506 Perkins 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
Investment property for sale in Leesburg at 506 Perkins St, Leesburg, FL, 34748 with 5% annual appreciation on a $297,900 basis while $2,952/mo rent supports operations. Total monthly income totals $2,952/mo and a $1,458/mo payment preserves $975/mo for cash returns. Annual cash flow comes to $11,702/yr on $98,754 deployed, and return on cash invested reaches 31.76% in year one. Equity gained on principal adds $1,922/yr, and five-year appreciation sums $82,304 alongside rental yield of 11.89%. Five-year ROI measures 167% and total cumulative return in cash totals $164,917.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,952/mo property income versus a $1,458/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
0.62 Acres 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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