








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Davenport at 1407 Plank Pl, Davenport, FL, 33837 generates $2,640/mo in rent and, after a $1,370/mo payment, leaves $609/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $7,312/yr on $92,817 invested. Return on cash invested sits at 27.79% in year one, and rental yield is 11.31% on a $279,990 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,356 over five years. Five-year ROI reaches 146.5% and total cumulative return in cash sums $135,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$173 monthly HOA
Neighborhood data shown for ZIP Code: 33837, Davenport, FL area.
| 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 |
Residential
22,325
Single Family
20,196
Multi-Family
2,129
Businesses
420
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Price change | $279,990 |
| 2024-10-11 | Price change | $289,490 |
| 2024-09-27 | Listed for sale | $284,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Paul King • DR HORTON REALTY OF CENTRAL FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6245490
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