559 Saddle Ridge DrDavenportFL33896
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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 559 Saddle Ridge Dr, Davenport, FL, 33896 priced at $355,000 pairs $2,551/mo rent with $195/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,551/mo, and annual cash flow comes to $2,337/yr on $117,683 invested. Return on cash invested is 21.89% in year one, and rental yield stands at 8.62% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 114.07% and total cumulative return in cash reaches $134,244. For financing, Ziffy Mortgage’s DSCR program evaluates $2,551/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
7,000 sqft lot
$N/A/sqft
No 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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