15583 Summit Place Cir #311NaplesFL34119
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
Investment Highlights
Investment property for sale in Naples at 15583 Summit Place Cir #311, Naples, FL, 34119 earns $931/mo cash flow from $3,685/mo rent with a $2,031/mo payment. Total monthly income totals $3,685/mo, and annual cash flow totals $11,175/yr on $137,573 capital. ROI tracks 28.03% on current figures, and rental yield reads 10.66% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 147.01% and total cumulative return in cash sums $202,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,685/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34119, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,829 (100%) |
| Owner Occupied HU | 12,915 (65.1%) |
| Renter Occupied HU | 3,072 (15.5%) |
| Vacant Housing Units | 3,842 (19.4%) |
| Median Home Value | $728,985 |
| Average Home Value | $838,696 |
Housing Distribution
Address Breakdown
Residential
18,923
Single Family
14,363
Multi-Family
4,560
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices