240 Cape Sable DrNaplesFL34104
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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 240 Cape Sable Dr, Naples, FL, 34104 priced at $169,900 converts $3,302/mo rent into $2,024/mo cash flow after a $832/mo obligation. Total monthly income equals $3,302/mo, and annual cash flow totals $24,289/yr on $56,322 invested. Return on cash invested prints 63.03% in year one, and rental yield reads 23.32% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 335.94% and total cumulative return in cash sums $189,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,302/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1973
4,800 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34104, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,029 (100%) |
| Owner Occupied HU | 8,178 (48.0%) |
| Renter Occupied HU | 4,488 (26.4%) |
| Vacant Housing Units | 4,363 (25.6%) |
| Median Home Value | $474,892 |
| Average Home Value | $562,833 |
Housing Distribution
Address Breakdown
Residential
15,059
Single Family
9,063
Multi-Family
5,996
Businesses
1,361
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