113 Enchanting BLVD #E-113NaplesFL34112
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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
Rental property for sale in Naples at 113 Enchanting BLVD #E-113, Naples, FL, 34112 generates $826/mo in rent and, after a $534/mo payment, leaves $102/mo in cash flow. Total monthly income is $826/mo, and annual cash flow is $1,226/yr on $36,134 invested. Return on cash invested sits at 23.3% in year one, and rental yield is 9.09% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 121.78% and total cumulative return in cash sums $44,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $826/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34112, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,833 (100%) |
| Owner Occupied HU | 10,358 (49.7%) |
| Renter Occupied HU | 3,530 (16.9%) |
| Vacant Housing Units | 6,945 (33.3%) |
| Median Home Value | $473,527 |
| Average Home Value | $615,033 |
Housing Distribution
Address Breakdown
Residential
18,664
Single Family
13,834
Multi-Family
4,830
Businesses
704
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