Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Naples at 3508 Cherokee St, Naples, FL, 34112 with 5% annual appreciation on a $489,900 basis while $4,800/mo rent supports operations. Total monthly income totals $4,800/mo and a $2,398/mo payment preserves $1,549/mo for cash returns. Annual cash flow comes to $18,585/yr on $162,402 deployed, and return on cash invested reaches 31.35% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 11.76%. Five-year ROI measures 164.79% and total cumulative return in cash totals $267,629.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34112, Naples, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,833 (100%) |
| Owner Occupied HU | 10,358 (49.7%) |
| Renter Occupied HU | 3,530 (16.9%) |
| Vacant Housing Units | 6,945 (33.3%) |
| Median Home Value | $473,527 |
| Average Home Value | $615,033 |
Residential
18,664
Single Family
13,834
Multi-Family
4,830
Businesses
704
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listed for sale | $489,900 |
| 2025-02-11 | Sold | $260,000 |
| 2025-01-27 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $602.13 | 83.62% | $78,471 | 3.00% |
| 2023-06-04 | $327.92 | -13.32% | $76,185 | 3.00% |
| 2022-06-04 | $378.30 | -2.90% | $73,966 | 3.00% |
Listed by: Beatriz Martin • Realty One Group MVP
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225052820
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.
