Short term rentals in Kissimmee

[Matthew Ranucci]

Looking to purchase a 3-4 bedroom single family with a pool in the 34747 zip code of Kissimmee. The intent would be for this to be a Disney themed STR and I'm looking for input from anyone with experience in the area. Is it over saturated? Is the inflated 400-450k price point allowing these properties to generate a decent return? Any tips/tricks/advice would be greatly appreciated.

[Ryan Moyer]

If you theme it, they will come.

Seriously though, I own in the area and my thoughts on the area are simple.  If you just have a "nice place" with nice furniture and whatnot, then yes it's oversaturated.  There are 40,000 of those and most of those owners got them cheaper so you're left to compete on price with people that have much lower expenses than you.

If you bring the Disney experience into the home, there is still (good) money to be made there.  I'm talking arcade machines, theaters, slides, LED lights, murals, etc all themed out to some Disney movie.  

There are lots of those in the area too, but still few enough that you are competing with 1000 other owners instead of 40,000.