1057 Forest Lakes Dr #1202NaplesFL34105
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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
Total monthly income runs $1,903/mo, and a $1,101/mo payment. Purchase price stands at $224,999, and rental yield measures 10.15% with $1,903/mo rent. Return on cash invested shows 14.62% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 79.44% and total cumulative return in cash records $59,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$8,408 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
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Listed by: Sean Smuk, PA • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224070036
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.