50989 Highway 27 LOT 151DavenportFL33897
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 50989 Highway 27 LOT 151, Davenport, FL, 33897 in Davenport is narrow, $167/mo net on $1,260/mo rent after the $585/mo debt service, but the property operates at break-even-plus, not a loss. At $129,999 with a 11.63% yield, the long-run equity case via 5% appreciation ($35,916 over five years) and $1,197/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.15 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $61,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $167 | $1,250 |
City averages based on Davenport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,260 |
| Total Monthly Debt Service | $1,041 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1989
3,202 sqft lot
$N/A/sqft
$230 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
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
Manufactured
Built in 1989
3,202 sqft lot
$N/A/sqft
$230 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices