116 Fleming LnDavenportFL33837
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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 116 Fleming Ln, Davenport, FL, 33837 with 5% annual appreciation on a $324,000 basis while $2,456/mo rent supports operations. Total monthly income totals $2,456/mo and a $1,586/mo payment preserves $306/mo for cash returns. Annual cash flow comes to $3,668/yr on $107,406 deployed, and return on cash invested reaches 23.32% in year one. Equity gained on principal adds $2,091/yr, and five-year appreciation sums $89,515 alongside rental yield of 9.1%. Five-year ROI measures 121.75% and total cumulative return in cash totals $130,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,456/mo property income versus a $1,586/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
7,784 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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