1104 Penn StLeesburgFL34748
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Leesburg at 1104 Penn St, Leesburg, FL, 34748 offers a 10.08% rental yield on a $175,000 purchase with $1,470/mo rent. Total monthly income registers $1,470/mo, and a $857/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,699/yr on $58,013 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 137.69% and total cumulative return in cash at $79,879. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,470/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34748, Leesburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,146 (100%) |
| Owner Occupied HU | 16,304 (64.8%) |
| Renter Occupied HU | 5,993 (23.8%) |
| Vacant Housing Units | 2,849 (11.3%) |
| Median Home Value | $298,763 |
| Average Home Value | $338,496 |
Housing Distribution
Address Breakdown
Residential
22,550
Single Family
14,469
Multi-Family
8,081
Businesses
1,365
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