29496 Caspian 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
Rental property for sale in Leesburg at 29496 Caspian St, Leesburg, FL, 34748 generates $2,488/mo in rent and, after a $1,590/mo payment, leaves $261/mo in cash flow. Total monthly income is $2,488/mo, and annual cash flow is $3,129/yr on $107,704 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 9.19% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 119.29% and total cumulative return in cash sums $128,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,210 sqft lot
$N/A/sqft
$50 monthly 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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Listed by: Lorena Carter • ROBERT SLACK LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM697795
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511