2181 Frangipani Cir UNIT 102NaplesFL34120
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Naples rental at 2181 Frangipani Cir UNIT 102, Naples, FL, 34120 sits in the solid-income band: 10.62% gross yield, $5,467/mo rent, $419/mo net after the $2,779/mo debt service, DSCR 1.97. Entry price of $618,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $170,742 and $5,692/yr in principal reduction bring total cumulative return to $266,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.1% |
| Monthly Cash Flow | $419 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,467 |
| Total Monthly Debt Service | $4,802 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2017
N/A lot
$N/A/sqft
$11,364 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
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
Condo
Built in 2017
N/A lot
$N/A/sqft
$11,364 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices