3423 24th Ave SENaplesFL34117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3423 24th Ave SE, Naples, FL, 34117 earns $1,842/mo cash flow from $5,404/mo rent with a $2,627/mo payment. Total monthly income totals $5,404/mo, and annual cash flow totals $22,107/yr on $176,576 capital. ROI tracks 32.58% on current figures, and rental yield reads 12.08% at a $536,706 purchase. Equity gained on principal adds $3,463/yr, and 5% annual appreciation supports $148,282 over five years. Five-year ROI reaches 171.37% and total cumulative return in cash sums $302,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,404/mo property income instead of your personal income.
Single Family
Built in 2023
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices