5500 Rattlesnake Hammock Rd APT J203NaplesFL34113
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.93, 5500 Rattlesnake Hammock Rd APT J203, Naples, FL, 34113 in Naples sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.43%. The 10.43% yield is backed by 5% annual appreciation projecting $60,506 in value gain, plus $2,017/yr in principal reduction. Total projected cumulative return: $80,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.1% |
| Monthly Cash Flow | $(78) | $1,850 |
City averages based on Naples market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,903 |
| Total Monthly Debt Service | $1,894 |
| DSCR Ratio | 1.01x |
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.
Condo
Built in 1980
N/A lot
$N/A/sqft
$6,328 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34113, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,176 (100%) |
| Owner Occupied HU | 8,358 (46.0%) |
| Renter Occupied HU | 3,244 (17.8%) |
| Vacant Housing Units | 6,574 (36.2%) |
| Median Home Value | $613,166 |
| Average Home Value | $783,586 |
Housing Distribution
Address Breakdown
Residential
16,259
Single Family
10,189
Multi-Family
6,070
Businesses
365
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
Condo
Built in 1980
N/A lot
$N/A/sqft
$6,328 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34113, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,176 (100%) |
| Owner Occupied HU | 8,358 (46.0%) |
| Renter Occupied HU | 3,244 (17.8%) |
| Vacant Housing Units | 6,574 (36.2%) |
| Median Home Value | $613,166 |
| Average Home Value | $783,586 |
Housing Distribution
Address Breakdown
Residential
16,259
Single Family
10,189
Multi-Family
6,070
Businesses
365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denny Grimes • Keller Williams Realty Naples
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224080995
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.