605 8th AVE S #605NaplesFL34102
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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 605 8th AVE S #605, Naples, FL, 34102 offers a 3.75% rental yield on a $1,699,750 purchase with $5,312/mo rent. 37% in year one. Equity gained on principal adds $10,968/yr while 5% annual appreciation supports $469,610 over five years. Portfolio math shows five-year ROI at 36.09% and total cumulative return in cash at $198,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,312/mo property income against a $8,319/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: 34102, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,934 (100%) |
| Owner Occupied HU | 4,545 (45.8%) |
| Renter Occupied HU | 1,140 (11.5%) |
| Vacant Housing Units | 4,249 (42.8%) |
| Median Home Value | $1,817,500 |
| Average Home Value | $1,578,617 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
5,064
Multi-Family
3,499
Businesses
1,336
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