241 Colonade CirNaplesFL34103
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 241 Colonade Cir, Naples, FL, 34103 priced at $1,299,999 converts $4,972/mo rent into after a $6,363/mo obligation. Total monthly income equals $4,972/mo. Return on cash invested prints 6.25% in year one, and rental yield reads 4.59% against a $1,299,999 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 31.45% and total cumulative return in cash sums $132,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,972/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$15,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34103, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,255 (100%) |
| Owner Occupied HU | 5,109 (49.8%) |
| Renter Occupied HU | 908 ( 8.9%) |
| Vacant Housing Units | 4,238 (41.3%) |
| Median Home Value | $1,137,868 |
| Average Home Value | $1,286,603 |
Housing Distribution
Address Breakdown
Residential
9,610
Single Family
3,911
Multi-Family
5,699
Businesses
872
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dede Kriegbaum • Premiere Plus Realty Company
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224081081
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.