5530 Tangelo 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 5530 Tangelo St, Leesburg, FL, 34748 uses $87,848 cash to close to unlock $2,958/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $2,170/mo, and a $1,297/mo payment keeps the spread at $246/mo. Purchase price stands at $265,000, and rental yield measures 9.83% with $2,170/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash records $107,463. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,170/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1992
7,455 sqft lot
$N/A/sqft
$165 monthly 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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Listed by: Barry Summers • RE/MAX TITANIUM GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5091683
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