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Leesburg, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,675
Monthly Cash Flow
-$95
Principal + Equity
$1,992
Annual Total Gain
$22,766
Cash on Cash
-1.62%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$149
Occupancy Rate
51.79%
Monthly Revenue
$1,894
Monthly Cash Flow
-$160
Principal + Equity
$1,992
Annual Total Gain
$21,984
Cash on Cash %
-2.73%
Net ROI %
Market Health & Growth
Median Income
$47,506
Population
28,461
LTR Renter %
42.15%
Forecast (1 yr)
0.9%
Appreciation (1 yr)
-5.42%
Appreciation (5 yr)
38.6%
Appreciation (10 yr)
106.99%
Job Growth
4.51%
LTR Rentability
Very High
STR Demand
57
STR Rentals
79
Top Public Schools
A-Villages Charter School
BImagine Schools South Lake
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#74out of 380 markets
Most Diverse Places to Live in Florida
#197out of 1195 markets
Suburbs with the Lowest Cost of Living in Florida
#115out of 380 markets
C
Public School
D
Crime And Safety
C-
Housing
B-
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Leesburg, FL.
In Leesburg, FL, short term rentals are regulated by the city's Code of Ordinances. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Registration: Property owners must register their short term rental property with the city and obtain a business tax receipt before operating as a short term rental.
2. Zoning: Short term rentals are only permitted in certain zoning districts in Leesburg. Investors should check the zoning regulations for the specific property they are interested in to ensure it is allowed for short term rental use.
3. Occupancy limits: The city of Leesburg has occupancy limits for short term rentals, which vary depending on the size of the property. Investors should be aware of these limits and ensure they are in compliance.
4. Noise and nuisance regulations: Property owners are responsible for ensuring that their short term rental guests do not create excessive noise or disturbances in the neighborhood. Violations of noise ordinances can result in fines and penalties.
5. Safety and health regulations: Short term rental properties must meet certain safety and health standards, such as having working smoke detectors and meeting building code requirements. Investors should ensure their property is up to code before renting it out.
6. Taxation: Short term rental properties in Leesburg are subject to local tourism development taxes and sales taxes. Investors should be aware of their tax obligations and ensure they are collecting and remitting the appropriate taxes.
Overall, investors looking to purchase a property for short term rental purposes in Leesburg, FL should familiarize themselves with the city's regulations and ensure they are in compliance to avoid any potential legal issues or penalties.
Market Trends Over Time
Explore 25 years of market data for Leesburg, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Leesburg, FL.
The LTR Genie Score of Leesburg, FL is 80 and STR Genie Score is 60. The LTR Genie Score is considered very high, indicating strong potential for long-term rental investment in the area. This is supported by the high LTR Rentability and LTR Net ROI metrics, as well as the positive 1-Year Price Appreciation Forecast. On the other hand, the STR Genie Score is moderate, suggesting that while there is potential for short-term rental investment, it may not be as lucrative as long-term rental options in Leesburg.
Leesburg, FL is a growing market with a diverse economy and a strong demand for rental properties. The area offers a mix of urban amenities and natural beauty, making it attractive to both residents and tourists. With a positive rent growth rate and high LTR Rentability, investors can expect steady returns on long-term rental properties in Leesburg.
In conclusion, Leesburg, FL appears to be a promising market for long-term rental investment, given the high LTR Genie Score and favorable metrics. While there is potential for short-term rental investment as well, the higher LTR Net ROI and Rentability make long-term rentals a more attractive option in this market. Investors looking for stable returns and growth potential may find Leesburg to be a lucrative opportunity for real estate investment.