1051 Jaybee Ave, Davenport, FL 33897
3 beds · 3 baths · 1,812 sqft
Driving up to this amazing property you will find a spacious 2-car garage, lush landscaping surrounding it, and a covered front step. Entering through the front door of this 3 bedroom, 3 bathroom home, you are greeted by a unique layout with a charming courtyard and a fully covered pool deck. This optionally furnished, move-in-ready home boasts an airy, open floor plan that seamlessly connects the kitchen, living, and dining areas making it perfect for hosting all of your future gatherings! The pool area provides access to a separate in-law suite through sliding glass doors, as well as to the main living and dining spaces through the main door. Use this secluded area as a home office, guest room, or an additional primary bedroom! The chef's dream kitchen, showcasing an extended breakfast bar, has been exquisitely remodeled with stainless steel appliances, dark wood cabinets, a tile backsplash, and granite countertops. This elegant space is ideal for coffee chats and entertaining guests while preparing a delightful meal. The primary suite features a spacious walk-in closet and a fully renovated en-suite bathroom, showcasing a large walk-in shower, dual vanities, stunning new flooring, tile backsplash, updated walls, and shower floor, along with pristine gold and matte fixtures, you will immediately unwind in this spa-like escape. At the back, you'll find a fully fenced yard and a covered patio, perfect for grilling with friends and relaxing with a glass of wine in the evenings. This versatile community is zoned for both residential living and vacation rentals, including short-term rentals. Residents can enjoy amenities such as a golf course on the shores of Lake Davenport with access to fishing and boating, a community pool, tennis courts, basketball courts, and low HOA dues to top it all off! Conveniently located near shopping, transportation, schools, and just minutes from Disney, this home offers a fantastic blend of comfort and accessibility. Don’t miss out on this rare opportunity, call today to learn more!
Source: STELLAR #s5106669
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5106669
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #s5106669
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.