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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Naples at 4041 Gulf Shore Blvd N APT 1402, Naples, FL, 34103 generates $7,740/mo in rent, after a $9,055/mo payment. Total monthly income is $7,740/mo. Return on cash invested sits at 6.18% in year one, and rental yield is 5.02% on a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 31.58% and total cumulative return in cash sums $189,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,740/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$30,600 annually HOA
Neighborhood data shown for ZIP Code: 34103, Naples, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,255 (100%) |
| Owner Occupied HU | 5,109 (49.8%) |
| Renter Occupied HU | 908 ( 8.9%) |
| Vacant Housing Units | 4,238 (41.3%) |
| Median Home Value | $1,137,868 |
| Average Home Value | $1,286,603 |
Residential
9,610
Single Family
3,911
Multi-Family
5,699
Businesses
872
Date | Event | Price |
|---|---|---|
| 2024-11-18 | Listed for sale | $1,850,000 |
| 1995-06-21 | Sold | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $7406.56 | -2.64% | $838,794 | 3.00% |
| 2022-12-26 | $7607.05 | -1.49% | $814,363 | 3.00% |
| 2021-12-26 | $7722.28 | 2.51% | $790,644 | 1.40% |
Listed by: Albie Varoski • John R Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224093414
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.
