907 Charo Pkwy UNIT 922DavenportFL33897
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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 907 Charo Pkwy UNIT 922, Davenport, FL, 33897 uses $87,018 cash to close to unlock $15,976/yr annual cash flow and $1,331/mo monthly cash flow. Total monthly income runs $3,840/mo, and a $1,285/mo payment keeps the spread at $1,331/mo. Purchase price stands at $262,499, and rental yield measures 17.55% with $3,840/mo rent. Return on cash invested shows 38.27% in year one, and 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 205.73% and total cumulative return in cash records $179,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $1,285/mo payment rather than investor’s personal income.
Condo
Built in 2008
448 sqft lot
$N/A/sqft
$761 monthly 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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Listed by: Lesley Reyes • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5111344
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511