2384 41st St SWNaplesFL34116
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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 2384 41st St SW, Naples, FL, 34116 offers a 8.37% rental yield on a $250,000 purchase with $1,744/mo rent. Total monthly income registers $1,744/mo, and a $1,224/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,015/yr on $82,875 to close, and return on cash invested stands at 21.13% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 110.01% and total cumulative return in cash at $91,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,744/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
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
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