162 Newport Dr APT 1208NaplesFL34114
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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 162 Newport Dr APT 1208, Naples, FL, 34114 offers a 7.41% rental yield on a $399,000 purchase with $2,465/mo rent. 79% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 82.23% and total cumulative return in cash at $108,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,465/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$125 monthly 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: Michael Ludwig • Keller Williams Marco Realty
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2251133
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.