1207 Long Cove Loop #1207DavenportFL33896
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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 1207 Long Cove Loop #1207, Davenport, FL, 33896 uses $97,428 cash to close to unlock $10,237/yr annual cash flow and $853/mo monthly cash flow. Total monthly income runs $3,425/mo, and a $1,438/mo payment keeps the spread at $853/mo. Purchase price stands at $293,900, and rental yield measures 13.98% with $3,425/mo rent. Return on cash invested shows 30.42% in year one, and 5% annual appreciation builds toward $81,199 over five years. Five-year ROI reaches 162.59% and total cumulative return in cash records $158,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,425/mo property income covering a $1,438/mo payment rather than investor’s personal income.
Condo
Built in 2016
2,177 sqft lot
$N/A/sqft
$622 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33896, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,407 (100%) |
| Owner Occupied HU | 5,543 (31.8%) |
| Renter Occupied HU | 6,463 (37.1%) |
| Vacant Housing Units | 5,401 (31.0%) |
| Median Home Value | $389,329 |
| Average Home Value | $434,595 |
Housing Distribution
Address Breakdown
Residential
13,802
Single Family
7,999
Multi-Family
5,803
Businesses
229
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Listed by: Odry Vargas • ODRY VARGAS REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6234470
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