3589 Cortland DrDavenportFL33837
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3589 Cortland Dr, Davenport, FL, 33837 in Davenport carries a 1.54 coverage ratio, rent of $2,632/mo is 1.54 times the $1,706/mo payment. Rental yield 8.32%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $379,500 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $104,849; total projected cumulative return: $142,174.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(50) | $1,250 |
City averages based on Davenport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,632 |
| Total Monthly Debt Service | $2,531 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2012
6,542 sqft lot
$N/A/sqft
$118 monthly 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
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
Single Family
Built in 2012
6,542 sqft lot
$N/A/sqft
$118 monthly 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