Excellent investment opportunity in Davenport! This well-maintained single-family home located at 413 Cedar Key offers 3 bedrooms and 2 bathrooms with a functional and open floor plan, spacious living areas, and great natural light throughout. The layout is ideal for long-term rental or future owner-occupancy. The property is equipped with solar panels, providing energy efficiency and potential savings on utility costs—an attractive feature for both tenants and future homeowners. Investor-friendly: The home is currently tenant-occupied with a lease in place until April 2027. The tenant has expressed interest in renewing the lease, offering immediate cash flow and minimizing vacancy risk for the new owner. Ideal for an investor who wants to start generating income right away while benefiting from property appreciation. Conveniently located near shopping, dining, schools, and major highways, this property is situated in a growing area with strong rental demand and appreciation potential. A great option for investors looking for a turnkey rental property with existing income and long-term value.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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