








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Naples at 1147 Steeves AVE, Naples, FL, 34104 offers a 5.92% rental yield on a $1,850,000 purchase with $9,120/mo rent. 05% in year one. Equity gained on principal adds $11,938/yr while 5% annual appreciation supports $511,121 over five years. Portfolio math shows five-year ROI at 71.92% and total cumulative return in cash at $431,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,120/mo property income against a $9,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2023
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34104, Naples, FL area.
| 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 |
Residential
15,059
Single Family
9,063
Multi-Family
5,996
Businesses
1,361
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listed for sale | $1,850,000 |
| 2025-08-02 | Listing removed | $1,890,000 |
| 2025-06-17 | Price change | $1,890,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $7534.78 | 633.76% | $647,417 | 550.13% |
| 2023-09-02 | $1026.87 | -5.94% | $99,583 | N/A |
| 2022-09-02 | $1091.74 | N/A | $99,583 | N/A |



Listed by: Nick Solimene • William Raveis Real Estate
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225067783
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.