8298 Portofino Dr UNIT 405Champions GateFL33896
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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 Champions Gate at 8298 Portofino Dr UNIT 405, Champions Gate, FL, 33896 listed at $204,900 pairs $2,108/mo rent with a $1,003/mo payment to leave $748/mo cash flow. Total monthly income runs $2,108/mo, and annual cash flow reaches $8,978/yr on $67,924 cash to close. Return on cash invested measures 33.13% in year one, and rental yield registers 12.35% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 174.37% and total cumulative return in cash totals $118,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,108/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A 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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Listed by: Rebecca Redman Hamaoui • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #O6368027