119 Dreama DrDavenportFL33897
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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
Rental property for sale in Davenport at 119 Dreama Dr, Davenport, FL, 33897 offers $2,053/mo rent that, after a $893/mo payment, leaves $637/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $7,646/yr on $60,499 cash. Return on cash invested measures 32.55% in year one, and rental yield stands at 13.5% at a $182,500 entry. Equity gained on principal adds $1,178/yr while 5% annual appreciation compounds into $50,421 by year five. Five-year ROI records 172.74% and total cumulative return in cash reaches $104,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $893/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
5,249 sqft lot
$N/A/sqft
$205 monthly 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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Listed by: Nicholas Sebastiano • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6228077
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511