260 Barefoot Beach BLVD #604NaplesFL34134
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 260 Barefoot Beach BLVD #604, Naples, FL, 34134 in Naples the bet is firmly on appreciation. Rental yield 3.32%. The 3.32% gross yield on a $1,475,000 price is below income-first thresholds, but 5%/yr value growth projects $407,515 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.62) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $195,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 5.1% |
| Monthly Cash Flow | $(7,572) | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,084 |
| Total Monthly Debt Service | $9,201 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices