already noted you don't get much for $85 in those areas. If it's purely an investment, then go east a few miles. I found 14 townhouses on the east side of Kissimmee and it St. Cloud for under $85,000 AND with HOA's of between $100 and $175 a month.

Can HOA's run $400 a month or more for a townhouse? Yes, they can. That's why you find a savy realtor to help you find the ones with low HOAs.

Interested? Fell free to contract me for more info.

Good luck,
Mark LeMenager
Find your next house with the click of a mouse.
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1 vote Thank Flag Link Thu May 19, 2011
Saad:
There is only 1 single family homes in 34747 priced below $85K, 11 in 34746 and of all 12 only 2 are not short-sales. Click to see 12 homes > http://mfr.mlxchange.com/Pub/EmailView.asp?r=1920090905&…

Townhomes, i was only able to find 6 that are not short-sales, make sure to read the HOA section towards the end of each listings. Click > http://mfr.mlxchange.com/Pub/EmailView.asp?r=1331635565&…

Let me know if you have further questions.

Tony Vega
Charles Rutenberg Realty
407-791-9086
Avegapacheco@aol.com

http://www.SearchKissimmeeHomes.com
0 votes Thank Flag Link Wed May 18, 2011
Hello Saad,
I would not recommend condos or town home for investment because the HOA could run from $200-$400 monthly. I f you would like some assistance, please let me know.

Devi Pokhoy
407-227-3886
0 votes Thank Flag Link Wed May 18, 2011
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