914 Charo Pkwy UNIT 122DavenportFL33897
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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 914 Charo Pkwy UNIT 122, Davenport, FL, 33897 offers a 9.67% rental yield on a $198,500 purchase with $1,600/mo rent. 02% in year one. Equity gained on principal adds $1,281/yr while 5% annual appreciation supports $54,842 over five years. Portfolio math shows five-year ROI at 85.86% and total cumulative return in cash at $56,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,600/mo property income against a $972/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
435 sqft lot
$N/A/sqft
$445 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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