1511 Ruby Lake PointNaplesFL34114
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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 1511 Ruby Lake Point, Naples, FL, 34114 priced at $288,000 pairs $1,980/mo rent with after a $1,410/mo payment. Total monthly income equals $1,980/mo. Return on cash invested is 16.97% in year one, and rental yield stands at 8.25% on a $288,000 basis. Equity gained on principal adds $1,858/yr, and 5% annual appreciation accumulates to $79,569 by year five. Five-year ROI measures 89.08% and total cumulative return in cash reaches $85,044. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,410/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
3,049 sqft lot
$N/A/sqft
$907 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34114, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,360 (100%) |
| Owner Occupied HU | 10,417 (51.2%) |
| Renter Occupied HU | 1,929 ( 9.5%) |
| Vacant Housing Units | 8,014 (39.4%) |
| Median Home Value | $621,653 |
| Average Home Value | $701,355 |
Housing Distribution
Address Breakdown
Residential
16,817
Single Family
8,129
Multi-Family
8,688
Businesses
443
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Listed by: C. Aaron Price • Pricepoint Realty, LLC
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025010453
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.