11642 Lake DrLeesburgFL34788
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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 11642 Lake Dr, Leesburg, FL, 34788 offers a 10.26% rental yield on a $279,100 purchase with $2,386/mo rent. Total monthly income registers $2,386/mo, and a $1,366/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,239/yr on $92,522 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $1,801/yr while 5% annual appreciation supports $77,110 over five years. Portfolio math shows five-year ROI at 139.65% and total cumulative return in cash at $129,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,386/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5,671 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34788, Leesburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 7,978 (72.0%) |
| Renter Occupied HU | 1,620 (14.6%) |
| Vacant Housing Units | 1,476 (13.3%) |
| Median Home Value | $245,420 |
| Average Home Value | $302,511 |
Housing Distribution
Address Breakdown
Residential
10,106
Single Family
9,102
Multi-Family
1,004
Businesses
360
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