35108 Forest Lake RdLeesburgFL34788
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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 35108 Forest Lake Rd, Leesburg, FL, 34788 listed at $222,400 pairs $2,154/mo rent with a $1,089/mo payment to leave $662/mo cash flow. Total monthly income runs $2,154/mo, and annual cash flow reaches $7,945/yr on $73,726 cash to close. Return on cash invested measures 30.69% in year one, and rental yield registers 11.62% at a $222,400 basis. Equity gained on principal adds $1,435/yr, and annual property appreciation at 5% supports $61,445 by year five. Five-year ROI tracks 161.36% and total cumulative return in cash totals $118,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,089/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
10,780 sqft lot
$N/A/sqft
No 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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Listed by: Mary Jo Williams • BHHS FLORIDA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5094804
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