785 Ocean Course Ave #785DavenportFL33896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 785 Ocean Course Ave #785, Davenport, FL, 33896 generates $3,125/mo in rent, after a $1,957/mo payment. Total monthly income is $3,125/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 9.38% on a $399,800 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,457 over five years. Five-year ROI reaches 103.84% and total cumulative return in cash sums $137,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Condo
Built in 2020
2,053 sqft lot
$N/A/sqft
$497 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Collado • DECONOVA INTERNATIONAL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5094141
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511