245 Deerwood CIR #12-8NaplesFL34113
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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 245 Deerwood CIR #12-8, Naples, FL, 34113 offers a 8.54% rental yield on a $399,000 purchase with $2,840/mo rent. Total monthly income registers $2,840/mo, and a $1,953/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,305/yr on $132,269 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 112.8% and total cumulative return in cash at $149,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,840/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34113, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,176 (100%) |
| Owner Occupied HU | 8,358 (46.0%) |
| Renter Occupied HU | 3,244 (17.8%) |
| Vacant Housing Units | 6,574 (36.2%) |
| Median Home Value | $613,166 |
| Average Home Value | $783,586 |
Housing Distribution
Address Breakdown
Residential
16,259
Single Family
10,189
Multi-Family
6,070
Businesses
365
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