409 Lucaya Loop #409DavenportFL33897
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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
Investment property for sale in Davenport at 409 Lucaya Loop #409, Davenport, FL, 33897 earns from $1,417/mo rent with a $1,028/mo payment. Total monthly income totals $1,417/mo. ROI tracks 10.64% on current figures, and rental yield reads 8.1% at a $209,999 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 57.29% and total cumulative return in cash sums $39,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,417/mo property income instead of your personal income.
Condo
Built in 2003
498 sqft lot
$N/A/sqft
$561 monthly 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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Listed by: Raymond Cox • COX ESTATES REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8331380
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511