1040 Oak Forest Dr #18-7NaplesFL34104
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
Investment Highlights
Investment property for sale in Naples at 1040 Oak Forest Dr #18-7, Naples, FL, 34104 earns $405/mo cash flow from $2,513/mo rent with a $1,395/mo payment. Total monthly income totals $2,513/mo, and annual cash flow totals $4,859/yr on $94,478 capital. ROI tracks 25.05% on current figures, and rental yield reads 10.58% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 132% and total cumulative return in cash sums $124,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,513/mo property income instead of your personal income.
Condo
Built in 1985
1,306 sqft lot
$N/A/sqft
$2,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34104, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,029 (100%) |
| Owner Occupied HU | 8,178 (48.0%) |
| Renter Occupied HU | 4,488 (26.4%) |
| Vacant Housing Units | 4,363 (25.6%) |
| Median Home Value | $474,892 |
| Average Home Value | $562,833 |
Housing Distribution
Address Breakdown
Residential
15,059
Single Family
9,063
Multi-Family
5,996
Businesses
1,361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Erdek, PA • John R Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225006704
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.