510 Galloway CtLeesburgFL34788
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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 510 Galloway Ct, Leesburg, FL, 34788 priced at $197,500 converts $1,560/mo rent into $249/mo cash flow after a $967/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $2,988/yr on $65,471 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 9.48% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 127.99% and total cumulative return in cash sums $83,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $967/mo payment, not borrower’s personal income.
Single Family
Built in 1988
8,560 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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