180 Turtle Lake CT #209NaplesFL34105
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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 180 Turtle Lake CT #209, Naples, FL, 34105 uses $62,952 cash to close to unlock $2,691/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,484/mo, and a $929/mo payment keeps the spread at $224/mo. Purchase price stands at $189,900, and rental yield measures 9.38% with $1,484/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 126.41% and total cumulative return in cash records $79,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,484/mo property income covering a $929/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
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