1115 Central Ave #541NaplesFL34102
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
Rental property for sale in Naples at 1115 Central Ave #541, Naples, FL, 34102 generates $9,022/mo in rent, after a $5,873/mo payment. Total monthly income is $9,022/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 9.02% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 102.68% and total cumulative return in cash sums $399,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,022/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
$4,019 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34102, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,934 (100%) |
| Owner Occupied HU | 4,545 (45.8%) |
| Renter Occupied HU | 1,140 (11.5%) |
| Vacant Housing Units | 4,249 (42.8%) |
| Median Home Value | $1,817,500 |
| Average Home Value | $1,578,617 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
5,064
Multi-Family
3,499
Businesses
1,336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Unger • Alliance Realty Group
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225018206
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.