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Airbnb Investment All About Airbnb

Investing in Property for Sale: How to Buy A Profitable Property for Airbnb in Kissimmee

airbnb property for sale Kissimmee

Kissimmee is often coined as the “gateway to theme parks & adventure”, simply because it is! No matter how young or old you are, this city is surely a must-see destination. Since Kissimmee is nearby popular theme parks such as Disney World and Universal Studios, you can instantly imagine what the market is like for property investors.

But wait! Before deciding to purchase a property in Kissimmee, it’s certainly important to consider the major costs and revenue. While rental arbitrage in Kissimmee is fairly popular and does not require you to purchase a property, it’s still recommended to learn about buying a property for Airbnb in the future and making sure that it’s profitable. 

At the same time, it’s also essential to consider the Airbnb rules in Kissimmee in order to operate an Airbnb business without worrying about breaching the laws.

Here’s an interesting fact: Kissimmee is one of the best cities to start an Airbnb in the USA!

The median list price of homes in Kissimmee, FL was $379,900 in October 2022, compared to $442,400 in 2021. Kissimmee, FL was a seller’s market October 2022, which means that there are more people looking to buy than there are homes available.

Movoto Real Estate on Kissimmee Market Trends

Airbnb occupancy rates by city state that an average host in Kissimmee can earn up to $28,044 during the peak seasons from June – July. With over 1,746 Airbnb listings in Kissimmee, it’s certainly a catch for property investors.

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment in Kissimmee, property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Is Property Investment Profitable in Kissimmee City Centre?

Using a free Airbnb calculator, it was discovered that a 2-bedroom property in Kissimmee City Centre can generate an annual revenue of $41,490 with a steady occupancy rate of 95% and a nightly rate of $95.

airbnb property for sale Kissimmee

airbnb property for sale Kissimmee

Profitable Properties for Sale in Kissimmee City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in Kissimmee City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property for sale Kissimmee
airbnb property for sale Kissimmee

5245 W Irlo Bronson Memorial Hwy # 215, Kissimmee, FL 34746

1. Studio-type Property for Sale Kissimmee
3.6 miles to Kissimmee Middle School

Asking Price: $108,900

GROSS RENTAL YIELD 24.63%
ANNUAL REVENUE $26,820
CASH ON CASH RETURN 48.12%
airbnb property for sale Kissimmee
airbnb property for sale Kissimmee

2749 Camper Ave, Kissimmee, FL 34744

2. 1-Bedroom Property for Sale Kissimmee
1.2 miles to Mill Creek Elementary School

Asking Price: $86,995

GROSS RENTAL YIELD 24.61%
ANNUAL REVENUE $21,409
CASH ON CASH RETURN 48.06%
airbnb property for sale Kissimmee
2-Bedroom Kissimmee

2100 Pleasant Hill Rd Lot 89, Kissimmee, FL 34746

3. 2-Bedroom Property for Sale Kissimmee
1.6b miles to Horizon Middle School

Asking Price: $90,000

GROSS RENTAL YIELD 26.70%
ANNUAL REVENUE $20,425
CASH ON CASH RETURN 66.07%
3-Bedroom Kissimmee
3-Bedroom Kissimmee

1729 Sugar Pine Ave Unit 212, Kissimmee, FL 34758

4. 3-Bedroom Property for Sale Kissimmee
0.7 miles to Sunrise Elementary School

Asking Price: $135,000

GROSS RENTAL YIELD 36.39%
ANNUAL REVENUE $32,644
CASH ON CASH RETURN 46.77%
4-Bedroom Kissimmee
4-Bedroom Kissimmee

1222 Avenue H, Haines City, FL 33844

5. 4-Bedroom Property for Sale Kissimmee
0.6 miles to Eastside Elementary School

Asking Price: $165,000

GROSS RENTAL YIELD 43.18%
ANNUAL REVENUE $45,878
CASH ON CASH RETURN 57.65%

Conclusion

Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Kissimmee such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property. 

Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions! 

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

Airbtics
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Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Kissimmee

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: you don’t need to own a property to start the Airbnb rental arbitrage business! 

In this article, we featured the entire process of Airbnb rental arbitrage in Kissimmee, its profitability, along with the best areas and neighborhoods. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage!

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property.

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Kissimmee, David manages 20 listings and there’s a huge possibility that he doesn’t own all the properties. He has made $1,123,639 in the last 12 months.  

Kissimmee airbnb rental arbitrage

Is Rental Arbitrage Profitable in Kissimmee?

Before you dive in and start putting out your hard-earned money on a property, it’s important to know how much profit you can make. For instance, the best neighborhood to invest in is Bella Vida, which is popular due to its close proximity to universal theme parks and various chic restaurants.

Using Airbtics’ income generator, you can easily discover that rental arbitrage in Kissimmee is profitable.

Kissimmee airbnb rental arbitrage
Profit & Monthly Expense in Kissimmee

Based on Airbtics’ data, you can earn a whopping $3,428 per month for a 3-bedroom apartment in Bella Vida alone. With the data provided, you can certainly tell that investing in a property in Kissimmee is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
$1,899 $3,428 $686 $843

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses ($3,428 – $1,899 – $686 = $843).

 Startup Cost in Kissimmee

Now that you have an overview of how much your monthly expense & revenue, let’s talk about the start-up cost. How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
$5,798 7 months

The average estimated startup cost (for furnishing) in Kissimmee is around $2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price ($3,798). Now that we have a total startup cost of $5,798, cash return time can be calculated by dividing this by the monthly profit ($843). 

Given your monthly revenue of $843, it will take approximately 7 months time to get back the startup cost! In such a short period of time, you can already expect profit and consider starting your second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Kissimmee.

Best Areas for Rental Arbitrage in Kissimmee

Before investing in a particular area in Kissimmee, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 boroughs in Kissimmee ranked by their annual revenue, along with their occupancy & daily rates!

1. Foxhall

Foxhall offers cozy properties for all kinds of tenants at a very reasonable price. With a few minutes away from famous attractions including Walt Disney World. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Foxhall:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1 bedroom $1,295 $2,088 81% $122
2-bedroom $1,650 $3,384 87% $135
3-bedroom $1,999 $3,175 90% $129

According to our Airbtics Dashboard, there are more than 12 Airbnb listings with 1 condo property and 3 one-bedroom properties in this area. The monthly revenue for most properties in Foxhall is more than $1,947 per month with occupancy being more than 71%.

2. Bella Vida

Located in the central part of Kissimmee, Bella Vida is a resort community that offers various shopping centres and cafes. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Bella Vida:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1 bedroom $1,437 $2,609 82% $88
2-bedroom $1,565 $2,285 97% $115
3-bedroom $1,899 $3,428 90% $158

This area has a total of 36 Airbnb listings with 24 private room properties and 1 one-bedroom property. The monthly revenue for most properties in Bella Vida is more than $1,689 per month with occupancy being more than 87%.

3. Bermuda Bay

This neighborhood is ideal for first-time investors in Kissimmee because of its accessibility to major roads. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Bermuda Bay:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1 bedroom $1,502 $2,544 91% $78
2-bedroom $1,941 $2,763 90% $91
3-bedroom $2,160 $3,343 91% $154

This area has a total of 26 Airbnb listings with 3 private room properties and 15 one-bedroom properties. The monthly revenue for most properties in Bermuda Bay is more than $2,570 per month with occupancy being more than 87%.

how much can you make on airbnb

Short-term rental regulations in Kissimmee

To begin with, it’s certainly important to be familiar with the Airbnb rules in Kissimmee to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Conditional Use Permit may be required. Kissimmee requires many operators of short-term rentals to apply for and obtain a conditional use permit from the City.
  • Hosts will also need to apply for and obtain a business tax receipt specific to short-term rentals.
  • Kissimmee enforces rules and regulations specifying minimum construction, design, and maintenance standards for buildings, including regulations on habitability, health, and safety based on Florida building codes.

