804 McKenzie LnLeesburgFL34748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 804 McKenzie Ln, Leesburg, FL, 34748 offers $1,580/mo rent that, after a $1,170/mo payment. Total monthly income is $1,580/mo. Return on cash invested measures 19.81% in year one, and rental yield stands at 7.93% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 102.93% and total cumulative return in cash reaches $81,552. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,580/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices