500 Monroe CirDavenportFL33896
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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 500 Monroe Cir, Davenport, FL, 33896 offers $2,094/mo rent that, after a $1,175/mo payment, leaves $192/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $2,304/yr on $79,560 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 10.47% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 120.64% and total cumulative return in cash reaches $95,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
1,498 sqft lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33896, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,407 (100%) |
| Owner Occupied HU | 5,543 (31.8%) |
| Renter Occupied HU | 6,463 (37.1%) |
| Vacant Housing Units | 5,401 (31.0%) |
| Median Home Value | $389,329 |
| Average Home Value | $434,595 |
Housing Distribution
Address Breakdown
Residential
13,802
Single Family
7,999
Multi-Family
5,803
Businesses
229
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Listed by: Gina DeGori • FLORIDA REALTY RESULTS LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5121013
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