18 Royal Cove DRNaplesFL34110
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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 18 Royal Cove DR, Naples, FL, 34110 priced at $350,000 converts $2,375/mo rent into $52/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,375/mo, and annual cash flow totals $629/yr on $116,025 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 8.14% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 106.34% and total cumulative return in cash sums $123,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,375/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
6,098 sqft 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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