2061 Santa Barbara BLVDNaplesFL34116
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
Rental property for sale in Naples at 2061 Santa Barbara BLVD, Naples, FL, 34116 priced at $1,980,000 converts $6,000/mo rent into after a $9,691/mo obligation. Total monthly income equals $6,000/mo. Return on cash invested prints 7.02% in year one, and rental yield reads 3.64% against a $1,980,000 entry. Equity gained on principal adds $12,777/yr, while 5% annual appreciation compiles into $547,037 by year five. Five-year ROI reaches 34.2% and total cumulative return in cash sums $219,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $9,691/mo payment, not borrower’s personal income.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34116, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,487 (100%) |
| Owner Occupied HU | 6,040 (52.6%) |
| Renter Occupied HU | 4,455 (38.8%) |
| Vacant Housing Units | 992 ( 8.6%) |
| Median Home Value | $445,521 |
| Average Home Value | $547,532 |
Housing Distribution
Address Breakdown
Residential
10,323
Single Family
8,497
Multi-Family
1,826
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices