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230 Lake Trout Ct Unit 230

Davenport, FL 33897

4 beds · 2 baths · 1,512 sqft

$229,900

$1,888/mo at 5.163% with Roam

$2,125/mo at 7% with a bank loan

Get prequalified

About this home

Rare 4 bedroom find in highly sought after gated community of Bass Lake. Spacious and well laid out floorplan lets you entertain with ease and affords family plenty of space to enjoy. Updates in just over the last two years include a new roof, fresh paint inside entire home and new flooring throughout! Brand new AC in June of this year! Bathrooms have both been updated as well. Bass Lake Resort offers a wide variety of things to do that will be sure to keep you entertained and occupied. Enjoy the clubhouse along with your choice of two pools or engage in a game of Horse Shoes or Shuffleboard. There is also a spa, weight room and billiard room to name a few of the other opportunities for recreation that this community offers its members. If outdoors is your thing, you may want to plan an outing at the picnic area that includes BarBQues, or go to the lake and launch your boat at the boat ramp. Plenty to do right in your own "back yard", but if you want more, you are located just minutes from I4 and can be in Orlando or Tampa in less than an hour! Perfect home in the perfect location.

1,512 sqft
3,311.0 sqft
Mobile Home
Built in 2004
Air conditioning
Shared pool

Source: STELLAR #L4942241


$1,888/month
Compared to $2,125/mo with 7% bank loan

$206,910
26y 6mo
5.163% 7%
$149,829 at 3.56% (FHA)
$57,080 at 8.875%

Payments are estimates and subject to approval. To learn more about rates, contact us.


5-year savings

Compared to a conventional mortgage
Roam
Bank
Principal & interest
$1,195
$1,432
Property taxes
$139
$139
Mortgage insurance
$114
$114
Home insurance
$208
$208
HOA fees
$230
$230
Monthly total
$1,888
$2,125
5-year total
$113,294
$127,501

Loan details
Loan type
FHA
Remaining balance
$149,829.73
Remaining term
26 yrs and 6 mos
Neighborhood
FAQs

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.

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.

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.

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.

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 “Save search” 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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

View all FAQs
Last updated: Aug 13, 2025 01:39 am
Listing agent: Stacy Tuttle (863) 602-9554
Listing provided courtesy of: REMAX EXPERTS (863) 802-5262
Details provided by STELLAR and may not match the public record.
MLS ID: #L4942241
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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