809 Gran Bahama Blvd #30809DavenportFL33897
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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 809 Gran Bahama Blvd #30809, Davenport, FL, 33897 generates $1,663/mo in rent and, after a $1,170/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,663/mo, and annual cash flow is $921/yr on $79,229 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 8.35% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 109.66% and total cumulative return in cash sums $86,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,663/mo property income rather than buyer’s personal income.
Condo
Built in 2005
355 sqft lot
$N/A/sqft
No 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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