Following the League One side’s outstanding comeback from two goals down to win 4-2 at Stamford Bridge on Saturday, Phil Parkinson’s men will now face either Sunderland or Fulham at the Coral Windows Stadium next month for a place in the last eight.
Having watched the draw with his team-mates on Monday, Davies said: "It is an exciting draw for us - it is certainly good to be back at home.
"There should be a big crowd in the stadium for the match and it will be a big occasion that we will all be looking forward to.
"Both Sunderland and Fulham are good sides but we will have confidence in our own ability and we'll think we have a chance of winning the match.”
Speaking to BradfordCityFC.co.uk, Davies continued: "I don't think there will have been too many teams wanting to get drawn against us at the moment, especially here at Bradford.
"Football seasons can be long and challenging periods so it is nice to enjoy the cup wins like we had on Saturday and events like this where we can come together with the fans to watch the draw.
"The FA Cup is one of the best competitions in the world and it is nice to still be in the hat."
Since their amazing win over the Premier League leaders, Bradford have received media attention from all around the world.
And although he was quick to highlight that the squad’s focus now switches to their league clash with Colchester City at the weekend, Davies admitted: "We were all buzzing at the weekend and obviously we've had all our friends and family talking about the match.
"You still have to pinch yourself a bit but our minds have to quickly turn back to the league and Colchester United on Saturday.
"I'm sure the fans will be right behind us for the game. We'll take any applause we get from the crowd but we also know that we'll have a job to do on the day.
"People may see these cup matches as a distraction but when we got to the Capital One Cup Final a couple of seasons ago it gave us a lot of confidence and it helped us to go on and eventually win promotion.
"Wins like the one we have just achieved in the cup can only breed confidence among the boys and we'll look to go again on Saturday."