2603 24th AVE SENaplesFL34117
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2603 24th AVE SE, Naples, FL, 34117 in Naples. At $549,900 it earns $4,115/mo in rent and distributes $466/mo to the owner after the $2,473/mo payment, a consistent 8.98% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $151,927 in value; $5,065/yr in principal paydown compounds ownership stake. Total projected return: $239,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.1% |
| Monthly Cash Flow | $466 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,115 |
| Total Monthly Debt Service | $3,430 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2025
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
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
Single Family
Built in 2025
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices