124 Lake Point LN #2BNaplesFL34112
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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 124 Lake Point LN #2B, Naples, FL, 34112 priced at $285,000 pairs $1,993/mo rent with $102/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,993/mo, and annual cash flow comes to $1,219/yr on $94,478 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 8.39% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 110.37% and total cumulative return in cash reaches $104,274. For financing, Ziffy Mortgage’s DSCR program evaluates $1,993/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1978
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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