609 N Hampton DrDavenportFL33897
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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 609 N Hampton Dr, Davenport, FL, 33897 offers a 11.26% rental yield on a $508,903 purchase with $4,775/mo rent. Total monthly income registers $4,775/mo, and a $2,491/mo payment leaves $1,216/mo available for distribution. Annual cash flow reaches $14,589/yr on $167,429 to close, and return on cash invested stands at 28.77% in year one. Equity gained on principal adds $3,284/yr while 5% annual appreciation supports $140,601 over five years. Portfolio math shows five-year ROI at 151.4% and total cumulative return in cash at $253,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,775/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,450 sqft lot
$N/A/sqft
$42 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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