If you’re looking for a good spot to invest in a rental home, Osceola County should be at the top of your list. Florida as a whole is a terrific place to invest for both novice and seasoned investors, but the neighborhoods in Osceola County are particularly appealing for various reasons.
Today, we’ll go over those factors so that investors like you may make an educated decision about where to purchase their next income-producing property. Let’s see why Osceola County is such a fantastic choice.
Why Buying in Osceola County Is the Right Decision
Osceola County has been in a Sellers Housing Market since 2021, which indicates that prices are higher and homes are selling faster. To give you some perspective on how quickly rental properties in Osceola County are being sold, the average sale time of a house is now 21 days in January of 2022, an entire 30 days shorter than the average sale time the same last year.
Homes in Osceola County are selling for 19.3% more than they were a year ago. You might be able to get a reasonable price if you purchase a property in Osceola County. However, if you don’t want to miss out on this fantastic chance, act quickly: available residences with more than three bedrooms are down 39% from last year. The good news is that 41.3 percent of properties in this neighborhood sold for less than the asking price last month.
Appreciation of Your Osceola County, FL Property
Entering the real estate market in Osceola County does not require a large sum of money.
Property can be found at moderate prices, and there is a wide range of options. Investors are interested in single-family houses in established areas and properties in newly built HOAs and planned developments. There are multi-family apartments as well as tiny apartment buildings throughout the city.
While property prices are still among the lowest on the east coast, home values are steadily increasing. With the homes you acquire today, you may expect a long-term return on your
Rental rates have climbed over the last year, and the most desired apartments now rent for at least $1,200 per month, with some properties going for as much as $1,500 to $1,700 rent per month.
A Pool of Excellent Tenants
Finally, Osceola County has a large pool of potential tenants. Landlords will no longer have to be concerned about high vacancy rates or bad tenant choices. Renters in this neighborhood are employed, dependable, and eager to assist in the upkeep of their homes. You can rely on reliable, long-term renters who want to have a good time in their rental.
Working with Icon
If you are ready to take the future of your career in property investment, then Icon Realty is here to guide you through the process. With plenty of experience under our belts, we make sure our clients know exactly which property is best suited to their investment needs. Icon Realty gives you the best advice to help you make the best decisions to help you navigate the unknown of Florida realty.
Get in touch by visiting our contact page today!