Real Estate Investing in Leesburg, Florida (34762)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34762 (Leesburg, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 58.2% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Leesburg, FL (34762)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 34762 Leesburg
The 34762 ZIP in Leesburg, FL is a local-operator market. Outside capital chasing a $332K entry has to pair deep knowledge with the discount.
For an experienced owner, 34762 can be a a solid fit for hunting ground — but the discount at $332K reflects genuine risk that outside investors often underestimate.
Regionally, 34762 sits on the difficult end of the FL spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 34762 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 34762 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Leesburg:
Market Trends
Home Value History (with trend line)
📊 How Does 34762 Compare?
| Metric | 34762 | Leesburg | Orlando-Kissimmee-Sanford, FL | Florida |
|---|---|---|---|---|
| Home Value | $331,871 | $295,767 | N/A | $374,697 |
| 5-Year CAGR | 5.2% | 4.1% | N/A | 7.4% |
| Avg Rent | $1,413 | $1,684 | N/A | - |
| Cap Rate | 3.3% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 34762 (Leesburg, FL). Anonymous, moderated, never written by AI.
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Property managers serving Lake County
Manage rentals here? List your business →Towers Property Management provides community association management services to homeowners associations and condominium associations in Central Florida, including Orlando, Altamonte Springs, Oviedo, summary from their website
Gunn Property Services offers full-service Leesburg property management to owners and investors, helping find and apply for rental homes in Leesburg and The Villages. summary from their website
MOSAIC® provides property management services in Central Florida. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $331,871 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | -2.4% ▼ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 34762
Population: 580
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 34762
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
RIMES EARLY LEARNING & LITERACY CENTER
BEVERLY SHORES ELEMENTARY SCHOOL
CARVER MIDDLE SCHOOL
OAK PARK MIDDLE SCHOOL
LEESBURG ELEMENTARY SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,150 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Leesburg, FL?
The typical rental in Leesburg, FL commands about $1,413/mo monthly. That rent profile even-keeled cash flow against the $332K purchase basis.
Is Leesburg, FL suited for a house hack?
House hacking works a challenging in Leesburg, FL. Rents of $1,413/mo against $332K acquisition make the strategy solid for owner-occupants.
What is the typical home price in Leesburg, FL?
The median home value in Leesburg, FL is roughly $332K. That puts it reasonable relative to the FL statewide average.
Is rental property easy to operate in Leesburg, FL?
FL law landlord-friendly for landlords, and Leesburg inherits those rules. Investors should still review local ordinances for rental licensing.
Is the tenant base reliable in Leesburg, FL?
Leesburg, FL offers a predictable renter base at the $1,413/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 34762 now. You don’t know where it ranks.
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How 34762 ranks in Orlando-Kissimmee-Sanford, FL
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