149 Forest Lakes Blvd UNIT 101NaplesFL34105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 149 Forest Lakes Blvd UNIT 101, Naples, FL, 34105 in Naples offers it: the 1.65 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.89%. Long-term, 5% appreciation is forecast to add $110,236, and $3,675/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $135,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.1% |
| Monthly Cash Flow | $(299) | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,956 |
| Total Monthly Debt Service | $3,096 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1987
N/A lot
$N/A/sqft
$7,284 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
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 1987
N/A lot
$N/A/sqft
$7,284 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki Dimitrova • Florida Prime Realty, LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224100429
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.