37610 Quail Ridge CirLeesburgFL34788
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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 37610 Quail Ridge Cir, Leesburg, FL, 34788 uses $58,013 cash to close to unlock $8,211/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $1,846/mo, and a $857/mo payment keeps the spread at $684/mo. Purchase price stands at $175,000, and rental yield measures 12.66% with $1,846/mo rent. Return on cash invested shows 34.06% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 179.39% and total cumulative return in cash records $104,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,846/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
0.37 Acres 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: Victoria Reed • Keller Williams Realty - Elite Partners II
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844700
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.