1232 Commonwealth Cir Unit P103NaplesFL34116
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1232 Commonwealth Cir Unit P103, Naples, FL, 34116 in Naples at $299,900 earns $2,608/mo in rent and nets $120/mo after the $1,349/mo payment, a 10.43% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $82,857 over five years. Ziffy Mortgage underwrites this on a 1.93 DSCR without U.S. credit history. With $2,762/yr in principal paydown, total projected return reaches $153,211.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.1% |
| Monthly Cash Flow | $120 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,608 |
| Total Monthly Debt Service | $1,885 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1988
N/A lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34116, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,040 (52.6%) |
| Renter Occupied HU | 4,455 (38.8%) |
| Vacant Housing Units | 992 ( 8.6%) |
| Median Home Value | $445,521 |
| Average Home Value | $547,532 |
Housing Distribution
Address Breakdown
Residential
10,323
Single Family
8,497
Multi-Family
1,826
Businesses
662
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
Condo
Built in 1988
N/A lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34116, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,040 (52.6%) |
| Renter Occupied HU | 4,455 (38.8%) |
| Vacant Housing Units | 992 ( 8.6%) |
| Median Home Value | $445,521 |
| Average Home Value | $547,532 |
Housing Distribution
Address Breakdown
Residential
10,323
Single Family
8,497
Multi-Family
1,826
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alek Petrov • LPT Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025016355
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.