347 Grace Bay LnNaplesFL34114
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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 347 Grace Bay Ln, Naples, FL, 34114 priced at $646,999 pairs $7,800/mo rent with $3,220/mo cash flow after a $3,167/mo payment. Total monthly income equals $7,800/mo, and annual cash flow comes to $38,642/yr on $212,863 invested. Return on cash invested is 38.21% in year one, and rental yield stands at 14.47% on a $646,999 basis. Equity gained on principal adds $4,175/yr, and 5% annual appreciation accumulates to $178,754 by year five. Five-year ROI measures 202.16% and total cumulative return in cash reaches $430,327. For financing, Ziffy Mortgage’s DSCR program evaluates $7,800/mo property income against a $3,167/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$3,432 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34114, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,360 (100%) |
| Owner Occupied HU | 10,417 (51.2%) |
| Renter Occupied HU | 1,929 ( 9.5%) |
| Vacant Housing Units | 8,014 (39.4%) |
| Median Home Value | $621,653 |
| Average Home Value | $701,355 |
Housing Distribution
Address Breakdown
Residential
16,817
Single Family
8,129
Multi-Family
8,688
Businesses
443
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Listed by: Michael Bone • DR Horton Realty SW FL LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224063719
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.