242 Saragossa AveDavenportFL33897
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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 242 Saragossa Ave, Davenport, FL, 33897 with 5% annual appreciation on a $399,999 basis while $3,610/mo rent supports operations. Total monthly income totals $3,610/mo and a $1,958/mo payment preserves $955/mo for cash returns. Annual cash flow comes to $11,464/yr on $132,600 deployed, and return on cash invested reaches 28.55% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,512 alongside rental yield of 10.83%. Five-year ROI measures 149.8% and total cumulative return in cash totals $198,639.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,610/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6,556 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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