1010 Manatee Rd #304NaplesFL34114
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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 Naples at 1010 Manatee Rd #304, Naples, FL, 34114 uses $72,930 cash to close to unlock $478/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,077/mo payment keeps the spread at $40/mo. Purchase price stands at $220,000, and rental yield measures 8.18% with $1,500/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 106.93% and total cumulative return in cash records $77,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34114, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,360 (100%) |
| Owner Occupied HU | 10,417 (51.2%) |
| Renter Occupied HU | 1,929 ( 9.5%) |
| Vacant Housing Units | 8,014 (39.4%) |
| Median Home Value | $621,653 |
| Average Home Value | $701,355 |
Housing Distribution
Address Breakdown
Residential
16,817
Single Family
8,129
Multi-Family
8,688
Businesses
443
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Listed by: Anthony Bernosky • BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2251042
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