1549 Sandpiper St APT 53NaplesFL34102
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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 1549 Sandpiper St APT 53, Naples, FL, 34102 uses $119,009 cash to close to unlock $237/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,402/mo, and a $1,757/mo payment keeps the spread at $20/mo. Purchase price stands at $359,000, and rental yield measures 8.03% with $2,402/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 104.49% and total cumulative return in cash records $124,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,402/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34102, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,934 (100%) |
| Owner Occupied HU | 4,545 (45.8%) |
| Renter Occupied HU | 1,140 (11.5%) |
| Vacant Housing Units | 4,249 (42.8%) |
| Median Home Value | $1,817,500 |
| Average Home Value | $1,578,617 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
5,064
Multi-Family
3,499
Businesses
1,336
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Listed by: Teresa Koch • Downing-Frye Realty
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2250832
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Marco Island Area Association of Realtors. All rights reserved.