724 Daring 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
Rental property for sale in Davenport at 724 Daring Dr, Davenport, FL, 33837 priced at $414,000 converts $3,425/mo rent into $678/mo cash flow after a $2,026/mo obligation. Total monthly income equals $3,425/mo, and annual cash flow totals $8,135/yr on $137,241 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 9.93% against a $414,000 entry. Equity gained on principal adds $2,671/yr, while 5% annual appreciation compiles into $114,381 by year five. Five-year ROI reaches 135.2% and total cumulative return in cash sums $185,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,425/mo property income covering a $2,026/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4,791 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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