3308 Europa DR #22NaplesFL34105
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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 3308 Europa DR #22, Naples, FL, 34105 generates $2,107/mo in rent and, after a $1,461/mo payment, leaves $126/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $1,513/yr on $98,953 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.47% on a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation builds toward $82,470 over five years. Five-year ROI reaches 111.67% and total cumulative return in cash sums $110,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
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