501 Forest Lakes Blvd APT 309NaplesFL34105
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
Investment Highlights
Investment property for sale in Naples at 501 Forest Lakes Blvd APT 309, Naples, FL, 34105 earns $204/mo cash flow from $1,518/mo rent with a $969/mo payment. Total monthly income totals $1,518/mo, and annual cash flow totals $2,450/yr on $65,637 capital. ROI tracks 23.64% on current figures, and rental yield reads 9.2% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 123.5% and total cumulative return in cash sums $81,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,518/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34105, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 5,833 (51.4%) |
| Renter Occupied HU | 2,385 (21.0%) |
| Vacant Housing Units | 3,124 (27.5%) |
| Median Home Value | $738,383 |
| Average Home Value | $989,025 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
6,464
Multi-Family
4,410
Businesses
248
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Nearby investment properties with comparable prices
Listed by: Helen Donaghy • Engel & Volkers Marco Island
Mls Name: Marco Multi List
Mls Provider:
Mls ID: #2251204
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Marco Island Area Association of Realtors. All rights reserved.