296 Famagusta DrDavenportFL33896
Nearby investment properties with comparable rents
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 296 Famagusta Dr, Davenport, FL, 33896 at $470,000 posts ROI 22.48% with $333/mo cash flow from $3,452/mo rent. Total monthly income equals $3,452/mo, and annual cash flow records $4,001/yr on $155,805 to close. Return on cash invested measures 22.48% and rental yield reads 8.81% at the current $470,000. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 117.21% and total cumulative return in cash totals $182,613.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
1,856 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33896, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,407 (100%) |
| Owner Occupied HU | 5,543 (31.8%) |
| Renter Occupied HU | 6,463 (37.1%) |
| Vacant Housing Units | 5,401 (31.0%) |
| Median Home Value | $389,329 |
| Average Home Value | $434,595 |
Housing Distribution
Address Breakdown
Residential
13,802
Single Family
7,999
Multi-Family
5,803
Businesses
229
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