500 Newell Hill Rd UNIT 106ALeesburgFL34748
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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 500 Newell Hill Rd UNIT 106A, Leesburg, FL, 34748 earns $118/mo cash flow from $1,014/mo rent with a $661/mo payment. Total monthly income totals $1,014/mo, and annual cash flow totals $1,414/yr on $44,753 capital. ROI tracks 23.07% on current figures, and rental yield reads 9.01% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 120.37% and total cumulative return in cash sums $53,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,014/mo property income instead of your personal income.
Condo
Built in 1979
1,381 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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