7542 MARKER AVE, Kissimmee, FL 34747
LISTED UNDER APPRAISED VALUE!!! This great deal is an exceptional short-term rental investment opportunity or a beautiful primary residence! Stunning 8-bedroom, 7-bathroom residence offers everything you need for luxurious living or a lucrative rental property. Perfectly situated in a prime location, with easy access to all major highways and 15 minutes from Disney World and Universal Studios. Ask about the interior design package to turn this home into Disney's Winter Wonderland and Universal's Harry Potter ride. Also, we have an option to convert the garage into a massive game room for vacationers -- ALL OF THIS for under $25k. Let's make this easy and turnkey for you! This home has TWO primary bedrooms - one downstairs and one upstairs. There are FIVE bedrooms that have private bathrooms as an ensuite - perfect for family vacations. Each room is thoughtfully designed to provide comfort and privacy. Dive into the private oasis outside with a beautiful Garden and relaxation while you enjoy the Florida sunshine. Open-Concept Living: Expansive living spaces with plenty of room for entertaining. Chef's Gourmet Kitchen: Fully equipped with newer stainless steel appliances, granite countertops, and ample storage. Furnishings: The home comes partially furnished, making it move-in ready or rental-ready from day one -- see attachments for detailed list. Dive into the private oasis spa outside with a beautiful Garden or relax in the pool while you enjoy the Florida sunshine. The Covered patio and BBQ area are perfect for outdoor dining and entertaining. Rental Potential: Average Nightly Rate: $250-$350. Located just minutes from Disney World, Universal Studios, and other major attractions, ensuring high demand and occupancy rates. Allow us to help you get this up and running as a short-term rental property! We guarantee to beat local pricing! Schedule your showing today and download our custom design packages today! Don't miss out on this incredible opportunity to own a piece of paradise in one of Florida's most sought-after locations. Whether you're looking for your forever home or a high-performing rental property, 7542 Marker Ave is the perfect choice.
You may be able to put down less than the total down payment amount of $294,900 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Frequently asked questions
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6228570