10285 Heritage Bay Blvd APT 833NaplesFL34120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 10285 Heritage Bay Blvd APT 833, Naples, FL, 34120 in Naples speaks for itself: 20.52% gross on a $365,000 price, generating $6,242/mo in rent and $2,642/mo in net income after the $1,641/mo debt service. DSCR 3.80, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $31,708 stacks alongside $100,843 in projected five-year appreciation and $3,362/yr in principal reduction. Projected total cumulative return: $314,292.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.5% | 5.1% |
| Monthly Cash Flow | $2,642 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,242 |
| Total Monthly Debt Service | $3,455 |
| DSCR Ratio | 1.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2009
N/A lot
$N/A/sqft
$14,134 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
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
Condo
Built in 2009
N/A lot
$N/A/sqft
$14,134 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices