122 2nd StDavenportFL33837
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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 122 2nd St, Davenport, FL, 33837 priced at $220,000 pairs $1,762/mo rent with $302/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,762/mo, and annual cash flow comes to $3,622/yr on $72,930 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 9.61% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 130.07% and total cumulative return in cash reaches $94,859. For financing, Ziffy Mortgage’s DSCR program evaluates $1,762/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
10,711 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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Listed by: Tania Bobe • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4933685
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