Rental Properties in Kissimmee

To run an Airbnb rental arbitrage in Florida, you can look at property websites and get a grasp of the ranging prices in Kissimmee:

1. Apartments
sublet in Kissimmee
sublet in Kissimmee

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Kissimmee

Are you looking to invest in an Airbnb property in Florida? If you have chosen Kissimmee in particular, then you’re on the right track. Florida is one of the booming short-term rental areas and it was also recently recognized to be part of the most profitable Airbnb cities in the USA this summer of 2022.

There’s no doubt that the best places to Airbnb in Florida are generating thousands of dollars for property owners and investors. In addition to this, Kissimmee offers various investment opportunities that one should not miss out on.

Continue reading to learn more about Airbnb rules in Kissimmee and check out the profitability in this city.

Is Airbnb legal in Kissimmee? 

Let’s cut the story short: Yes, Airbnb is certainly legal in Kissimmee! With more than 8 million visitors annually, this city is popular for its thrilling attractions such as the Walt Disney World Resort, Kissimmee Lakefront Park, Museum of Military History, and more.

Here is a little proof! As of July 2022, there are 3,202 nights available in Kissimmee from Airbnb alone. David manages 20 listings, while Evolve and Moradda Vacation Homes operate 20 and 20 respectively.

How much can I make by running an Airbnb in Kissimmee?

Currently, there are 197 Airbnb listings in Kissimmee, with 36% of entire houses earning up to $2,753 a month. The Average Occupancy Rate in Kissimmee is 69% and the average daily rate is $73. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Kissimmee can make up to $24,842 each year. Check out our Airbnb Profit Calculator!

Kissimmee airbnb rules
What Are The Short-term Rental Accommodation Policies in Kissimmee?
  • Conditional Use Permit may be required. Kissimmee requires many operators of short-term rentals to apply for and obtain a conditional use permit from the City.
  • Hosts will also need to apply for and obtain a business tax receipt specific to short-term rentals.
  • Kissimmee enforces rules and regulations specifying minimum construction, design, and maintenance standards for buildings, including regulations on habitability, health, and safety based on Florida building codes.
how much can you make on airbnb

Is Kissimmee A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you have an option of not owning one. This is because there are many property investors who enjoy doing rental arbitrage in Florida as a passive income!

Based on a recent report about Airbnb occupancy rates by city, Kissimmee has a potential annual revenue of $28,044 during peak seasons from June – July. These Airbnb metrics are important in order to expect potential revenue and avoid losing hard-earned money. Before starting an Airbnb business, getting to know your preferred area’s occupancy rates, average daily rates, and annual revenue are important to achieve success.

By using an accurate short-term rental calculator, you’ll be able to confirm if Kissimmee is a good place for investment! In the digital era, it’s easy to discover your estimated annual revenue and high-return investment opportunities in Kissimmee.

Kissimmee airbnb rules

Source: Airbtics Dashboard

Kissimmee’s Property Market 2022

Based on a recent report of Kissimmee’s rental market trend in 2022, there is a 19% price increase in comparison to the previous year. Despite this fact, more and more tenants are still interested in renting properties for passive income in Kissimmee.

Kissimmee’s Rental Market

Source: Kissimmee’s Average Rental Trend

Profitable Neighborhoods in Kissimmee

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs Average House Price (2bd apartments) Average Rent Price Average Airbnb Revenue
Foxhall $240,000 $1,650 $3,384
Bella Vida $275,000 $1,565 $2,285
Bermuda Bay $200,000 $1,941 $2,763

Source for Property Price: Properties in Kissimmee

Conclusion 

In general, considering the Airbnb rules & regulations in Kissimmee will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Airbtics
Airbnb Data
Airbnb Data

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