116 Miramar AveDavenportFL33897
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Nearby investment properties with comparable prices
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 Miramar Ave, Davenport, FL, 33897 at $212,000 posts ROI 20.59% with $40/mo cash flow from $1,447/mo rent. Total monthly income equals $1,447/mo, and annual cash flow records $477/yr on $70,278 to close. Return on cash invested measures 20.59% and rental yield reads 8.19% at the current $212,000. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 by year five. Five-year ROI prints 107.07% and total cumulative return in cash totals $75,247.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2004
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33897, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,034 (100%) |
| Owner Occupied HU | 8,197 (54.5%) |
| Renter Occupied HU | 2,928 (19.5%) |
| Vacant Housing Units | 3,909 (26.0%) |
| Median Home Value | $331,383 |
| Average Home Value | $360,837 |
Housing Distribution
Address Breakdown
Residential
12,186
Single Family
10,198
Multi-Family
1,988
Businesses
205
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