904 Charo Pkwy UNIT 523DavenportFL33897
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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 904 Charo Pkwy UNIT 523, Davenport, FL, 33897 listed at $174,999 pairs $1,365/mo rent with a $857/mo payment to leave $203/mo cash flow. Total monthly income runs $1,365/mo, and annual cash flow reaches $2,439/yr on $58,012 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 9.36% at a $174,999 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 126.03% and total cumulative return in cash totals $73,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,365/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
405 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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