105 Ridge View DrDavenportFL33837
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Davenport at 105 Ridge View Dr, Davenport, FL, 33837 uses $92,820 cash to close to unlock $3,604/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,370/mo payment keeps the spread at $300/mo. Purchase price stands at $280,000, and rental yield measures 9.25% with $2,158/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 124.29% and total cumulative return in cash records $115,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,983 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33837, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,250 (100%) |
| Owner Occupied HU | 16,890 (64.3%) |
| Renter Occupied HU | 3,121 (11.9%) |
| Vacant Housing Units | 6,239 (23.8%) |
| Median Home Value | $353,378 |
| Average Home Value | $372,412 |
Housing Distribution
Address Breakdown
Residential
22,325
Single Family
20,196
Multi-Family
2,129
Businesses
420
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