123 Palm DR #2862NaplesFL34112
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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
Investment property for sale in Naples at 123 Palm DR #2862, Naples, FL, 34112 listed at $220,000 pairs $1,533/mo rent with a $1,077/mo payment to leave $73/mo cash flow. Total monthly income runs $1,533/mo, and annual cash flow reaches $874/yr on $72,930 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 8.36% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 109.86% and total cumulative return in cash totals $80,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,533/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
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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