







No similar price properties found nearby.

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Naples at 3 Bluebill Ave APT 206, Naples, FL, 34108 listed at $490,000 pairs $3,896/mo rent with a $2,398/mo payment. Total monthly income runs $3,896/mo. Return on cash invested measures 18.26% in year one, and rental yield registers 9.54% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 96.9% and total cumulative return in cash totals $157,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,896/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$10,412 annually HOA
Neighborhood data shown for ZIP Code: 34108, Naples, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,293 (100%) |
| Owner Occupied HU | 7,024 (49.1%) |
| Renter Occupied HU | 1,226 ( 8.6%) |
| Vacant Housing Units | 6,043 (42.3%) |
| Median Home Value | $1,232,225 |
| Average Home Value | $1,335,714 |
Residential
12,522
Single Family
8,046
Multi-Family
4,476
Businesses
1,125
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listed for sale | $490,000 |
| 2024-07-13 | Listing removed | N/A |
| 2024-07-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2191.35 | -40.65% | $201,998 | -38.38% |
| 2022-02-14 | $3692.19 | 28.21% | $327,810 | 33.39% |
| 2021-02-14 | $2879.80 | 10.20% | $245,750 | 9.16% |
No similar price properties found nearby.



Listed by: Mitchell Zale • John R Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224101490
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.