326 Elderberry DrDavenportFL33897
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
Rental property for sale in Davenport at 326 Elderberry Dr, Davenport, FL, 33897 priced at $410,000 converts $2,905/mo rent into $184/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,905/mo, and annual cash flow totals $2,207/yr on $135,915 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8.5% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 112.14% and total cumulative return in cash sums $152,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,905/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,493 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices