42769 Highway 27 Dr LOT 98DavenportFL33837
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 42769 Highway 27 Dr LOT 98, Davenport, FL, 33837 offers a 8.87% rental yield on a $194,900 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $954/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,759/yr on $64,609 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 118.06% and total cumulative return in cash at $76,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
3,484 sqft 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