1020 Palm View Dr APT 101NaplesFL34110
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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 1020 Palm View Dr APT 101, Naples, FL, 34110 earns $3,674/mo cash flow from $6,799/mo rent with a $1,919/mo payment. Total monthly income totals $6,799/mo, and annual cash flow totals $44,087/yr on $129,948 capital. ROI tracks 53.84% on current figures, and rental yield reads 20.81% at a $392,000 purchase. Equity gained on principal adds $2,530/yr, and 5% annual appreciation supports $108,302 over five years. Five-year ROI reaches 287.1% and total cumulative return in cash sums $373,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,799/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$6,280 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34110, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,627 (100%) |
| Owner Occupied HU | 10,261 (55.1%) |
| Renter Occupied HU | 2,455 (13.2%) |
| Vacant Housing Units | 5,911 (31.7%) |
| Median Home Value | $679,435 |
| Average Home Value | $874,774 |
Housing Distribution
Address Breakdown
Residential
16,751
Single Family
11,630
Multi-Family
5,121
Businesses
934
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Listed by: Mariela Naranjo, LLC • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224086952
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.