15505 Cedarwood LN #204NaplesFL34110
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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 15505 Cedarwood LN #204, Naples, FL, 34110 uses $99,119 cash to close to unlock $351/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $2,013/mo, and a $1,463/mo payment keeps the spread at $29/mo. Purchase price stands at $299,000, and rental yield measures 8.08% with $2,013/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 105.35% and total cumulative return in cash records $104,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,013/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34110, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,627 (100%) |
| Owner Occupied HU | 10,261 (55.1%) |
| Renter Occupied HU | 2,455 (13.2%) |
| Vacant Housing Units | 5,911 (31.7%) |
| Median Home Value | $679,435 |
| Average Home Value | $874,774 |
Housing Distribution
Address Breakdown
Residential
16,751
Single Family
11,630
Multi-Family
5,121
Businesses
934
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