164 Lancaster DrDavenportFL33897
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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 164 Lancaster Dr, Davenport, FL, 33897 at $498,000 posts ROI 23.16% with $448/mo cash flow from $3,752/mo rent. Total monthly income equals $3,752/mo, and annual cash flow records $5,372/yr on $165,087 to close. Return on cash invested measures 23.16% and rental yield reads 9.04% at the current $498,000. Equity gained on principal adds $3,214/yr, and 5% annual appreciation supports $137,588 by year five. Five-year ROI prints 120.88% and total cumulative return in cash totals $199,552.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,752/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
6,212 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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