114 Jacaranda DrLeesburgFL34748
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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
Rental property for sale in Leesburg at 114 Jacaranda Dr, Leesburg, FL, 34748 priced at $149,000 converts $1,196/mo rent into $207/mo cash flow after a $729/mo obligation. Total monthly income equals $1,196/mo, and annual cash flow totals $2,490/yr on $49,394 invested. Return on cash invested prints 24.95% in year one, and rental yield reads 9.63% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 130.49% and total cumulative return in cash sums $64,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,196/mo property income covering a $729/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
4,800 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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