620 3rd St SWNaplesFL34117
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 620 3rd St SW, Naples, FL, 34117 earns $134/mo cash flow from $3,810/mo rent with a $2,711/mo payment. Total monthly income totals $3,810/mo, and annual cash flow totals $1,613/yr on $182,217 capital. ROI tracks 20.95% on current figures, and rental yield reads 8.25% at a $553,850 purchase. Equity gained on principal adds $3,574/yr, and 5% annual appreciation supports $153,019 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash sums $198,546. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,810/mo property income instead of your personal income.
Single Family
Built in 2004
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elvia Arana • Rawlings Realty, Inc
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025010855
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.