4079 Northlight Dr #1802NaplesFL34112
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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
Investment property for sale in Naples at 4079 Northlight Dr #1802, Naples, FL, 34112 offers a 10.34% rental yield on a $289,000 purchase with $2,490/mo rent. Total monthly income registers $2,490/mo, and a $1,415/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,860/yr on $95,804 to close, and return on cash invested stands at 27.07% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 141.83% and total cumulative return in cash at $135,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,490/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34112, Naples, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,664
Single Family
13,834
Multi-Family
4,830
Businesses
704
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