2842 8th AVE NENaplesFL34120
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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 2842 8th AVE NE, Naples, FL, 34120 generates $4,800/mo in rent and, after a $2,765/mo payment, leaves $1,051/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $12,612/yr on $185,885 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 10.19% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 140.59% and total cumulative return in cash sums $261,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34120, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,374 (100%) |
| Owner Occupied HU | 16,236 (76.0%) |
| Renter Occupied HU | 1,816 ( 8.5%) |
| Vacant Housing Units | 3,322 (15.5%) |
| Median Home Value | $499,129 |
| Average Home Value | $654,350 |
Housing Distribution
Address Breakdown
Residential
19,945
Single Family
19,091
Multi-Family
854
Businesses
150
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