Preheat oven to 350
Combine peaches, 5-spice, zest in a bowl.
Stir sugar and water in saucepan on med heat, until simmer (3 minutes)
Stir in peach mixture, cook for 2 minutes. Set aside
Combine sugar and flour in a bowl. Add milk, whisk to smooth batter.
Pour melted butter into Dutch oven
Pour batter over melted butter
Gently place peaches and syrup on top of batter.
Bake until syrup is bubbling, crust has risen and is golden brown, approx 50 min.