9035 Norley CtDavenportFL33896
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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 9035 Norley Ct, Davenport, FL, 33896 uses $149,175 cash to close to unlock $11,955/yr annual cash flow and $996/mo monthly cash flow. Total monthly income runs $3,983/mo, and a $2,203/mo payment keeps the spread at $996/mo. Purchase price stands at $450,000, and rental yield measures 10.62% with $3,983/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 146.43% and total cumulative return in cash records $218,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,983/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,098 sqft 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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