3518 Zanzibar WayNaplesFL34119
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3518 Zanzibar Way, Naples, FL, 34119 in Naples is narrow, $6/mo net on $3,254/mo rent after the $2,158/mo debt service, but the property operates at break-even-plus, not a loss. At $479,900 with a 7.98% yield, the long-run equity case via 5% appreciation ($132,588 over five years) and $4,420/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $187,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.1% |
| Monthly Cash Flow | $6 | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,254 |
| Total Monthly Debt Service | $2,994 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2003
3,406 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34119, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,829 (100%) |
| Owner Occupied HU | 12,915 (65.1%) |
| Renter Occupied HU | 3,072 (15.5%) |
| Vacant Housing Units | 3,842 (19.4%) |
| Median Home Value | $728,985 |
| Average Home Value | $838,696 |
Housing Distribution
Address Breakdown
Residential
18,923
Single Family
14,363
Multi-Family
4,560
Businesses
375
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
Townhouse
Built in 2003
3,406 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34119, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,829 (100%) |
| Owner Occupied HU | 12,915 (65.1%) |
| Renter Occupied HU | 3,072 (15.5%) |
| Vacant Housing Units | 3,842 (19.4%) |
| Median Home Value | $728,985 |
| Average Home Value | $838,696 |
Housing Distribution
Address Breakdown
Residential
18,923
Single Family
14,363
Multi-Family
4,560
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices