Is Davenport, FL a good place to invest in rental property?

Davenport, FL has a median modeled monthly cash flow of $-621 and a median cap rate of 4.1%, on a median sold price of $345,970. Prices changed -10.0% year over year.

What is the average cap rate in Davenport, FL?

The median cap rate across recently sold homes in Davenport, FL is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Davenport, FL?

The median sold price in Davenport, FL is $345,970 (about $181 per square foot).

Investing in Davenport, FL Real Estate

A data-driven snapshot of the Davenport, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$345,970Median sold price

$181Median $/sqft

4.1%Median cap rate

$-621Modeled cash flow / mo

-10.0%Appreciation YoY

225.7Months of supply

1,599Active listings

85Sold (last 12 mo)

What the Davenport numbers say

In Davenport, FL, the median home sold for $345,970 (about $181 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-621 of monthly cash flow. Sold prices moved -10.0% over the past year. Inventory sits at about 225.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Davenport cash-flowing listings

CashFlowRE ranks every for-sale home in Davenport, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Davenport deals, or browse the national market data.