281 Trinity Ridge CirDavenportFL33897
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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 281 Trinity Ridge Cir, Davenport, FL, 33897 offers $3,223/mo rent that, after a $1,804/mo payment, leaves $653/mo cash flow. Total monthly income is $3,223/mo, and annual cash flow is $7,835/yr on $122,188 cash. Return on cash invested measures 26.32% in year one, and rental yield stands at 10.49% at a $368,590 entry. Equity gained on principal adds $2,378/yr while 5% annual appreciation compounds into $101,835 by year five. Five-year ROI records 138.25% and total cumulative return in cash reaches $168,918. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,223/mo property income versus a $1,804/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
5,488 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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