2343 Sheen Ln UNIT 401NaplesFL34120
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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 2343 Sheen Ln UNIT 401, Naples, FL, 34120 generates $2,448/mo in rent, after a $1,997/mo payment. Total monthly income is $2,448/mo. Return on cash invested sits at 11.64% in year one, and rental yield is 7.2% on a $408,000 entry. Equity gained on principal adds $2,633/yr, while 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 61.23% and total cumulative return in cash sums $82,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,448/mo property income rather than buyer’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$7,964 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
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Listed by: John Milaski • Miloff Aubuchon Realty Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225058034
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.