








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Davenport at 503 St Augustine Ave, Davenport, FL, 33897 offers $1,017/mo rent that, after a $611/mo payment, leaves $188/mo cash flow. Total monthly income is $1,017/mo, and annual cash flow is $2,262/yr on $41,404 cash. Return on cash invested measures 25.37% in year one, and rental yield stands at 9.77% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 132.79% and total cumulative return in cash reaches $54,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,017/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33897, Davenport, FL area.
| 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 |
Residential
12,186
Single Family
10,198
Multi-Family
1,988
Businesses
205
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Donovan Frantz • Weichert, Realtors - Hallmark Properties
Mls Name: My State MLS
Mls ID: #11450991