3142 Rein AveDavenportFL33837
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 3142 Rein Ave, Davenport, FL, 33837 uses $134,821 cash to close to unlock $11,888/yr annual cash flow and $991/mo monthly cash flow. Total monthly income runs $3,690/mo, and a $1,991/mo payment keeps the spread at $991/mo. Purchase price stands at $406,700, and rental yield measures 10.89% with $3,690/mo rent. Return on cash invested shows 28.73% in year one, and 5% annual appreciation builds toward $112,364 over five years. Five-year ROI reaches 150.71% and total cumulative return in cash records $203,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,690/mo property income covering a $1,991/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33837, Davenport, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,325
Single Family
20,196
Multi-Family
2,129
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
