943 Corvina DrDavenportFL33897
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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 943 Corvina Dr, Davenport, FL, 33897 offers a 9.9% rental yield on a $482,500 purchase with $3,979/mo rent. Total monthly income registers $3,979/mo, and a $2,362/mo payment leaves $777/mo available for distribution. Annual cash flow reaches $9,320/yr on $159,949 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $3,114/yr while 5% annual appreciation supports $133,306 over five years. Portfolio math shows five-year ROI at 134.67% and total cumulative return in cash at $215,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,979/mo property income against a $2,362/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,366 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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