605 Squire CIR #203NaplesFL34104
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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 Squire CIR #203, Naples, FL, 34104 uses $96,135 cash to close to unlock $1,451/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $1,419/mo payment keeps the spread at $121/mo. Purchase price stands at $290,000, and rental yield measures 8.46% with $2,045/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash records $107,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34104, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,029 (100%) |
| Owner Occupied HU | 8,178 (48.0%) |
| Renter Occupied HU | 4,488 (26.4%) |
| Vacant Housing Units | 4,363 (25.6%) |
| Median Home Value | $474,892 |
| Average Home Value | $562,833 |
Housing Distribution
Address Breakdown
Residential
15,059
Single Family
9,063
Multi-Family
5,996
Businesses
1,361
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