665 Madison DrDavenportFL33837
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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 665 Madison Dr, Davenport, FL, 33837 uses $72,930 cash to close to unlock $4,222/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,812/mo, and a $1,077/mo payment keeps the spread at $352/mo. Purchase price stands at $220,000, and rental yield measures 9.88% with $1,812/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $98,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,812/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
3,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33837, Davenport, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,250 (100%) |
| Owner Occupied HU | 16,890 (64.3%) |
| Renter Occupied HU | 3,121 (11.9%) |
| Vacant Housing Units | 6,239 (23.8%) |
| Median Home Value | $353,378 |
| Average Home Value | $372,412 |
Housing Distribution
Address Breakdown
Residential
22,325
Single Family
20,196
Multi-Family
2,129
Businesses
420
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