3055 Horizon LN #1706NaplesFL34109
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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 3055 Horizon LN #1706, Naples, FL, 34109 offers a 7.21% rental yield on a $497,500 purchase with $2,989/mo rent. 64% in year one. Equity gained on principal adds $3,210/yr while 5% annual appreciation supports $137,450 over five years. Portfolio math shows five-year ROI at 91.25% and total cumulative return in cash at $150,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,989/mo property income against a $2,435/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
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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