3009 Driftwood WAY #2805NaplesFL34109
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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 3009 Driftwood WAY #2805, Naples, FL, 34109 earns $115/mo cash flow from $2,431/mo rent with a $1,708/mo payment. Total monthly income totals $2,431/mo, and annual cash flow totals $1,382/yr on $115,694 capital. ROI tracks 21.1% on current figures, and rental yield reads 8.36% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 109.86% and total cumulative return in cash sums $127,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,431/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34109, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 8,409 (52.1%) |
| Renter Occupied HU | 4,427 (27.4%) |
| Vacant Housing Units | 3,304 (20.5%) |
| Median Home Value | $691,504 |
| Average Home Value | $857,298 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
8,331
Multi-Family
7,242
Businesses
1,631
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