50989 Highway 27 LOT 216DavenportFL33897
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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 50989 Highway 27 LOT 216, Davenport, FL, 33897 earns $593/mo cash flow from $1,597/mo rent with a $630/mo payment. Total monthly income totals $1,597/mo, and annual cash flow totals $7,114/yr on $42,662 capital. ROI tracks 36.59% on current figures, and rental yield reads 14.89% at a $128,693 purchase. Equity gained on principal adds $830/yr, and 5% annual appreciation supports $35,556 over five years. Five-year ROI reaches 194.42% and total cumulative return in cash sums $82,944. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,597/mo property income instead of your personal income.
Manufactured
Built in 1998
4,356 sqft lot
$N/A/sqft
$150 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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