3348 Balboa Cir ENaplesFL34105
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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 3348 Balboa Cir E, Naples, FL, 34105 priced at $485,000 converts $5,047/mo rent into $1,828/mo cash flow after a $2,374/mo obligation. Total monthly income equals $5,047/mo, and annual cash flow totals $21,939/yr on $160,778 invested. Return on cash invested prints 33.55% in year one, and rental yield reads 12.49% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 176.62% and total cumulative return in cash sums $283,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,047/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1973
7,405 sqft 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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