8302 Portofino Dr UNIT 203Champions GateFL33896
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8302 Portofino Dr UNIT 203, Champions Gate, FL, 33896 in Champions Gate is a solid income-producing rental, 13.57% gross yield, $2,770/mo rent, $308/mo net cash flow on a $245,000 buy. DSCR 2.51 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $67,689 and $2,256/yr in principal reduction project a total cumulative return of $116,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 6.0% |
| Monthly Cash Flow | $308 | $1,500 |
City averages based on Champions Gate market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,770 |
| Total Monthly Debt Service | $2,364 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
0.32 Acres lot
$N/A/sqft
$744 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
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
Condo
Built in 2007
0.32 Acres lot
$N/A/sqft
$744 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