368 Dreama DrDavenportFL33897
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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 368 Dreama Dr, Davenport, FL, 33897 priced at $149,000 converts $1,151/mo rent into $162/mo cash flow after a $729/mo obligation. Total monthly income equals $1,151/mo, and annual cash flow totals $1,950/yr on $49,394 invested. Return on cash invested prints 23.86% in year one, and rental yield reads 9.27% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 124.64% and total cumulative return in cash sums $61,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,151/mo property income covering a $729/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
4,430 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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