8020 Tuscany Way UNIT 6202DavenportFL33896
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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 8020 Tuscany Way UNIT 6202, Davenport, FL, 33896 listed at $215,000 pairs $2,008/mo rent with a $1,052/mo payment to leave $582/mo cash flow. Total monthly income runs $2,008/mo, and annual cash flow reaches $6,978/yr on $71,273 cash to close. Return on cash invested measures 29.7% in year one, and rental yield registers 11.21% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 155.94% and total cumulative return in cash totals $111,145. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,008/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
0.27 Acres 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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